Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Property, equipment and right-of-use assets consisted of the following at December 31:


	2025		2024
	(in millions)
Buildings, building equipment and land	$	744	$	709
Equipment	2,347		2,118
Furniture and fixtures	105		101
Leasehold improvements	497		436
Operating lease right-of-use assets	1,366		1,167
Property, equipment and right-of-use assets	5,059		4,531
Less: Accumulated depreciation and amortization	(2,756)		(2,393)
Property, equipment and right-of-use assets, net	$	2,303	$	2,138

The useful lives of the Company’s assets are as follows:


Asset Category						Estimated Useful Life
Buildings						30 years
Building equipment						10 - 15 years
Equipment and furniture and fixtures						2 - 6 years
Leasehold improvements						Shorter of life of improvement or lease term
Right-of-use assets						Shorter of life of the asset or lease term