v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Components of Lease Expense
The following table summarizes the components of lease expense:
Year Ended December 31,
Dollars in millions202520242023
Operating lease cost$293 $290 $317 
Variable lease cost90 74 79 
Short-term lease cost18 23 20 
Sublease income(60)(35)(11)
Total operating lease expense$341 $352 $405 
Supplemental balance sheet information related to leases was as follows:
December 31,
20252024
Weighted average remaining lease term10 years9 years
Weighted average discount rate%%
Operating Lease Right-of-Use Assets and Liabilities
Operating lease right-of-use assets and liabilities were as follows:
December 31,
Dollars in millions20252024
Other non-current assets(a)
$1,582 $1,224 
Other current liabilities202 181 
Other non-current liabilities1,826 1,370 
Total liabilities(a)
$2,028 $1,551 
(a) Operating lease right-of-use assets and liabilities as of December 31, 2025 include the commencement of the San Diego lease for approximately $370 million.
Future Lease Payments for Non-Cancellable Operating Leases
Future lease payments for non-cancellable operating leases as of December 31, 2025 were as follows:
Dollars in millions
2026$271 
2027285 
2028266 
2029265 
2030238 
Thereafter1,245 
Total future lease payments2,569 
Less imputed interest(542)
Total lease liability$2,028