LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Supplemental Information Related to Operating Leases

The following table summarizes balance sheet and other information related to our operating leases:

		December 31,
(in millions, except weighted average amounts)	Classification	2024			2023
Right-of-use assets, net	Other long-term assets	$	515		$	581
Lease liabilities – current	Other current liabilities	$	113		$	125
Lease liabilities – noncurrent	Other long-term obligations	$	498		$	546
Weighted average remaining lease term		8.0 years			7.5 years
Weighted average discount rate		3.37		%	3.22		%

The following table summarizes other supplemental information related to our operating leases:

	Year Ended December 31,
(in millions)	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	141	$	88	$	98
Right-of-use assets obtained in exchange for lease liabilities(1)	$	86	$	214	$	97

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(1)     These represent noncash activities and were therefore not included on our Consolidated Statements of Cash Flows.

Summary of Operating Lease Aggregate Future Lease Payments

The following table summarizes a maturity analysis of our operating lease liabilities showing the aggregate lease payments as of December 31, 2024:

(in millions)	Amount
2025	$	132
2026	109
2027	88
2028	77
2029	64
Thereafter	228
Total undiscounted lease payments	698
Less: imputed interest	87
Total discounted lease payments	$	611