Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost and Weighted-Average Lease Term and Discount Rate
The components of lease cost during the years ended December 31, 2025, 2024 and 2023, were as follows:
Years ended December 31,
2025 2024 2023
amounts in millions
Operating lease cost (1) $ 161  160  168 
(1)Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the financial statements.
The remaining weighted-average lease term and the weighted-average discount rate were as follows:
December 31,
2025 2024 2023
Weighted-average remaining lease term (years):
Operating leases 11.6 12.2 12.6
Weighted-average discount rate:
Operating leases 18.3  % 14.4  % 13.4  %
Schedule of Supplemental Balance Sheet and Cash Flow Information Related to Leases
Supplemental balance sheet information related to leases was as follows:
December 31,
2025 2024
amounts in millions
Operating leases:
Operating lease ROU assets $ 570  600
Current operating lease liabilities (1) $ 38  41
Operating lease liabilities 580 598
Total operating lease liabilities $ 618  639
_________________________________
(1)Included within the Other current liabilities line item on the consolidated balance sheets.

Supplemental cash flow information related to leases was as follows:
December 31,
2025 2024 2023
amounts in millions
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases $ 123  116  126 
ROU assets obtained in exchange for lease obligations:
Operating leases $ 10  25  163 
Summary of Future Lease Payments Under Operating Lease
Future lease payments under operating leases with initial terms of one year or more at December 31, 2025 consisted of the following:
Operating Leases
amounts in millions
2026 $ 119 
2027 116 
2028 114 
2029 111 
2030 113 
Thereafter 759 
Total lease payments $ 1,332 
Less: imputed interest (714)
Total lease liabilities $ 618