v3.26.1
LEASES
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASES LEASES
The Company leases various real estate, including certain operating facilities, warehouses, office space and land. The Company also leases material handling equipment, vehicles and certain other equipment. The Company’s leases have remaining lease terms of up to 15 years. Total lease cost was $16 million and $15 million for the three months and $31 million and $30 million for the six months ended June 30, 2026 and 2025, respectively.
Supplemental Balance Sheet Information Related to Leases

In millions
Classification
June 30,
2026		December 31, 2025
Assets
Operating lease assets
Right of use assets$60 $48 
Finance lease assets
Plants, properties, and equipment, net (a)
19 20 
Total leased assets
$79 $68 
Liabilities
Current
Operating
Other current liabilities$21 $21 
Finance
Notes payable and current maturities of long-term debt3 3 
Noncurrent
Operating
Other Liabilities45 34 
Finance
Long-term debt11 12 
Total lease liabilities
$80 $70 

(a)Finance leases are recorded net of accumulated amortization of $22 million and $20 million as of June 30, 2026 and December 31, 2025, respectively.
LEASES LEASES
The Company leases various real estate, including certain operating facilities, warehouses, office space and land. The Company also leases material handling equipment, vehicles and certain other equipment. The Company’s leases have remaining lease terms of up to 15 years. Total lease cost was $16 million and $15 million for the three months and $31 million and $30 million for the six months ended June 30, 2026 and 2025, respectively.
Supplemental Balance Sheet Information Related to Leases

In millions
Classification
June 30,
2026		December 31, 2025
Assets
Operating lease assets
Right of use assets$60 $48 
Finance lease assets
Plants, properties, and equipment, net (a)
19 20 
Total leased assets
$79 $68 
Liabilities
Current
Operating
Other current liabilities$21 $21 
Finance
Notes payable and current maturities of long-term debt3 3 
Noncurrent
Operating
Other Liabilities45 34 
Finance
Long-term debt11 12 
Total lease liabilities
$80 $70 

(a)Finance leases are recorded net of accumulated amortization of $22 million and $20 million as of June 30, 2026 and December 31, 2025, respectively.