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Leases
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases
Note 18. Leases
We have operating leases that primarily consist of real estate, machinery and equipment. As of December 31, 2024, the Company has not identified any material finance leases. Our leases have remaining lease terms of up to 13 years, some of which include options to extend the leases for up to two years, and some of which include options to terminate the leases within the year.
The components of lease expense are as follows:
Year Ended December 31,
202420232022
(Dollars in millions)
Operating lease cost$17 $16 $16 
Supplemental cash flow information related to operating leases is as follows:
Year Ended December 31,
202420232022
(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$33 $13 $13 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$11 $$
Supplemental balance sheet information related to operating leases is as follows:
Year Ended December 31,
20242023
(Dollars in millions)
Other assets$52 $40 
Accrued liabilities11 
Other liabilities42 33 

Year Ended December 31,
20242023
Weighted-average lease term (in years)6.898.08
Weighted-average discount rate6.71 %5.69 %
Maturities of operating lease liabilities are as follows:
Year Ended December 31, 2024
(Dollars in millions)
2025$14 
202612 
202711 
2028
2029
Thereafter17 
Total lease payments65 
Less imputed interest(12)
$53