v3.25.4

LEASE COMMITMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Leases [Abstract] |
Lease cost | Operating lease cost consists of the following (in millions):
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
Operating lease cost | $ | 41 |  |  | $ | 38 |  |  | $ | 38 |
Variable lease cost | 8 |  |  | 6 |  |  | 5 |
Short-term lease cost | 5 |  |  | 8 |  |  | 6 |
Total operating lease costs | $ | 54 |  |  | $ | 52 |  |  | $ | 49 |
Supplemental cash flow and other information related to operating leases (in millions):
| December 31,
| 2025 |  | 2024
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 49 |  |  | $ | 41 |
Operating right-of-use assets obtained in exchange for operating lease liabilities | $ | 23 |  |  | $ | 29 |
Supplemental balance sheet information related to leases | Supplemental balance sheet information related to leases (in millions, except lease term and discount rate):
| December 31,
| 2025 |  | 2024
Operating lease right-of-use assets included within Other assets | $ | 126 |  |  | $ | 136 |
Current maturities of operating leases included within Other current liabilities | $ | 33 |  |  | $ | 31 |
Non-current operating leases included within Other non-current liabilities | 96 |  |  | 103 |
Total operating lease liabilities | $ | 129 |  |  | $ | 134 |
Weighted average discount rate for operating leases | 5.84 | % |  | 5.80 | %
Weighted average remaining operating lease term in years | 5 |  | 5
Maturities of operating lease liabilities | Maturities of operating lease liabilities (in millions):
2026 | $ | 39 |  |  |
2027 | 33 |  |  |
2028 | 29 |  |  |
2029 | 19 |  |  |
2030 | 9 |  |  |
Thereafter | 21 |  |  |
Total undiscounted operating lease payments | 150 |  |  |
Less: Imputed interest | (21) |  |  |
Total operating lease liabilities | 129 |  |  |
Less: Current maturities of operating lease liabilities | (33) |  |  |
Non-current operating lease liabilities | $ | 96 |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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