v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense consist of the following (in millions):
Three Months Ended June 30,Six Months Ended June 30,
Classification2025202420252024
Operating lease cost(a)
Direct operating$46 $41 $84 $77 
Finance lease cost:
Amortization of ROU assetsDepreciation and amortization5 4 9 8 
Interest on lease liabilitiesInterest expense, net— — 1 1 
Sublease incomeEquipment rental revenue(19)(21)(34)(39)
Net lease cost$32 $24 $60 $47 
(a) Includes short-term leases of $14 million and $25 million for the three and six months ended June 30, 2025 respectively, and $18 million and $32 million for the three and six months ended June 30, 2024, respectively, and variable lease costs of $2 million and $4 million for the three and six months ended June 30, 2025, respectively, and $1 million and $2 million for the three and six months ended June 30, 2024, respectively.