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Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Weighted Average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and weighted-average discount rate related to our operating leases are as follows:

 

 

 

As of

 

 

June 30,

 

December 31,

 

 

2026

 

2025

Weighted-average remaining lease term (years)

 

 

7

 

 

 

 

8

 

 

Weighted-average discount rate

 

 

6.6

 

%

 

 

6.6

 

%

Supplemental Statement of Financial Position Information Related to Leases

Supplemental statement of financial position information related to our operating lease liabilities is as follows:

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

(In millions)

 

2026

 

 

2025

 

Other accrued liabilities

 

$

 

3

 

 

$

 

3

 

Operating lease liabilities

 

 

 

16

 

 

 

 

18

 

Total operating lease liabilities

 

$

 

19

 

 

$

 

20

 

Supplemental Cash Flow Related to Leases

Supplemental cash flow information related to our operating leases is as follows:

 

 

 

Six Months Ended

 

 

 

June 30,

 

(In millions)

 

2026

 

 

2025

 

Cash paid on operating lease liabilities(1)

 

$

 

1

 

 

$

 

2

 

 

(1)
Amount is presented net of cash provided from sublease income.
Maturities of Lease Liabilities

The following table presents the maturities of our operating lease liabilities as of June 30, 2026:

 

(In millions)

 

 

 

 

2026 (remainder)(1)

 

 

 

1

 

2027(1)

 

 

 

3

 

2028

 

 

 

3

 

2029

 

 

 

3

 

2030

 

 

 

3

 

Thereafter

 

 

 

10

 

Total future lease payments(1)

 

 

 

23

 

Less imputed interest

 

 

 

(5

)

Total operating lease liabilities(1)

 

$

 

18

 

 

(1)
Amount is presented net of future sublease income totaling $1 million, which relates to the remainder of the year ending December 31, 2026 and the year ending December 31, 2027.