Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Operating Leases

As a lessee, the consolidated financial statements include the following relating to operating leases:

(Dollars in millions)	2024			2023			2022
Statement of income
Operating lease costs	$	353		$	355		$	351
Variable lease costs	115			115			109
Statement of cash flows
Cash used in operating activities for payments of amounts included in the measurement of operating lease liabilities	$	327		$	410		$	289
Operating lease ROU assets obtained in exchange for new operating lease liabilities	262			234			430
Balance sheet
ROU assets - included in other assets	$	1,489		$	1,556
Operating lease liabilities - included in other accrued expenses	261			263
Operating lease liabilities - included in other long-term liabilities	1,239			1,244
Weighted average at end of year
Remaining operating lease term	8.6 years			9.2 years
Discount rate	4.6		%	4.0		%

Schedule of Future Payments of Operating Lease Liabilities

As of December 31, 2024, future payments of operating lease liabilities are as follows:

(In millions)
2025	$	320
2026	277
2027	235
2028	167
2029	136
2030 and thereafter	723
Total lease payments	1,858
Less: imputed interest	357
Total operating lease liability	$	1,501