v3.26.3
LEASES (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease, Cost
The components of lease expense were as follows:
TABLE 7.1
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions)2026202520262025
Operating lease cost$11 $10 $32 $30 
Variable lease cost2 1 5 4 
Finance lease cost1 1 3 3 
Total lease cost$14 $12 $40 $37 
Schedule of Leases, Other Information
Other information related to leases is as follows:
TABLE 7.2
Nine Months Ended
September 30,
(dollars in millions)20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$29 $28 
Operating cash flows from finance leases$1 $1 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$20 $19 
Finance leases$4 $— 
Weighted average remaining lease term (years):
Operating leases1011
Finance leases1617
Weighted average discount rate:
Operating leases4.1 %4.0 %
Finance leases3.7 %3.6 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Future cash flows of lease liabilities are as follows:
TABLE 7.3
(in millions)Operating LeasesFinance LeasesTotal Leases
September 30, 2026
0 - 12 months$38 $3 $41 
13 - 24 months35 3 38 
25 - 36 months32 3 35 
37 - 48 months29 3 32 
49 - 60 months26 3 29 
Later years141 36 177 
Total lease payments301 51 352 
Less: imputed interest(56)(13)(69)
Present value of lease liabilities$245 $38 $283 
Schedule of Finance Lease, Liability, Fiscal Year Maturity
Future cash flows of lease liabilities are as follows:
TABLE 7.3
(in millions)Operating LeasesFinance LeasesTotal Leases
September 30, 2026
0 - 12 months$38 $3 $41 
13 - 24 months35 3 38 
25 - 36 months32 3 35 
37 - 48 months29 3 32 
49 - 60 months26 3 29 
Later years141 36 177 
Total lease payments301 51 352 
Less: imputed interest(56)(13)(69)
Present value of lease liabilities$245 $38 $283