Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lease Cost and Other Information

The following table sets forth the amounts relating to the Company’s total lease cost and other information (in millions).

	Year Ended December 31
	2024		2023			2022
Lease cost:
Operating lease cost	$	410	$	390		$	356
Short-term lease cost	135		126			127
Total lease cost	$	545	$	516		$	483
Other information:
Operating lease liability principal payments (1)	$	397	$	374		$	339
Right-of-use assets obtained in exchange for new operating lease liabilities	$	437	$	327		$	357
			December 31
			2024			2023
Weighted-average remaining lease term - operating leases (in years)			7			7
Weighted average discount rate - operating leases			4.5		%	4.1		%

    

(1) Operating lease payments are presented as operating activities within the Consolidated Statements of Cash Flows.

Schedule of Aggregate Future Lease Payments for Operating Leases

The aggregate future lease payments for operating leases as of December 31, 2024 are as follows (in millions):

	Undiscounted
	Cash Flows
2025	$	377
2026	284
2027	231
2028	180
2029	122
Thereafter	442
Total undiscounted minimum lease payments	1,636
Less: Interest (1)	(255)
Lease liability	$	1,381

(1) Calculated using the implicit rate of the lease, if available, or the incremental borrowing rate that is appropriate for the tenor and geography of the lease.