XML 49 R36.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Cost
The following table presents the components of lease cost (in millions) (1):
Year ended December 31,
202420232022
Operating lease cost$170 $171 $147 
Variable lease cost55 57 51 
Short-term lease cost3 2 2 
Total lease cost$228 $230 $200 
(1)Finance lease costs were not material for the years ended December 31, 2024, 2023 and 2022.
The following table presents the components of cash paid for amounts included in the measurement of lease liabilities (in millions) (1):
December 31,
202420232022
Operating cash outflows from operating leases$139 $153 $116 
(1)Cash payments for operating leases have been classified as operating activities on the consolidated statements of cash flows. Principal and interest payments for finance leases have been classified as financing activities and operating activities, respectively, on the consolidated statements of cash flows, and were not material for the years ended December 31, 2024, 2023 and 2022.
Schedule of Assets and Liabilities
The following table presents supplemental consolidated balance sheet information (in millions, except lease term and discount rate) (1):
December 31,
Location of lease balances20242023
Operating lease right-of-use assetsOther assets$796$883
Operating lease liabilities - currentOther accrued liabilities$95$112
Operating lease liabilities - noncurrentOther liabilities$785$846
Weighted-average remaining lease term (in years)13.213.6
Weighted-average discount rate4.5 %4.4 %
(1)Finance leases were not material as of December 31, 2024 and 2023.
Schedule of Maturities of Operating Lease Liabilities
As of December 31, 2024, maturities of operating lease liabilities are as follows (in millions) (1):
 December 31, 2024
2025$129 
2026$109 
2027$92 
2028$82 
2029$81 
After 2029$697 
Total operating payments$1,190 
Less: imputed discount$310 
Present value of lease payments$880 
(1)Finance leases were not material as of December 31, 2024.