XML 38 R30.htm IDEA: XBRL DOCUMENT

Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Components of Lease Cost and Rent Expense

The components of lease cost and rent expense for the three and nine months ended September 30, 2024 and 2023 are as follows (in millions):


		Three Months Ended September 30,								Nine Months Ended September 30,
Lease Cost		2024				2023				2024				2023
Operating lease cost:
Operating lease cost		$	46			$	52			$	140			$	160
Short-term rent expense			21				22				67				66
Variable lease cost			7				6				20				18
Sublease income			(1	)			(1	)			(3	)			(4	)
Total operating lease cost		$	73			$	79			$	224			$	240
Finance lease cost:
Amortization of right-of-use assets		$	2			$	4			$	7			$	10
Interest on finance lease liabilities			3				3				10				10
Total finance lease cost		$	5			$	7			$	17			$	20

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows (in millions):


		Balance Sheet Classification		September 30, 2024				December 31, 2023
Operating Leases:
Operating lease right-of-use assets		Other assets, net		$	615			$	665

Finance Leases:
Finance lease right-of-use assets		Property and equipment
		Land and improvements		$	—			$	—
		Buildings and improvements			248				246
		Equipment and fixtures			9				10
		Property and equipment			257				256
		Less accumulated depreciation and amortization			(60	)			(55	)
		Property and equipment, net		$	197			$	201

Current finance lease liabilities		Current maturities of long-term debt		$	1			$	2
Long-term finance lease liabilities		Long-term debt			208				214

Supplemental Cash Flow and Other Information Related to Leases

Supplemental cash flow information related to leases for the nine months ended September 30, 2024 and 2023 is as follows (in millions):


		Nine Months Ended September 30,
Cash flow information		2024				2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (1)		$	136			$	153
Operating cash flows from finance leases			10				10
Financing cash flows from finance leases			2				3
Right-of-use assets obtained in exchange for new finance lease liabilities			3				—
Right-of-use assets obtained in exchange for new operating lease liabilities			54				64

(1)

Included in the change in other operating assets and liabilities in the condensed consolidated statements of cash flows.