Leases |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases | Leases The Company leases certain office facilities and warehouses under non-cancelable operating lease agreements that expire through 2035. Rent expense under operating leases was $28 million, $28 million, and $27 million in the twelve months ended December 31, 2025, 2024 and 2023, respectively. Operating lease right-of-use assets obtained in exchange for lease liabilities were $3 million, $16 million, and $6 million in the twelve months ended December 31, 2025, 2024 and 2023, respectively. As of December 31, 2025, the Company’s operating leases had a weighted average remaining lease term of 5.5 years and a weighted average discount rate of 7.5%. As of December 31, 2025, future maturities of lease liabilities were as follows (in millions):
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