v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components Of Lease Expense
The components of operating lease cost for the years ended December 31, 2025, 2024 and 2023 were as follows:
 
    
Year ended
December 31,
    
Year ended
December 31,
    
Year ended
December 31,
 
    
2025
    
2024
    
2023
 
    
(U.S. $ in millions)
    
(U.S. $ in millions)
    
(U.S. $ in millions)
 
Operating lease cost:
        
Fixed payments and variable payments that depend on an index or rate
     116        123        132  
Variable lease payments not included in the lease liability
     16        16        5  
Short-term lease cost
     4        3        3  
  
 
 
    
 
 
    
 
 
 
   $ 136      $ 142      $ 139  
  
 
 
    
 
 
    
 
 
 
Supplemental cash flow information related to leases
Supplemental cash flow information related to operating leases was as follows:
 
    
Year ended
December 31,
    
Year ended
December 31,
    
Year ended
December 31,
 
    
2025
    
2024
    
2023
 
    
(U.S. $ in millions)
    
(U.S. $ in millions)
    
(U.S. $ in millions)
 
Cash paid for amounts included in the measurement of lease liabilities:
        
Operating cash flows from operating leases
   $ 136      $ 143      $ 141  
Right-of-use
assets obtained in exchange for lease obligations
(non-cash):
        
Operating leases
   $ 65      $ 137      $ 121  
Supplemental Balance Sheet Information Related To Leases
Supplemental balance sheet information related to operating leases was as follows:
 
    
December 31,
    
December 31,
 
    
2025
    
2024
 
    
(U.S. $ in millions)
    
(U.S. $ in millions)
 
Operating leases:
     
Operating lease ROU assets
   $ 345      $ 367  
  
 
 
    
 
 
 
Other current liabilities
     94        87  
Operating lease liabilities
     288        296  
  
 
 
    
 
 
 
Total operating
lease
liabilities
   $ 382      $ 383  
  
 
 
    
 
 
 

 
    
December 31,
   
December 31,
 
    
2025
   
2024
 
Weighted average remaining lease term
    
Operating leases
     5.7 years       6.1 years  
Weighted average discount rate
    
Operating leases
     6.9     6.5
Maturities of lease liabilities
Maturities of operating lease liabilities were as follows:
 
 
  
December 31,
 
 
  
2025
 
 
  
(U.S. $ in millions)
 
2026
     116  
2027
     97  
2028
     71  
2029
     50  
2030 and thereafter
     105  
  
 
 
 
Total operating lease payments
   $ 439  
  
 
 
 
Less: imputed interest
     57  
  
 
 
 
Present value of lease liabilities
   $ 382