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Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease Cost and Additional Information
The following table provides additional information about the Company’s property leases:
 
Three Months Ended
September 30,
Nine Months Ended
 September 30,
(In millions, except weighted average data)
2025202420252024
Lease Cost:
Operating lease cost (a)
$88 $84 $262$247
Short-term lease cost1 44
Variable lease cost35 31 10185
Sublease income(6)(2)(16)(10)
Net lease cost$118 $114 $351$326
Other information:
Operating cash outflows from operating leases$300$278
ROU assets obtained in exchange for new operating lease liabilities
$94$135
Weighted average remaining lease term – real estate7.3 years7.8 years
Weighted average discount rate – real estate leases3.79 %3.64 %
(a)Excludes ROU asset impairment charges.
Schedule of Future Minimum Payments for Operating Leases
Future minimum lease payments for the Company’s operating leases at September 30, 2025 are as follows:
(In millions)Real Estate Leases
2025 (excludes payments through September 30, 2025)
$100 
2026383 
2027342 
2028263 
2029219 
2030185 
Subsequent years617 
Total future lease payments2,109 
Less: Imputed interest(263)
Total$1,846 
Current lease liabilities$332 
Long-term lease liabilities1,514 
Total lease liabilities$1,846 
Note: The above table excludes obligations for leases with original terms of 12 months or less which have not been recognized as a ROU asset or liability in the consolidated balance sheets.