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LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Operating and finance leases
The Company recognized the following related to its leases in its Consolidated Balance Sheets:
Classification in Consolidated Balance SheetsDecember 31,
(in millions)20242023
Operating lease assetsOperating lease assets$559 $705 
Operating lease liabilities:
Current operating lease liabilities
Accrued expenses and other current liabilities$122 $152 
Non-current operating lease liabilitiesOperating lease liabilities483 599 
Total operating lease liabilities$605 $751 
Finance lease assetsProperty and equipment, net$35 $70 
Finance lease liabilities:
Current finance lease liabilities
Accrued expenses and other current liabilities$26 $34 
Non-current finance lease liabilitiesOther long-term liabilities7 34 
Total finance lease liabilities$33 $68 
Lease cost
The Company recognized the following costs related to its leases in its Consolidated Statements of Operations:
Year Ended December 31,
(in millions)Classification in Consolidated Statements of Operations202420232022
Finance lease cost Depreciation and amortization$37 $28 $9 
Operating lease costGeneral and administrative and Information technology174 180 160 
Variable lease cost
General and administrative and Information technology78 82 45 
Other
4 (4)(5)
Total lease cost
$293 $286 $209 
Lease maturities
As of December 31, 2024, the future lease payments for operating and finance leases are as follows:
(in millions)Operating LeasesFinance Leases
2025$142 $27 
202699 7 
202780 — 
202860 — 
202950 — 
Thereafter291 — 
Total future lease payments722 34 
Less: Imputed interest(117)(1)
Total lease liabilities$605 $33 
Lease supplemental cash flow information
Supplemental cash flow information related to operating and finance leases is as follows:
Year Ended December 31,
(in millions)202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$184 $172 $175 
Financing cash flows from finance leases36 31 9 
Operating lease assets obtained in exchange for new operating lease liabilities75 200 392 
Finance lease assets obtained in exchange for new finance lease liabilities2 44 50 
Lease term and discount rate
At December 31, 2024 and 2023 the weighted-average lease term and discount rate for operating and finance leases are as follows:
December 31,
(in millions)20242023
Operating leases:
Weighted-average remaining lease term9.2 years8.7 years
Weighted-average discount rate3.9 %4.0 %
Finance leases:
Weighted-average remaining lease term1.2 years2.1 years
Weighted-average discount rate3.5 %3.1 %