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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense and Supplemental Information The Company’s leases were reflected in the Company’s consolidated balance sheets as follows (in millions).
December 31,
20242023
Operating LeasesLocation on Balance Sheet
Operating lease right-of-use assetsOther noncurrent assets$2,373 $3,074 
Operating lease liabilities (current)Accrued liabilities$307 $332 
Operating lease liabilities (noncurrent)Other noncurrent liabilities2,731 3,019 
Total operating lease liabilities$3,038 $3,351 
Finance Leases
Finance lease right-of-use assetsProperty and equipment, net$432 $249 
Finance lease liabilities (current)Accrued liabilities$107 $74 
Finance lease liabilities (noncurrent)Other noncurrent liabilities356 191 
Total finance lease liabilities$463 $265 
Supplemental information related to leases was as follows.
December 31,
20242023
Weighted average remaining lease term (in years):
Operating leases1111
Finance leases65
Weighted average discount rate
Operating leases4.43 %4.42 %
Finance leases5.11 %4.17 %
The components of lease cost were as follows (in millions):
Year Ended December 31,
202420232022
Operating lease cost$441 $540 $372 
Finance lease cost:
Amortization of right-of-use assets$111 $85 $78 
Interest on lease liabilities19 
Total finance lease cost$130 $93 $86 
Variable fees and other(a)
$44 $74 $66 
Total lease cost $615 $707 $524 
(a) Includes variable lease payments related to our operating and finance leases and costs of leases with initial terms of less than one year.
Supplemental cash flow information related to leases was as follows (in millions):
Year Ended December 31,
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$(476)$(501)$(360)
Operating cash flows from finance leases$(19)$(19)$(15)
Financing cash flows from finance leases$(95)$(74)$(70)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$78 $364 $490 
Finance leases$300 $95 $39 
Schedule of Maturities of Finance Lease Liabilities
Maturities of lease liabilities as of December 31, 2024 were as follows (in millions):
Operating LeasesFinance Leases
2025$432 $130 
2026377 112 
2027349 91 
2028338 57 
2029334 30 
Thereafter2,072 115 
Total lease payments3,902 535 
Less: Imputed interest(864)(72)
Total$3,038 $463 
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of December 31, 2024 were as follows (in millions):
Operating LeasesFinance Leases
2025$432 $130 
2026377 112 
2027349 91 
2028338 57 
2029334 30 
Thereafter2,072 115 
Total lease payments3,902 535 
Less: Imputed interest(864)(72)
Total$3,038 $463