Leases and Other Commitments

3 Months Ended

Mar. 31, 2026

Our total operating lease expense for the three months ended March 31, 2026 and 2025 was $7 million and $6 million, respectively. The total amount of variable and short-term lease payments was immaterial for all periods presented.

Supplemental balance sheet and cash flow information related to operating leases is as follows:


	As of
	March 31, 2026			December 31, 2025
Operating lease right-of-use assets	$	42		$	43
Accrued liabilities	18			18
Operating lease liabilities	28			29
Total operating lease liabilities	$	46		$	47


Weighted average remaining lease term, years	3			3
Weighted average discount rate	7		%	6		%


	Three Months Ended March 31,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	6	$	5
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	$	4	$	—

Lease liability maturities:


	Remainder of 2026		2027		2028		2029		2030		Thereafter		Less Imputed Interest		Total
Operating leases	$	17	$	15	$	10	$	4	$	2	$	3	$	(5)	$	46

As of March 31, 2026, we did not have material additional operating leases that have not yet commenced.