Leases (Tables)

12 Months Ended

Dec. 31, 2024

The components of operating lease cost for the years ended December 31, 2024, 2023 and 2022 were as follows:


	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2024		2023		2022
	(U.S. $ in millions)		(U.S. $ in millions)		(U.S. $ in millions)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate		123		132		142
Variable lease payments not included in the lease liability		16		5		4
Short-term lease cost		3		3		2

	$	142	$	139	$	148

Supplemental cash flow information related to operating leases was as follows:


	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2024		2023		2022
	(U.S. $ in millions)		(U.S. $ in millions)		(U.S. $ in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	143	$	141	$	140
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases	$	137	$	121	$	81

Supplemental balance sheet information related to operating leases was as follows:


	December 31,		December 31,
	2024		2023
	(U.S. $ in millions)		(U.S. $ in millions)
Operating leases:
Operating lease ROU assets	$	367	$	397

Other current liabilities		87		97
Operating lease liabilities		296		320

Total operating lease liabilities	$	383	$	417


	December 31,			December 31,
	2024			2023
Weighted average remaining lease term
Operating leases		6.1 years			6.1 years
Weighted average discount rate
Operating leases		6.5	%		6.0	%

Maturities of operating lease liabilities were as follows:


	December 31,
	2024
	(U.S. $ in millions)
2025		120
2026		102
2027		81
2028		57
2029 and thereafter		135

Total operating lease payments	$	495

Less: imputed interest		112

Present value of lease liabilities	$	383