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Commitments and Contingencies (Tables) | 6 Months Ended
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Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Location and Amounts of Leases | The following table provides information on the location and amounts of our leases on our consolidated balance sheets as of June 30, 2025 and December 31, 2024:
(in millions) |  | June 30, |  | December 31,
Balance Sheet Location |  | 2025 |  | 2024
Assets |  |  |  |
Right of use assets | Lease right of use assets | $ | 405 |  |  | $ | 413 |
Liabilities |  |  |  |
Other current liabilities | Current lease liabilities | 115 |  |  | 109 |
Lease liabilities — non-current | Non-current lease liabilities | 512 |  |  | 535 |
Schedule of Components of Lease Expense and Supplemental Cash Flow Information | The components of lease expense for the periods ended June 30 are as follows:
(in millions) | Three Months |  | Six Months
| 2025 |  | 2024 |  |  | 2025 |  | 2024 |
Operating lease cost | $ | 31 |  |  | $ | 32 |  |  |  | $ | 62 |  |  | $ | 66 |  |
Sublease income | (3) |  |  | (4) |  |  |  | (7) |  |  | (8) |  |
Total lease cost | $ | 28 |  |  | $ | 28 |  |  |  | $ | 55 |  |  | $ | 58 |  |
Supplemental information related to leases for the periods ended June 30 are as follows:
(in millions) |  | Three Months |  | Six Months
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Cash paid for amounts included in the measurement for operating lease liabilities |  |  |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 34 |  |  | $ | 34 |  |  | $ | 70 |  |  | $ | 69 |
Right of use assets obtained in exchange for lease obligations |  |  |  |  |  |  |  |
Operating leases |  | 2 |  |  | 31 |  |  | 21 |  |  | 42 |
Schedule of Lease Term and Discount Rate | Weighted-average remaining lease term and discount rate for our operating leases are as follows:
|  | June 30, |  | December 31,
|  | 2025 |  | 2024
Weighted-average remaining lease term (years) |  | 5.2 |  | 5.6
Weighted-average discount rate |  | 4.27 | % |  | 4.02 | %
Schedule of Maturities of Operating Lease Liabilities | Maturities of lease liabilities for our operating leases are as follows:
(in millions) |  |  |  |  |
2025 (Excluding the six months ended June 30, 2025) | $ | 69 |  |  |  |  |
2026 | 136 |  |  |  |  |
2027 | 127 |  |  |  |  |
2028 | 101 |  |  |  |  |
2029 | 83 |  |  |  |  |
2030 and beyond | 194 |  |  |  |  |
Total undiscounted lease payments | $ | 710 |  |  |  |  |
Less: Imputed interest | 83 |  |  |  |  |
Present value of lease liabilities | $ | 627 |  |  |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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