XML 80 R46.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Components of lease expense
The following table shows the components of lease cost included in the Consolidated Statement of Operations:
Year Ended December 31,202420232022
(Dollars in millions)
Operating lease cost$213 $207 $206 
Variable lease cost14 13 12 
Total$227 $220 $218 
Supplemental cash flow information related to leases
The following table shows supplemental cash flow information related to lease activities:
Year Ended December 31,202420232022
(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities: 
Operating cash flows from operating leases$224 $213 $204 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$178 $168 $125 
Schedule of weighted average remaining lease term and weighted average discount rate related to leases
The table below shows a weighted-average analysis for lease terms and discount rates for operating leases:
December 31,20242023
Weighted Average Remaining Lease Term13 years12 years
Weighted Average Discount Rate4.7 %4.3 %
Maturities of lease liabilities
The maturities of lease liabilities are as follows:
 Operating Leases
(Dollars in millions)
2025$195 
2026168 
2027143 
2028121 
202991 
Thereafter720 
Total lease payments1
$1,438 
Less: Imputed interest418 
Present value of lease liabilities$1,020 
1    Lease payments exclude $27 million of legally binding lease payments for leases signed but not yet commenced.
Lease income
The following table shows the components of lease income which are included in Service revenues in the Consolidated Statement of Operations:
Year Ended December 31,202420232022
(Dollars in millions)
Operating lease income$121 $127 $120 
Maturities of expected lease revenues
The maturities of expected lease payments to be received are as follows:
 Operating Leases
(Dollars in millions)
2025$89 
202679 
202761 
202847 
202927 
Thereafter19 
Total future lease maturities$322