XML 67 R51.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The components of lease expense included in Income (Loss) before Income Taxes for the years ended December 31, 2025, 2024 and 2023 are as follows:
(In millions)202520242023
Operating Lease Expense$318 $326 $302 
Finance Lease Expense:
Amortization of ROU assets13 12 12 
Interest on lease liabilities21 21 20 
Short Term Lease Expense13 11 11 
Variable Lease Expense3 5 3 
Sublease Income(9)(9)(10)
Total Lease Expense$359 $366 $338 
Schedule of Direct Financing Lease, Lease Income
Supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023 is as follows:
(In millions)202520242023
Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating Cash Flows for Operating Leases$287 $277 $278 
Operating Cash Flows for Finance Leases21 21 20 
Financing Cash Flows for Finance Leases11 10 8 
ROU Assets Obtained in Exchange for Lease Obligations
Operating Leases155 223 218 
Finance Leases2 2 17 
Schedule of Lessee, Balance Sheet Information
Supplemental balance sheet information related to leases as of December 31, 2025 and 2024 is as follows:
(In millions, except lease term and discount rate)20252024
Operating Leases
Operating Lease ROU Assets$998 $951 
Operating Lease Liabilities due Within One Year$196 $200 
Operating Lease Liabilities862 804 
Total Operating Lease Liabilities$1,058 $1,004 
Finance Leases
Property, Plant and Equipment, at cost$299 $285 
Accumulated Depreciation(105)(89)
Property, Plant and Equipment, net$194 $196 
Long Term Debt and Finance Leases due Within One Year$11 $10 
Long Term Debt and Finance Leases250 251 
Total Finance Lease Liabilities$261 $261 
Weighted Average Remaining Lease Term (years)
Operating Leases8.76.9
Finance Leases26.327.1
Weighted Average Discount Rate
Operating Leases7.75 %7.45 %
Finance Leases8.26 %8.23 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Future maturities of our lease liabilities, excluding subleases, as of December 31, 2025 are as follows:
(In millions)Operating LeasesFinance Leases
2026$264 $30 
2027226 29 
2028178 28 
2029144 30 
2030120 25 
Thereafter487 568 
Total Lease Payments1,419 710 
Less: Imputed Interest361 449 
Total$1,058 $261 
Schedule of Finance Lease, Liability, Maturity
Future maturities of our lease liabilities, excluding subleases, as of December 31, 2025 are as follows:
(In millions)Operating LeasesFinance Leases
2026$264 $30 
2027226 29 
2028178 28 
2029144 30 
2030120 25 
Thereafter487 568 
Total Lease Payments1,419 710 
Less: Imputed Interest361 449 
Total$1,058 $261