v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Cost and Additional Information
The following table provides additional information about the Company’s property leases:
 
Three Months Ended
June 30,		Six Months Ended
 June 30,
(In millions, except weighted average data)
2026202520262025
Lease Cost:
Operating lease cost (a)
$88 $88 $178$174
Short-term lease cost1 1 23
Variable lease cost34 34 6866
Sublease income(6)(6)(12)(10)
Net lease cost$117 $117 $236$233
Other information:
Operating cash outflows from operating leases$204$199
ROU assets obtained in exchange for new operating lease liabilities
$131$42
Weighted average remaining lease term – real estate leases7.2 years7.4 years
Weighted average discount rate – real estate leases4.02 %3.75 %
(a)Excludes ROU asset impairment charges.
Schedule of Future Minimum Payments for Operating Leases
Future minimum lease payments for the Company’s operating leases at June 30, 2026 are as follows:
(In millions)Real Estate Leases
2026 (excludes payments through June 30, 2026)
$196 
2027376 
2028304 
2029255 
2030218 
2031193 
Subsequent years549 
Total future lease payments2,091 
Less: Imputed interest(270)
Total$1,821 
Current lease liabilities$327 
Long-term lease liabilities1,494 
Total lease liabilities$1,821 
Note: The above table excludes obligations for leases with original terms of 12 months or less which have not been recognized as a ROU asset or liability in the consolidated balance sheets.