v3.25.4
Accounts Payable, Accrued Expenses and Other
12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Accounts payable, accrued expenses and other Accounts Payable, Accrued Expenses and Other
Accounts payable, accrued expenses and other were as follows:

December 31,
20252024
(in millions)
Accrued employee compensation and benefits$666 $637 
Accounts payable376 409 
Other current liabilities and accrued expenses(1)
1,294 1,078 
$2,336 $2,124 
____________
(1)Includes operating lease liabilities, insurance reserves, deposit liabilities related to hotel operations, promotional liabilities, contract acquisition costs payable and income taxes payable, as well as accrued expenses related to taxes, interest, advertising and other.