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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Useful lives of Company's assets
Property, equipment and right-of-use assets consisted of the following at December 31:
20242023
(in millions)
Buildings, building equipment and land$709 $678 
Equipment2,118 1,940 
Furniture and fixtures101 90 
Leasehold improvements436 398 
Operating lease right-of-use assets1,167 1,192 
Property, equipment and right-of-use assets4,531 4,298 
Less: Accumulated depreciation and amortization(2,393)(2,237)
Property, equipment and right-of-use assets, net$2,138 $2,061 
The useful lives of the Company’s assets are as follows:
Asset CategoryEstimated Useful Life
Buildings30 years
Building equipment
10 - 15 years
Equipment and furniture and fixtures
3 - 5 years
Leasehold improvementsShorter of life of improvement or lease term
Right-of-use assetsShorter of life of the asset or lease term