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LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of operating lease cost
The components of operating lease cost are presented below:
Year Ended December 31,
(dollars in millions)202520242023
Operating lease cost$224 $220 $221 
Short-term lease cost
Variable lease cost
Sublease income(5)(5)(1)
Total$227 $223 $227 
Year Ended December 31,
(dollars in millions)202520242023
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases$231 $233 $232 
Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets:
Right-of-use assets in exchange for new operating lease liabilities144 84 64 
Supplemental consolidated balance sheet information
Supplemental information related to the Company’s operating lease arrangements is presented in the tables below:
December 31,
(dollars in millions)20252024Affected Line Item in Consolidated Balance Sheets
Operating lease right-of-use assets$958 $869 Other assets
Operating lease liabilities1,042 956 Other liabilities
Weighted average remaining lease term (years)77
Weighted average discount rate3.89 %3.51 %
Lease liability maturity schedule
Lease liabilities maturing under noncancellable operating leases are presented below as of December 31, 2025:
Year
(dollars in millions)
2026$203 
2027210 
2028179 
2029147 
2030117 
Thereafter358 
Total lease payments1,214 
Less: Interest172 
Present value of lease liabilities$1,042