v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense consist of the following (in millions):
Three Months Ended June 30,Six Months Ended June 30,
Classification2026202520262025
Operating lease cost(a)
Direct operating$54 $46 $108 $84 
Finance lease costs:
Amortization of ROU assetsDepreciation and amortization10 
Interest on lease liabilitiesInterest expense, net— 
Sublease incomeEquipment rental revenue(18)(19)(37)(34)
Net lease cost$42 $32 $83 $60 
(a) Includes short-term leases of $11 million and $22 million for the three and six months ended June 30, 2026, respectively, and $14 million and $25 million for the three and six months ended June 30, 2025, respectively; and includes variable lease costs of $4 million and $7 million for the three and six months ended June 30, 2026 and $2 million and $4 million for the three and six months ended June 30, 2025, respectively.