Leases Lessee Disclosure (Tables)

12 Months Ended

Dec. 31, 2024

Supplemental balance sheet information related to the Company's leases was as follows:


		December 31,
Lease Type	Balance Sheet Classification	2024			2023
Assets:
Operating lease assets	Operating lease assets, net	$	331		$	380
Finance lease assets (a)	Property and equipment, net	21			29
Total lease assets, net		$	352		$	409
Liabilities:
Current:
Operating lease liabilities	Current portion of operating lease liabilities	$	105		$	113
Finance lease liabilities	Accrued expenses and other current liabilities	7			9
Non-current:
Operating lease liabilities	Long-term operating lease liabilities	284			333
Finance lease liabilities	Other non-current liabilities	8			12
Total lease liabilities		$	404		$	467

Weighted Average Lease Term and Discount Rate
Weighted average remaining lease term (years):
Operating leases		4.7			5.0
Finance leases		2.6			3.0

Weighted average discount rate:
Operating leases		4.9		%	4.6		%
Finance leases		5.2		%	4.8		%

_______________

(a)Finance lease assets are recorded net of accumulated amortization of $51 million and $52 million at December 31, 2024 and 2023, respectively.

As of December 31, 2024, maturities of lease liabilities by fiscal year were as follows:


Maturity of Lease Liabilities	Operating Leases		Finance Leases		Total
2025	$	119	$	7	$	126
2026	102		5		107
2027	75		3		78
2028	52		1		53
2029	37		—		37
Thereafter	52		—		52
Total lease payments	437		16		453
Less: Interest	48		1		49
Present value of lease liabilities	$	389	$	15	$	404

Supplemental income statement information related to the Company's leases is as follows:


	Year Ended December 31,
Lease Costs	2024		2023		2022
Operating lease costs	$	122	$	132	$	140
Finance lease costs:
Amortization of leased assets	11		12		12
Interest on lease liabilities	1		1		1
Other lease costs (a)	23		23		23
Impairment (b)	8		11		6
Less: Sublease income, gross	2		2		2
Net lease cost	$	163	$	177	$	180

_______________

(a)Primarily consists of variable lease costs.

(b)Impairment charges relate to the exit and sublease of certain real estate operating leases.

Supplemental cash flow information related to leases was as follows:


	Year Ended December 31,
	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	142	$	148	$	162
Operating cash flows from finance leases	1		1		1
Financing cash flows from finance leases	12		13		13

Supplemental non-cash information:
Lease assets obtained in exchange for lease obligations:
Operating leases	$	73	$	92	$	92
Finance leases	4		7		14