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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of leases
The amounts recorded on the Consolidated Balance Sheets as of December 31, 2024 and 2023 related to our lease agreements are as follows (in millions):

December 31,
LeasesClassification20242023
Assets
Operating lease ROU assets, netOperating lease assets, net$1,388 $1,336 
Finance lease assets, netProperty, plant and equipment, net96 80 
Total leased assets$1,484 $1,416 
Liabilities
Current
OperatingCurrent portion of operating lease liabilities$237 $224 
FinanceCurrent portion of long-term obligations28 26 
Noncurrent
OperatingLong-term operating lease liabilities, excluding current portion1,207 1,163 
FinanceLong-term obligations, excluding current portion72 57 
Total lease liabilities$1,544 $1,470 
Lease, Cost
The components of lease expense are as follows (in millions):
Year Ended December 31,
Lease Cost202420232022
Operating lease cost$350 $305 $282 
Short-term lease cost19 20 16 
Variable lease cost135 113 96 
Finance lease cost
Amortization of leased assets25 19 12 
Interest on lease liabilities
Sublease income(5)(6)(5)
Net lease cost$529 $455 $403 
Schedule of Maturing of Lease Liabilities
The future lease commitments under our leases at December 31, 2024 are as follows (in millions):

Years Ending December 31,Operating leases
Finance leases (1)
Total
2025$333 $33 $366 
2026298 27 325 
2027253 19 272 
2028207 12 219 
2029160 166 
Thereafter587 27 614 
Future lease payments1,838 124 1,962 
Less: Interest394 24 418 
Present value of lease liabilities$1,444 $100 $1,544 
(1)     Amounts are included in the scheduled maturities of long-term obligations in Note 18, "Long-Term Obligations".
Schedule of Lease Term, Discount Rate, and Supplemental Cash Flow Information
Other information related to leases is as follows:

December 31,
Lease Term and Discount Rate20242023
Weighted-average remaining lease term (years)
Operating leases7.78.2
Finance leases7.26.7
Weighted-average discount rate
Operating leases5.92 %6.00 %
Finance leases5.06 %4.83 %

Year Ended December 31,
Supplemental cash flows information (in millions)202420232022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows from operating leases$328 $299 $284 
Financing cash outflows from finance leases28 19 14 
Leased assets obtained in exchange for finance lease liabilities49 49 15 
Leased assets obtained in exchange for operating lease liabilities384 310 159