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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease, Cost
Lease Cost — The components of lease cost consisted of the following for the years ended December 31, 2024, 2023 and 2022:
($ in millions)202420232022
Operating lease cost$155 $140 $111 
Short term lease cost15 13 17 
Sublease income(4)(1)(1)
Total lease cost$166 $152 $127 
Lease Term and Discount Rate — The weighted-average remaining lease term (in years) and discount rate related to the operating leases consisted of the following as of December 31, 2024:
Year ended December 31,
2024
Weighted-average remaining lease term (years)6.09
Weighted-average discount rate5.44 %
Other Information — Supplemental cash flow and other information for the years ended December 31, 2024, 2023 and 2022 related to operating leases was as follows:
For the year ended
December 31,
($ in millions)202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$174 $133 $92 
Right-of-use assets obtained in exchange for new operating lease liabilities$155 $73 $148 
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
Maturity of Lease Liabilities — The present value of the Group’s operating leases consisted of the following as of December 31, 2024:
($ in millions)Year Ending
December 31
2025$151 
2026$125 
2027103 
202877 
202963 
Thereafter172 
Total undiscounted future cash flows691 
Less: imputed interest(144)
Present value of undiscounted future cash flows547 
Less: Operating lease liabilities – current119 
Operating lease liabilities – noncurrent428 
Total operating lease liabilities$547