v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Balance Sheet Information Balance sheet information related to leases was as follows:
As of
As of
(In millions)
June 30, 2026
December 31, 2025
Operating lease right-of-use assets, net
$601
$615
Finance lease right-of-use assets, net
431
413
Total lease assets, net
$1,032
$1,028
Current portion of operating lease liabilities
$132
$136
Current portion of finance lease liabilities
120
114
Noncurrent portion of operating lease liabilities
497
500
Noncurrent portion of finance lease liabilities
338
321
Total lease liabilities
$1,087
$1,071
Schedule of Lease Cost The following table summarizes the components of lease expense recorded in the unaudited condensed
consolidated statements of operations:
For the three months
For the six months
ended June 30,
ended June 30,
(In millions)
2026
2025
2026
2025
Operating lease expense
$44
$49
$88
$90
Finance lease expense:
  Amortization of leased assets
34
19
65
44
  Interest on lease liabilities
5
5
11
9
Short term lease cost
16
15
30
27
Variable lease cost
1
2
1
Total lease expense
$100
$88
$196
$171