Leases (Tables)

6 Months Ended

Jun. 30, 2026

Leases [Abstract]

Components of Lease Cost and Rent Expense

The components of lease cost and rent expense for the three and six months ended June 30, 2026 and 2025 are as follows (in millions):


		Three Months Ended June 30,								Six Months Ended June 30,
Lease Cost		2026				2025				2026				2025
Operating lease cost:
Operating lease cost		$	40			$	41			$	80			$	84
Short-term rent expense			14				23				33				43
Variable lease cost			9				11				20				17
Sublease income			—				(1	)			(1	)			(2	)
Total operating lease cost		$	63			$	74			$	132			$	142
Finance lease cost:
Amortization of right-of-use assets		$	2			$	3			$	4			$	5
Interest on finance lease liabilities			3				3				6				6
Total finance lease cost		$	5			$	6			$	10			$	11

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows (in millions):


		Balance Sheet Classification		June 30, 2026				December 31, 2025
Operating Leases:
Operating lease right-of-use assets		Other assets, net		$	591			$	617

Finance Leases:
Finance lease right-of-use assets		Property and equipment
		Land and improvements		$	—			$	—
		Buildings and improvements			223				237
		Equipment and fixtures			4				5
		Property and equipment			227				242
		Less: Accumulated depreciation and amortization			(72	)			(69	)
		Property and equipment, net		$	155			$	173

Current finance lease liabilities		Current maturities of long-term debt		$	4			$	2
Long-term finance lease liabilities		Long-term debt			185				201

Supplemental Cash Flow and Other Information Related to Leases

Supplemental cash flow information related to leases for the six months ended June 30, 2026 and 2025 is as follows (in millions):


		Six Months Ended June 30,
Cash flow information		2026				2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (1)		$	79			$	82
Operating cash flows from finance leases			6				6
Financing cash flows from finance leases			1				2
Right-of-use assets obtained in exchange for new finance lease liabilities			1				—
Right-of-use assets obtained in exchange for new operating lease liabilities			64				52

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(1)

Included in the change in other operating assets and liabilities in the condensed consolidated statements of cash flows.