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Leases | 3 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
Leases | Leases We are the lessee in contracts for our office space tenancies, for leased vehicles, for office space in our flexible workspace solutions business, and for leases of land in our global development business. As it relates to service arrangements, we monitor these types of contracts to evaluate whether they meet the definition of a lease. Supplemental balance sheet information related to our leases is as follows (dollars in millions):
Category |  | Classification |  | March 31, 2025 |  | December 31, 2024
Assets |  |  |  |  |  |
Operating (1) |  | Operating lease assets |  | $ | 1,881 |  |  | $ | 1,198 |
Financing |  | Other assets, net |  | 276 |  |  | 260 |
Total leased assets |  |  |  | $ | 2,157 |  |  | $ | 1,458 |
Liabilities |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating (2) |  | Operating lease liabilities |  | $ | 274 |  |  | $ | 200 |
Financing |  | Other current liabilities |  | 47 |  |  | 43 |
Non-current: |  |  |  |  |  |
Operating (2) |  | Non-current operating lease liabilities |  | 1,940 |  |  | 1,307 |
Financing |  | Other liabilities |  | 132 |  |  | 122 |
Total lease liabilities |  |  |  | $ | 2,393 |  |  | $ | 1,672 |
________________________________________________________________________________________________________________________________________ (1)Operating lease assets as of March 31, 2025 includes operating lease assets acquired from Industrious. (2)Current and non-current operating lease liabilities as of March 31, 2025 include operating lease liabilities acquired from Industrious. Supplemental cash flow information and non-cash activity related to our operating and financing leases are as follows (dollars in millions):
| Three Months Ended March 31,
| 2025 |  | 2024
Right-of-use assets obtained in exchange for new operating lease liabilities (1) | $ | 725 |  |  | $ | 27 |
Right-of-use assets obtained in exchange for new financing lease liabilities | 24 |  |  | 16 |
Other non-cash (decreases) increases in operating lease right-of-use assets (2) | (3) |  |  | 2 |
Other non-cash decreases in financing lease right-of-use assets (2) | (3) |  |  | (2) |
________________________________________________________________________________________________________________________________________ (1)Increase in right-of-use assets obtained in exchange for new operating lease liabilities for the three months ended March 31, 2025 primarily relates to Industrious acquisition. (2)The non-cash activity in the right-of-use assets resulted from lease modifications/remeasurements and terminations.
Leases | Leases We are the lessee in contracts for our office space tenancies, for leased vehicles, for office space in our flexible workspace solutions business, and for leases of land in our global development business. As it relates to service arrangements, we monitor these types of contracts to evaluate whether they meet the definition of a lease. Supplemental balance sheet information related to our leases is as follows (dollars in millions):
Category |  | Classification |  | March 31, 2025 |  | December 31, 2024
Assets |  |  |  |  |  |
Operating (1) |  | Operating lease assets |  | $ | 1,881 |  |  | $ | 1,198 |
Financing |  | Other assets, net |  | 276 |  |  | 260 |
Total leased assets |  |  |  | $ | 2,157 |  |  | $ | 1,458 |
Liabilities |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating (2) |  | Operating lease liabilities |  | $ | 274 |  |  | $ | 200 |
Financing |  | Other current liabilities |  | 47 |  |  | 43 |
Non-current: |  |  |  |  |  |
Operating (2) |  | Non-current operating lease liabilities |  | 1,940 |  |  | 1,307 |
Financing |  | Other liabilities |  | 132 |  |  | 122 |
Total lease liabilities |  |  |  | $ | 2,393 |  |  | $ | 1,672 |
________________________________________________________________________________________________________________________________________ (1)Operating lease assets as of March 31, 2025 includes operating lease assets acquired from Industrious. (2)Current and non-current operating lease liabilities as of March 31, 2025 include operating lease liabilities acquired from Industrious. Supplemental cash flow information and non-cash activity related to our operating and financing leases are as follows (dollars in millions):
| Three Months Ended March 31,
| 2025 |  | 2024
Right-of-use assets obtained in exchange for new operating lease liabilities (1) | $ | 725 |  |  | $ | 27 |
Right-of-use assets obtained in exchange for new financing lease liabilities | 24 |  |  | 16 |
Other non-cash (decreases) increases in operating lease right-of-use assets (2) | (3) |  |  | 2 |
Other non-cash decreases in financing lease right-of-use assets (2) | (3) |  |  | (2) |
________________________________________________________________________________________________________________________________________ (1)Increase in right-of-use assets obtained in exchange for new operating lease liabilities for the three months ended March 31, 2025 primarily relates to Industrious acquisition. (2)The non-cash activity in the right-of-use assets resulted from lease modifications/remeasurements and terminations

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- References No definition available. + Details
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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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