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LEASES
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
LEASES LEASES
The Company leases various real estate, including certain operating facilities, warehouses, office space and land. The Company also leases material handling equipment, vehicles and certain other equipment. The Company’s leases have a remaining lease term of up to 15 years. Total lease cost was $15 million and $14 million for the three months and $45 million and $42 million for the nine months ended September 30, 2025 and 2024, respectively.

Supplemental Balance Sheet Information Related to Leases

In millions
Classification
September 30, 2025December 31, 2024
Assets
Operating lease assets
Right of use assets$53 $58 
Finance lease assets
Plants, properties, and equipment, net (a)20 20 
Total leased assets
$73 $78 
Liabilities
Current
Operating
Other current liabilities$22 $21 
Finance
Notes payable and current maturities of long-term debt3 
Noncurrent
Operating
Other Liabilities38 45 
Finance
Long-term debt12 12 
Total lease liabilities
$75 $80 

(a)Finance leases are recorded net of accumulated amortization of $19 million and $17 million as of September 30, 2025 and December 31, 2024, respectively.
LEASES LEASES
The Company leases various real estate, including certain operating facilities, warehouses, office space and land. The Company also leases material handling equipment, vehicles and certain other equipment. The Company’s leases have a remaining lease term of up to 15 years. Total lease cost was $15 million and $14 million for the three months and $45 million and $42 million for the nine months ended September 30, 2025 and 2024, respectively.

Supplemental Balance Sheet Information Related to Leases

In millions
Classification
September 30, 2025December 31, 2024
Assets
Operating lease assets
Right of use assets$53 $58 
Finance lease assets
Plants, properties, and equipment, net (a)20 20 
Total leased assets
$73 $78 
Liabilities
Current
Operating
Other current liabilities$22 $21 
Finance
Notes payable and current maturities of long-term debt3 
Noncurrent
Operating
Other Liabilities38 45 
Finance
Long-term debt12 12 
Total lease liabilities
$75 $80 

(a)Finance leases are recorded net of accumulated amortization of $19 million and $17 million as of September 30, 2025 and December 31, 2024, respectively.