v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Supplemental Information Related to Operating Leases
The following table summarizes balance sheet and other information related to our operating leases:
December 31,
(in millions, except weighted average amounts)Classification20252024
Right-of-use assets, netOther long-term assets$532 $515 
Lease liabilities – current
Other current liabilities$102 $113 
Lease liabilities – noncurrent
Other long-term obligations$503 $498 
Weighted average remaining lease term8.1 years8.0 years
Weighted average discount rate3.53 %3.37 %
The following table summarizes cost and other activity related to our operating leases:
Year Ended December 31,
(in millions)202520242023
Operating lease cost, including variable lease and short-term lease cost$169 $163 $165 
Cash paid for amounts included in the measurement of lease liabilities$127 $141 $88 
Right-of-use assets obtained in exchange for lease liabilities(1)
$106 $86 $214 
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(1)     These represent noncash activities and were therefore not included on our Consolidated Statements of Cash Flows.
Summary of Operating Lease Aggregate Future Lease Payments
The following table is a maturity analysis of our operating lease liabilities as of December 31, 2025:
(in millions)Amount
2026$121 
202799 
202887 
202975 
203073 
Thereafter243 
Total undiscounted lease payments699 
Less: imputed interest94 
Total discounted lease payments$605