v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Cost and Supplemental Cash Flow Information
The following table presents components of lease costs recognized in the condensed consolidated statements of operations:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)
2026202520262025
Operating lease costs$53 $29 $97 $29 
Finance lease costs:
Amortization of right-of-use assets14 8 27 8 
Interest on lease obligations3 2 6 2 
Variable lease costs7 3 12 3 
Total lease costs$77 $42 $142 $42 
The following table presents supplemental cash flow information related to the Company’s leases:
Six Months Ended June 30,
(in millions)
20262025
Cash paid for amounts included in measurement of lease obligations:
Operating cash outflows from operating leases$92 $26 
Operating cash outflows from finance leases$6 $2 
Financing cash outflows from finance leases$26 $7 
Right-of-use assets obtained in exchange for new finance lease liabilities$10 $9 
Right-of-use assets obtained in exchange for new operating lease liabilities$11 $12 
Schedule of Maturity of Operating Lease Liabilities
The following table summarizes future lease payments for each of the next five years ending December 31 and thereafter:
(in millions)
Operating LeasesFinance Leases
2026 (July - December)$86 $33 
2027191 59 
2028167 48 
2029142 35 
2030117 22 
Thereafter299 9 
Total future lease payments1,002 206 
Imputed interest(188)(23)
Total lease liabilities$814 $183 
Schedule of Maturity of Finance Lease Liabilities
The following table summarizes future lease payments for each of the next five years ending December 31 and thereafter:
(in millions)
Operating LeasesFinance Leases
2026 (July - December)$86 $33 
2027191 59 
2028167 48 
2029142 35 
2030117 22 
Thereafter299 9 
Total future lease payments1,002 206 
Imputed interest(188)(23)
Total lease liabilities$814 $183