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LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Components of Lease Cost
The components of lease expense for the years ended December 31, 2024, 2023 and 2022 were as follows (in millions):
202420232022
Operating lease costs$912 $860 $736 
Finance lease costs:
Amortization of assets$145 $119 $112 
Interest on lease liabilities23 18 14 
Total finance lease costs168 137 126 
Variable lease costs311 279 270 
Short-term lease costs1,079 1,166 1,499 
Total lease costs(1)
$2,470 $2,442 $2,631 
(1)    This table excludes sublease income for all periods presented as it was not material.
Supplemental cash flow information related to leases for the years ended December 31, 2024 and 2023 is as follows (in millions):
20242023
Cash paid for amounts included in measurement of obligations:
Operating cash flows from operating leases$877 $835 
Operating cash flows from finance leases20 17 
Financing cash flows from finance leases136 126 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$740 $1,278 
Finance leases120 209 
Supplemental Balance Sheet
Supplemental information related to leases and location within our consolidated balance sheets as of December 31, 2024 and 2023 are as follows (in millions, except lease term and discount rate):
20242023
Operating Leases:
Operating lease right-of-use assets$4,149 $4,308 
Current maturities of operating leases$733 $709 
Non-current operating leases3,635 3,756 
Total operating lease obligations$4,368 $4,465 
Finance Leases:
Property, plant and equipment, net$657 $856 
Current maturities of long-term debt, commercial paper and finance leases$104 $104 
Long-term debt and finance leases351 368 
Total finance lease obligations$455 $472 
Weighted average remaining lease term (in years):
Operating leases10.410.8
Finance leases11.17.4
Weighted average discount rate:
Operating leases3.50 %3.20 %
Finance leases3.84 %3.88 %
Finance Leases Maturity Schedule
Future payments for lease obligations as of December 31, 2024 are as follows (in millions):
Finance LeasesOperating Leases
2025$115 $847 
202687 765 
202755 659 
202847 504 
202938 388 
Thereafter207 2,049 
Total lease payments549 5,212 
Less: Imputed interest(94)(844)
Total lease obligations455 4,368 
Less: Current obligations(104)(733)
Long-term lease obligations$351 $3,635 
Operating Leases Maturity Schedule
Future payments for lease obligations as of December 31, 2024 are as follows (in millions):
Finance LeasesOperating Leases
2025$115 $847 
202687 765 
202755 659 
202847 504 
202938 388 
Thereafter207 2,049 
Total lease payments549 5,212 
Less: Imputed interest(94)(844)
Total lease obligations455 4,368 
Less: Current obligations(104)(733)
Long-term lease obligations$351 $3,635