v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of balances for operating and finance ROU assets and lease liabilities
The following table presents the balances for operating and finance ROU assets and lease liabilities:
LeasesBalance Sheet Classification
December 31, 2025
December 31, 2024
(in millions)
Assets
Operating lease assetsOther assets$223 $246 
Finance lease assetsOther assets— 8 
Total lease assets$223 $254 
Liabilities
Operating lease liabilitiesOther liabilities$276 $313 
Finance lease liabilitiesLong-term debt— 9 
Total lease liabilities$276 $322 
Schedule of components of lease cost
The following table presents the components of lease cost:
Years Ended December 31,
Lease CostIncome Statement Classification202520242023
(in millions)
Operating lease costGeneral and administrative expense$62 $61 $55 
Finance lease cost:
Amortization of ROU assetsGeneral and administrative expense8 10 10 
Interest on lease liabilitiesInterest and debt expense— 1 1 
Total lease cost$70 $72 $66 
Schedule of weighted average lease term and discount rate related to operating and finance leases
The following table presents the weighted-average lease term and weighted-average discount rate related to operating and finance leases:
December 31, 2025
December 31, 2024
Lease Term and Discount RateOperating LeasesFinance LeasesOperating Leases
Weighted-average remaining lease term (years)616
Weighted-average discount rate3.4 %3.4 %2.9 %
Schedule of supplemental cash flow Information
The following table presents supplemental cash flow information related to operating and finance leases:
Years Ended December 31,
Supplemental Cash Flow Information202520242023
(in millions)
Operating cash flows:
Cash paid for amounts included in measurement of operating lease liabilities$73 $69 $68 
Cash paid for amounts included in measurement of finance lease liabilities— 1 1 
Financing cash flows:
Cash paid for amounts included in measurement of finance lease liabilities$9 $11 $10 
Income taxes paid were as follows:
202520242023
(in millions)
Income taxes paid, net$885 $496 $1,036 
Federal716 366 885 
State and local
146 117 129 
Foreign23 13 22 
Schedule of maturities of liabilities of finance leases
The following table presents the maturities of lease liabilities:
Maturity of Lease LiabilitiesDecember 31, 2025
Operating Leases
(in millions)
2026$68 
202760 
202852 
202940 
203029 
Thereafter53 
Total lease payments302 
Less: interest
26 
Present value of lease liabilities$276 
Schedule of maturities of liabilities of operating leases
The following table presents the maturities of lease liabilities:
Maturity of Lease LiabilitiesDecember 31, 2025
Operating Leases
(in millions)
2026$68 
202760 
202852 
202940 
203029 
Thereafter53 
Total lease payments302 
Less: interest
26 
Present value of lease liabilities$276