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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Cost, Operating Lease Liabilities, Lease Term and Discount Rate
The components of lease cost, excluding the immaterial impact from sublease income, were as follows (in millions):

Year Ended December 31,
202220232024
Operating lease cost
$77 $58 $53 
Short-term lease cost
Variable lease cost
17 16 17 
Lease cost, net
$96 $80 $74 
Weighted-average lease term and discount rate were as follows:

December 31,
20232024
Weighted-average remaining lease term (years)5.37.2
Weighted-average discount rate7.2 %7.3 %
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities (excluding short-term leases) were as follows as of December 31, 2024 (in millions):

Year Ending December 31,
Amount(1)
2025$83 
202669 
2027— 
202832 
202943 
Thereafter181 
Total lease payments408 
Less: Imputed interest(109)
Present value of lease liabilities299 
Less: Current portion of lease liabilities(63)
Total long-term lease liabilities$236 

(1)Amounts are net of tenant improvement allowances.