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Leasing (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Expense and Operating Cash Flows

Lease expense and operating cash flows include:

 

2024

 

 

2023

 

Costs from operating leases

 

$

54

 

 

$

53

 

Variable lease payments

 

$

42

 

 

$

25

 

Short-term rental expense

 

$

7

 

 

$

11

 

Schedule of Weighted Average Lease Term and Weighted Average Discount Rate

The weighted average lease term and weighted average discount rate were as follows:

December 31,

 

2024

 

 

2023

 

Weighted average lease term for operating leases (years)

 

10.7

 

 

12.9

 

Weighted average discount rate for operating leases

 

 

6.8

%

 

 

6.7

%

Schedule of Aggregate Right-of Use Assets and Related Lease Obligations

The following represents the aggregate right-of-use assets and related lease obligations recognized in the Consolidated Balance Sheet:

December 31,

 

2024

 

 

2023

 

Properties, plants, and equipment, net

 

$

259

 

 

$

135

 

 

 

 

 

 

 

 

Other current liabilities

 

$

38

 

 

$

31

 

Other noncurrent liabilities and deferred credits

 

 

223

 

 

 

104

 

Total operating lease liabilities

 

$

261

 

 

$

135

 

Schedule of Future Cash Flows Related to Operating Lease Obligations

The future cash flows related to the operating lease obligations as of December 31, 2024 were as follows:

Year Ending December 31,

 

 

 

2025

 

$

55

 

2026

 

 

48

 

2027

 

 

42

 

2028

 

 

37

 

2029

 

 

32

 

Thereafter

 

 

170

 

Total lease payments (undiscounted)

 

 

384

 

Less: discount to net present value

 

 

(123

)

Total

 

$

261