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Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of Net Investment in Sales-Type and Direct Financing Leases
The components of the net investment in sales-type and direct financing leases, at December 31, were as follows:
(Dollars in Millions)20252024
Lease receivables$7,277 $7,328 
Unguaranteed residual values accruing to the lessor’s benefit653 911 
Total net investment in sales-type and direct financing leases$7,930 $8,239 
Schedule of Contractual Future Lease Payments to be Received for Sales-Type and Direct Financing Leases
The contractual future lease payments to be received by the Company, at December 31, 2025, were as follows:
(Dollars in Millions)Sales-type and Direct Financing Leases Operating Leases
2026$2,611 $145 
20272,524 123 
20281,612 93 
2029735 63 
2030294 41 
Thereafter342 67 
Total lease payments8,118 $532 
Amounts representing interest(841)
Lease receivables$7,277 
Schedule of Contractual Future Lease Payments to be Received for Operating Leases
The contractual future lease payments to be received by the Company, at December 31, 2025, were as follows:
(Dollars in Millions)Sales-type and Direct Financing Leases Operating Leases
2026$2,611 $145 
20272,524 123 
20281,612 93 
2029735 63 
2030294 41 
Thereafter342 67 
Total lease payments8,118 $532 
Amounts representing interest(841)
Lease receivables$7,277 
Schedule of Amounts Related to Assets Leased
The following table presents amounts relevant to the Company’s assets leased for use in its operations for the years ended December 31:
(Dollars in Millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$339 $389 $409 
Operating cash flows from finance leases7 7 7 
Financing cash flows from finance leases51 62 49 
Right of use assets obtained in exchange for new operating lease liabilities275 268 230 
Right of use assets obtained in exchange for new finance lease liabilities14 59 25 

The following table presents the weighted-average remaining lease terms and discount rates of the Company’s assets leased for use in its operations at December 31:
 20252024
Weighted-average remaining lease term of operating leases (in years)7.16.7
Weighted-average remaining lease term of finance leases (in years)8.48.1
Weighted-average discount rate of operating leases4.1 %4.0 %
Weighted-average discount rate of finance leases6.7 %7.3 %
Schedule of Contractual Future Lease Obligations for Operating Leases
The contractual future lease obligations of the Company at December 31, 2025, were as follows:
(Dollars in Millions)Operating Leases Finance
Leases
2026$326 $43 
2027304 31 
2028266 20 
2029225 12 
2030164 9 
Thereafter463 27 
Total lease payments1,748 142 
Amounts representing interest(329)(17)
Lease liabilities$1,419 $125 
Schedule of Contractual Future Lease Obligations for Finance Leases
The contractual future lease obligations of the Company at December 31, 2025, were as follows:
(Dollars in Millions)Operating Leases Finance
Leases
2026$326 $43 
2027304 31 
2028266 20 
2029225 12 
2030164 9 
Thereafter463 27 
Total lease payments1,748 142 
Amounts representing interest(329)(17)
Lease liabilities$1,419 $125