Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Operating and Financing Leases Presented in Balance Sheets

The balances for the operating and finance leases where we are the lessee are presented as follows (in millions) within our consolidated balance sheets:

	December 31, 2024		December 31, 2023
Operating leases:
Operating lease right-of-use assets	$	5,160	$	4,180
Accrued liabilities and other	$	807	$	672
Other long-term liabilities	4,603		3,671
Total operating lease liabilities	$	5,410	$	4,343
Finance leases:
Solar energy systems, net	$	21	$	23
Property, plant and equipment, net	350		601
Total finance lease assets	$	371	$	624
Current portion of long-term debt and finance leases	$	113	$	398
Long-term debt and finance leases, net of current portion	222		175
Total finance lease liabilities	$	335	$	573

Schedule of Components of Lease Expense and Other Information Related to Leases

The components of lease expense are as follows (in millions) within our consolidated statements of operations:

	Year Ended December 31,
	2024		2023		2022
Operating lease expense:
Operating lease expense (1)	$	1,500	$	1,153	$	798
Finance lease expense:
Amortization of leased assets	$	409	$	506	$	493
Interest on lease liabilities	21		45		72
Total finance lease expense	$	430	$	551	$	565
Total lease expense	$	1,930	$	1,704	$	1,363

(1)Includes short-term leases and variable lease costs, which are immaterial.

Other information related to leases where we are the lessee is as follows:

	December 31, 2024		December 31, 2023
Weighted-average remaining lease term:
Operating leases	7.9 years		7.4 years
Finance leases	4.4 years		2.3 years
Weighted-average discount rate:
Operating leases	5.3	%	5.6	%
Finance leases	4.7	%	5.5	%

Supplemental cash flow information related to leases where we are the lessee is as follows (in millions):

	Year Ended December 31,
	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	1,450	$	1,084	$	754
Operating cash outflows from finance leases (interest payments)	$	21	$	47	$	75
Leased assets obtained in exchange for finance lease liabilities	$	144	$	10	$	58
Leased assets obtained in exchange for operating lease liabilities	$	1,808	$	2,170	$	1,059

Lessee, Operating Lease, Liability, to be Paid, Maturity

As of December 31, 2024, the maturities of our operating and finance lease liabilities (excluding short-term leases) are as follows (in millions):

	Operating Leases		Finance Leases
2025	$	1,066	$	122
2026	958		84
2027	843		69
2028	742		27
2029	642		22
Thereafter	2,428		45
Total minimum lease payments	6,679		369
Less: Interest	1,269		34
Present value of lease obligations	5,410		335
Less: Current portion	807		113
Long-term portion of lease obligations	$	4,603	$	222

Finance Lease, Liability, to be Paid, Maturity

As of December 31, 2024, the maturities of our operating and finance lease liabilities (excluding short-term leases) are as follows (in millions):

	Operating Leases		Finance Leases
2025	$	1,066	$	122
2026	958		84
2027	843		69
2028	742		27
2029	642		22
Thereafter	2,428		45
Total minimum lease payments	6,679		369
Less: Interest	1,269		34
Present value of lease obligations	5,410		335
Less: Current portion	807		113
Long-term portion of lease obligations	$	4,603	$	222

Lessor, Operating Lease, Payment to be Received, Maturity

We are the lessor of certain vehicle and solar energy system arrangements as described in Note 2, Summary of Significant Accounting Policies. As of December 31, 2024, maturities of our operating lease and sales-type lease receivables from customers for each of the next five years and thereafter were as follows (in millions):

	Operating Leases		Sales-type Leases
2025	$	1,265	$	177
2026	777		185
2027	454		93
2028	240		27
2029	200		2
Thereafter	1,290		—
Gross lease receivables	$	4,226	$	484

Sales-Type and Direct Financing Leases, Payment to be Received, Maturity

We are the lessor of certain vehicle and solar energy system arrangements as described in Note 2, Summary of Significant Accounting Policies. As of December 31, 2024, maturities of our operating lease and sales-type lease receivables from customers for each of the next five years and thereafter were as follows (in millions):

	Operating Leases		Sales-type Leases
2025	$	1,265	$	177
2026	777		185
2027	454		93
2028	240		27
2029	200		2
Thereafter	1,290		—
Gross lease receivables	$	4,226	$	484

Schedule of Lease Receivables Relating to Sales-Type Leases

Net investment in sales-type leases, which is the sum of the present value of the future contractual lease payments, is presented on the consolidated balance sheets as a component of Prepaid expenses and other current assets for the current portion and as Other non-current assets for the long-term portion. Lease receivables relating to sales-type leases are presented on the consolidated balance sheets as follows (in millions):

	December 31, 2024		December 31, 2023
Gross lease receivables	$	484	$	780
Unearned interest income	(38)		(78)
Allowance for expected credit losses	(6)		(6)
Net investment in sales-type leases	$	440	$	696
Reported as:
Prepaid expenses and other current assets	$	152	$	189
Other non-current assets	288		507
Net investment in sales-type leases	$	440	$	696