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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Supplemental Balance Sheet Information Related to Leases | The following table presents supplemental balance sheet information related to our operating leases:
| As of December 31,
(in millions) | 2024 |  | 2023
Assets |  |  |
Operating lease right-of-use assets in Other long-term assets | $ | 449 |  |  | $ | 439 |
Liabilities |  |  |
Operating lease liabilities in Other current liabilities | 81 |  |  | 76 |
Operating lease liabilities in Other long-term liabilities | 401 |  |  | 390 |
Lease, Cost | The following table presents the weighted average remaining lease term and discount rate information related to our operating leases:
| As of December 31,
| 2024 |  | 2023
Weighted average remaining lease term | 9 years |  | 9 years
Weighted average discount rate | 3.9% |  | 4.5%
Supplemental Cash Flow Information Related to Leases | The following table presents supplemental cash flow information related to our operating leases:
| Year Ended December 31,
(in millions) | 2024 |  | 2023
Cash paid for amounts included in the measurement of operating lease liabilities |  |
Operating cash flows from operating leases | $ | 97 |  |  | $ | 93 |
Maturities of Lease Liabilities | The following table presents the maturities of our operating lease liabilities as of December 31, 2024 (in millions):
Fiscal year | Operating Leases (1)
2025 | $ | 94 |
2026 | 84 |
2027 | 64 |
2028 | 52 |
2029 | 43 |
Thereafter | 227 |
Total future minimum operating lease payments | 564 |
Less: imputed interest | 82 |
Present value of operating lease liabilities | $ | 482 |
(1) Excludes expected lease payments for lease terms that have not yet commenced.

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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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