v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Lease, Cost [Table Text Block]
The table below presents information related to the lease costs for finance and operating leases (in millions):
Three Months Ended
March 31,
20262025
Operating lease cost$5 $5 
Short-term lease cost$4 $4 
Finance lease cost:
Amortization of right-of-use assets$3 $3 
Total finance lease cost$3 $3 
Leases, Assets and Liabilities [Table Text Block]
The table below presents the lease-related assets and liabilities recorded on the Condensed Consolidated Balance Sheets:
Balance Sheet ClassificationMarch 31,
2026		December 31, 2025
Operating leases (in millions):
Operating lease right-of-use assetsOther assets$85 $85 
Operating lease liabilitiesAccrued expenses and other liabilities$135 $136 
Finance leases (in millions):
Finance lease assets (a)
Property and equipment, net$17 $19 
Finance lease liabilitiesDebt$18 $18 
Weighted average remaining lease term:
Operating leases9.4 years9.6 years
Finance leases2.4 years2.4 years
Weighted average discount rate:
Operating leases (b)
6.3 %6.3 %
Finance leases6.0 %6.1 %
(a)Presented net of accumulated depreciation.
(b)Upon adoption of the lease standard, discount rates used for existing leases were established at January 1, 2019.
Leases, Cash Flow Presentation [Table Text Block]
The table below presents supplemental cash flow information related to leases (in millions):
Three Months Ended
March 31,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$7 $8 
Financing cash outflows from finance leases$3 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$2 $9 
Finance leases$1 $1 
Leases, Liability Maturity [Table Text Block]
The table below presents maturities of lease liabilities as of March 31, 2026 (in millions):
Operating LeasesFinance
Leases
Nine months ending December 31, 2026$20 $7 
202725 7 
202822 4 
202920 1 
203013 — 
Thereafter84 — 
Total minimum lease payments184 19 
Amount of lease payments representing interest(49)(1)
Present value of future minimum lease payments$135 $18