LEASES (Tables)

6 Months Ended

Jun. 30, 2026

The components of lease expense were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(In millions)
Operating lease expense	$	45	$	40	$	85	$	81
Finance lease expense - amortization of right-of-use (“ROU”) lease assets	4		4		8		8





Sublease income	(2)		(2)		(4)		(4)
Total lease expense, net	$	47	$	42	$	89	$	85

Supplemental cash flow information related to leases during the three and six months ended June 30, 2026 and 2025 were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	46	$	46	$	91	$	88

Financing cash flows from finance leases	$	4	$	4	$	6	$	6
ROU lease assets obtained in exchange for operating lease liabilities	$	154	$	—	$	149	$	5

Supplemental balance sheet information related to leases was as follows:


	June 30, 2026						December 31, 2025
	(In millions, except weighted-average figures)
	Operating leases			Finance leases			Operating leases			Finance leases
ROU lease assets	$	619		$	48		$	539		$	56
Current lease liabilities	142			5			148			7
Long-term lease liabilities	668			6			548			10
Total lease liabilities	$	810		$	11		$	696		$	17
Weighted-average remaining lease term	6.6 years			2.9 years			5.4 years			3.4 years
Weighted-average discount rate	5		%	5		%	4		%	5		%

Future minimum lease payments for our leases as of June 30, 2026 were as follows:

Future minimum lease payments for our leases as of June 30, 2026 were as follows: