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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease Amounts in Financial Statements
The Consolidated Financial Statements include the following amounts related to operating leases where the Company is the lessee ($ in millions):
202520242023
Consolidated Statements of Earnings
Fixed operating lease expense(a)
$250 $239 $207 
Variable operating lease expense66 60 67 
Total operating lease expense$316 $299 $274 
Consolidated Statements of Cash Flows
Cash paid for amounts included in the measurement of operating lease liabilities$250 $245 $214 
ROU assets obtained in exchange for operating lease obligations298 320 182 
Consolidated Balance SheetsDecember 31, 2025December 31, 2024
Lease Assets and LiabilitiesClassification
Operating lease ROU assetsOther long-term assets$1,214 $1,084 
Operating lease liabilities - currentAccrued expenses and other liabilities$199 $173 
Operating lease liabilities - long-termOther long-term liabilities1,079 968 
Total operating lease liabilities$1,278 $1,141 
Weighted average remaining lease term10 years9 years
Weighted average discount rate4.2 %4.2 %
(a) Includes short-term leases and sublease income, both of which were immaterial.
Maturity of Operating Lease Liabilities
The following table presents the maturity of the Company’s operating lease liabilities as of December 31, 2025 ($ in millions):
2026$239 
2027201 
2028174 
2029150 
2030129 
Thereafter658 
Total operating lease payments1,551 
Less: imputed interest(273)
Total operating lease liabilities$1,278