Related Party Agreements and Transactions (Tables)

3 Months Ended

Mar. 31, 2025

Assets and liabilities with related parties appearing in the Consolidated Balance Sheets are detailed in the table below. This table identifies the various components of related party assets and liabilities, including those associated with leases and deferred revenue.


(In millions)	March 31, 2025		December 31, 2024
Current assets - related parties
Receivables	$	664	$	620
Lease receivables	225		204
Prepaid	21		5
Other	—		1
Total	910		830
Noncurrent assets - related parties
Long-term lease receivables	635		677
Right of use assets	224		226
Unguaranteed residual asset	208		189
Long-term receivables	28		28
Total	1,095		1,120
Current liabilities - related parties
MPC Loan Agreement and other payables(1)	292		288
Deferred revenue	109		106
Operating lease liabilities	1		2
Total	402		396
Long-term liabilities - related parties
Long-term operating lease liabilities	222		224
Long-term deferred revenue	102		110
Total	$	324	$	334

(1) There were no borrowings outstanding on the MPC Loan Agreement as of March 31, 2025 or December 31, 2024.