v3.25.4
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Location and Amounts of Leases
The following table provides information on the location and amounts of our leases on our consolidated balance sheets as of December 31, 2025 and 2024:
(in millions)20252024
Balance Sheet Location
Assets
Right of use assetsLease right-of-use assets$413 $413 
Liabilities
Other current liabilitiesCurrent lease liabilities 124 109 
Lease liabilities — non-currentNon-current lease liabilities494 535 
Schedule of Components of Lease Expense and Supplemental Cash Flow Information
The components of lease expense for the years ended December 31 are as follows: 
(in millions)202520242023
Operating lease cost$112 $129 $134 
Sublease income(14)(13)(16)
Total lease cost$98 $116 $118 

Supplemental information related to leases for the years ended December 31 are as follows:
(in millions)202520242023
Cash paid for amounts included in the measurement for operating lease liabilities
Operating cash flows for operating leases141 140 149 
Right of use assets obtained in exchange for lease obligations
Operating leases118 106 35 
Schedule of Weighted-Average Lease Terms and Discount Rates
Weighted-average remaining lease term and discount rate for our operating leases as of December 31 are as follows:
20252024
Weighted-average remaining lease term (years)5.35.6
Weighted-average discount rate 4.25 %4.02 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities for our operating leases are as follows:
(in millions)
2026$145 
2027133 
2028106 
202985 
203063 
2031 and beyond175 
Total undiscounted lease payments $707 
Less: Imputed interest89 
Present value of lease liabilities$618