XML 61 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of right-of-use assets and right-of-use liabilities
Right-of-use assets and lease liabilities associated with the Company’s operating leases are included in the Consolidated Balance Sheets as of December 31, 2024 and 2023 as follows:
(in millions)20242023
Right-of-use assets included in:
Other non-current assets$211 $185 
Lease liabilities included in:
Accrued and other current liabilities$58 $61 
Other non-current liabilities165 148 
Total lease liabilities$223 $209 
Schedule of lease expenses
Lease expense for the years 2024, 2023 and 2022 include:
(in millions)202420232022
Operating lease costs$74 $65 $62 
Variable operating lease costs$21 $16 $15 
Schedule of other operating lease information
Other information related to operating leases for 2024, 2023 and 2022 is as follows:
(in millions)202420232022
Cash paid from operating cash flows for amounts included in the measurement of lease liabilities$85 $73 $70 
Right-of-use assets obtained in exchange for new operating lease liabilities$86 $27 $28 
Weighted-average remaining lease term6.2 years5.5 years6.4 years
Weighted-average discount rate7.9 %7.1 %6.5 %
Schedule of operating lease future payments
As of December 31, 2024, future payments under noncancelable operating leases for each of the five succeeding years ending December 31 and thereafter are as follows:
(in millions)
2025$74 
202653 
202744 
202831 
202916 
Thereafter65 
Total283 
Less: Imputed interest60 
Present value of remaining lease payments223 
Less: Current portion58 
Non-current portion$165