XML 58 R36.htm IDEA: XBRL DOCUMENT v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease, Cost
The components of lease cost included in income before income taxes were as follows, in millions:
Year Ended December 31,
 202520242023
Operating lease cost$63 $64 $61 
Short-term lease cost10 
Variable lease cost
Finance lease cost:
Amortization of ROU 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,
 202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$60 $54 $50 
Operating cash flows for finance leases— 
Financing cash flows for finance leases
 
ROU assets obtained in exchange for new lease obligations:
Operating leases (A)
42 34 41 
(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,
202520242023
Weighted-average remaining lease term:
Operating leases9 years9 years10 years
Finance leases6 years7 years8 years
 
Weighted-average discount rate:
Operating leases5.3 %5.2 %5.2 %
Finance leases3.2 %3.2 %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,
20252024
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Property and equipment, net$— $13 $— $16 
Notes payable— — 
Accrued liabilities47 — 43 — 
Long-term debt— 12 — 14 
Finance Lease, Liability, Maturity
At December 31, 2025, future maturities of lease liabilities were as follows, in millions:
Operating LeasesFinance Leases
Year ending December 31,
2026$60 $
202750 
202841 
202934 
203028 
Thereafter124 
Total lease payments336 16 
Less: imputed interest(68)(2)
Total$268 $14 
Operating Lease, Liability, Maturity
At December 31, 2025, future maturities of lease liabilities were as follows, in millions:
Operating LeasesFinance Leases
Year ending December 31,
2026$60 $
202750 
202841 
202934 
203028 
Thereafter124 
Total lease payments336 16 
Less: imputed interest(68)(2)
Total$268 $14