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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lease, Cost
The components of lease cost included in net income were as follows, in millions:
Year Ended December 31,
 202420232022
Operating lease cost$64 $61 $56 
Short-term lease cost10 10 
Variable lease cost
Finance lease cost:
Amortization of right-of-use assets
Interest on lease liabilities
Schedule of Supplemental Cash Flow Information related to Leases
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 for operating leases$54 $50 $47 
Operating cash flows for finance leases
Financing cash flows for finance leases
 
ROU assets obtained in exchange for new lease obligations:
Operating leases (A)
34 41 126 
Finance leases— — — 
(A)Includes $6 million of ROU assets obtained in exchange for new lease obligations related to the acquisition of Sauna360 in 2023.
Lessee, Other Lease Information
Certain other information related to leases was as follows:
At December 31,
202420232022
Weighted-average remaining lease term:
Operating leases9 years10 years10 years
Finance leases7 years8 years9 years
 
Weighted-average discount rate:
Operating leases5.2 %5.2 %4.8 %
Finance leases3.2 %3.3 %3.3 %
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases was as follows, in millions:
At December 31,
20242023
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Property and equipment, net$— $16 $— $19 
Notes payable— — 
Accrued liabilities43 — 44 — 
Long-term debt— 14 — 17 
Finance Lease, Liability, Maturity
At December 31, 2024, future maturities of lease liabilities were as follows, in millions:
Operating LeasesFinance Leases
Year ending December 31,
2025$55 $
202650 
202738 
202831 
202926 
Thereafter142 
Total lease payments341 19 
Less: imputed interest(75)(2)
Total$266 $17 
Operating Lease, Liability, Maturity
At December 31, 2024, future maturities of lease liabilities were as follows, in millions:
Operating LeasesFinance Leases
Year ending December 31,
2025$55 $
202650 
202738 
202831 
202926 
Thereafter142 
Total lease payments341 19 
Less: imputed interest(75)(2)
Total$266 $17