v3.26.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease Cost and Additional Information
The following table provides additional information about the Company’s property leases:
 
Three Months Ended
September 30,		Nine Months Ended
 September 30,
(In millions, except weighted average data)
2026202520262025
Lease Cost:
Operating lease cost (a)
$88 $88 $266$262
Short-term lease cost1 1 34
Variable lease cost37 35 105101
Sublease income(6)(6)(18)(16)
Net lease cost$120 $118 $356$351
Other information:
Operating cash outflows from operating leases$304$300
ROU assets obtained in exchange for new operating lease liabilities
$187$94
Weighted average remaining lease term – real estate leases7.3 years7.3 years
Weighted average discount rate – real estate leases4.05 %3.79 %
(a)Excludes ROU asset impairment charges.
Schedule of Future Minimum Payments for Operating Leases
Future minimum lease payments for the Company’s operating leases at September 30, 2026 are as follows:
(In millions)Real Estate Leases
2026 (excludes payments through September 30, 2026)
$99 
2027383 
2028310 
2029262 
2030225 
2031200 
Subsequent years593 
Total future lease payments2,072 
Less: Imputed interest(273)
Total$1,799 
Current lease liabilities$324 
Long-term lease liabilities1,475 
Total lease liabilities$1,799 
Note: The above table excludes obligations for leases with original terms of 12 months or less which have not been recognized as a ROU asset or liability in the consolidated balance sheets.