v3.25.4

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Summary of Major Classes of Property and Equipment

Property and equipment are stated at cost and are depreciated using the straight-line method over the shorter of the asset’s estimated useful life or the lease term, if related to leased property, as follows:

Buildings and leasehold improvements			3			-			40 years
Equipment			3			-			10 years
Furniture and fixtures			5			-			10 years
Transportation equipment			3			-			20 years

The major classes of property and equipment were as follows:

						December 31,
(in millions)						2025						2024
Land, buildings and leasehold improvements						$	385					$	367
Equipment						903						840
Transportation equipment						88						85
Furniture and fixtures						62						62
Property and equipment, gross						1,438						1,354
Less accumulated depreciation						(905)						(819)
Property and equipment, net						$	533					$	535

Schedule of Property and Equipment Depreciation Expense

Property and equipment depreciation expense was as follows:

						Year Ended December 31,
(in millions)						2025						2024						2023
Depreciation expense						$	160					$	149					$	151

X

- Definition

Schedule of property and equipment depreciation expense.

+ References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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