XML 63 R43.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost, Supplemental Cash Flow, and Balance Sheet, and Lease Assumptions
The components of lease costs were as follows:
Years Ended December 31,
 202520242023
Operating Lease Costs:
Fixed$66,752 $61,464 $57,409 
Variable9,346 8,890 8,243 
Short-term 21,718 20,564 20,550 
Total(1)
$97,816 $90,918 $86,202 
(1) Finance lease cost and sublease income were immaterial.

Supplemental cash flow information related to leases was as follows:
Years Ended December 31,
 202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$65,302 $63,093 $57,607 
Operating cash flows for finance leases479 443 318 
Financing cash flows for finance leases5,347 4,316 3,231 
Total$71,128 $67,852 $61,156 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$48,143 $49,021 $50,997 
Financing leases3,197 4,469 3,539 
Total$51,340 $53,490 $54,536 

Supplemental balance sheet information related to leases was as follows:
 December 31, 2025December 31, 2024
Operating Leases
Right-of-use assets:
 Other assets and deferred charges$229,003 $208,379 
Lease liabilities:
  Other accrued expenses$52,366 $49,646 
  Other liabilities194,465 174,905 
Total operating lease liabilities$246,831 $224,551 
Finance Leases
Right-of-use assets:
Property, plant and equipment, net (1)
$10,422 $9,044 
Lease liabilities:
   Other accrued expenses$4,504 $3,543 
   Other liabilities5,145 5,603 
Total finance lease liabilities$9,649 $9,146 
(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $16,924 and $12,378 for the years ended December 31, 2025 and December 31, 2024, respectively.
Average lease terms and discount rates were as follows:
December 31, 2025December 31, 2024December 31, 2023
Weighted-average remaining lease term (years)
Operating leases7.06.97.2
Finance leases2.52.73.0
Weighted-average discount rate
Operating leases4.2 %4.1 %4.0 %
Finance leases4.2 %4.2 %3.9 %
Schedule of Maturity of Operating Lease Liability
The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:
 OperatingFinance
2026$61,264 $5,554 
202751,905 3,229 
202841,714 1,558 
202931,026 527 
203023,745 145 
Thereafter79,795 14 
Total lease payments289,449 11,027 
Less interest(42,618)(1,378)
Present value of lease liabilities$246,831 $9,649 
Schedule of Maturity of Finance Lease Liability
The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:
 OperatingFinance
2026$61,264 $5,554 
202751,905 3,229 
202841,714 1,558 
202931,026 527 
203023,745 145 
Thereafter79,795 14 
Total lease payments289,449 11,027 
Less interest(42,618)(1,378)
Present value of lease liabilities$246,831 $9,649