Contingencies, Commitments and Guarantees (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum rental payments for operating leases

The following represents the maturities of our outstanding lease commitments, including extension or termination options used in the determination of the lease term which we are reasonably certain to exercise as of December 31, 2025:

TABLE 12.1: MATURITIES OF OUTSTANDING LEASE COMMITMENTS

(Millions)
2026	$	175
2027	172
2028	158
2029	129
2030	101
Thereafter	942
Total Outstanding Fixed Lease Payments (a)	$	1,677
Less: Amount representing interest	$	(541)
Lease Liabilities	$	1,136

(a)Excludes $355 million related to leases that were not yet commenced but were commitments as of December 31, 2025.