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LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The components of lease expense were as follows:
TABLE 10.1
Twelve Months Ended
December 31,
(in millions)202520242023
Operating lease cost$40 $41 $34 
Short-term lease cost1 — 
Variable lease cost6 
Finance lease cost4 
Total lease cost$51 $50 $42 
Schedule of Leases, Other Information
Other information related to leases is as follows:
TABLE 10.2
Twelve Months Ended
December 31,
(dollars in millions)20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$38 $34 
Operating cash flows from finance leases$1 $
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$19 $27 
Finance leases$ $10 
Weighted average remaining lease term (years):
Operating leases1011
Finance leases1718
Weighted average discount rate:
Operating leases4.0 %3.9 %
Finance leases3.6 %3.5 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Future cash flows of lease liabilities are as follows:
TABLE 10.3
(in millions)Operating LeasesFinance LeasesTotal Leases
December 31, 2025
0 - 12 months$36 $$38 
13 - 24 months33 36 
25 - 36 months29 32 
37 - 48 months27 30 
49 - 60 months25 28 
Later years144 34 178 
Total lease payments294 48 342 
Less: imputed interest(58)(12)(70)
Present value of lease liabilities$236 $36 $272 
Schedule of Finance Lease, Liability, Fiscal Year Maturity
Future cash flows of lease liabilities are as follows:
TABLE 10.3
(in millions)Operating LeasesFinance LeasesTotal Leases
December 31, 2025
0 - 12 months$36 $$38 
13 - 24 months33 36 
25 - 36 months29 32 
37 - 48 months27 30 
49 - 60 months25 28 
Later years144 34 178 
Total lease payments294 48 342 
Less: imputed interest(58)(12)(70)
Present value of lease liabilities$236 $36 $272