v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases  
Schedule of right-of-use assets and lease liabilities

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June 30, 

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December 31, 

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2026

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2025

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(in millions)

Operating Leases:

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Right-of-use assets (other assets)

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$

447

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$

476

Lease liabilities (accrued expenses and other liabilities)

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450

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484

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Financing Leases:

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Right-of-use assets (property, plant and equipment, net)

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77

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79

Lease liabilities (debt)

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86

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88

Schedule of operating lease term and discount rate

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Right-Of-Use

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Lease

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Discount

 

Operating Leases as of June 30, 2026

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Assets

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Liabilities

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Lease Term

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Rate

 

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(in millions)

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Energy

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$

66

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$

61

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4.9 years

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8.3%

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Automotive

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341

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353

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5.0 years

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5.9%

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Food Packaging

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18

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20

 

7.6 years

 

7.5%

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Other segments and Holding Company

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22

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16

 

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$

447

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$

450

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Right-Of-Use

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Lease

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Discount

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Operating Leases as of December 31, 2025

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Assets

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Liabilities

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Lease Term

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Rate

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(in millions)

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Energy

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$

69

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$

64

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5.1 years

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8.1%

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Automotive

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363

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380

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5.0 years

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5.9%

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Food Packaging

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20

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22

 

7.6 years

 

7.5%

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Other segments and Holding Company

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24

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18

 

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$

476

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$

484

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