LEASES
We have operating leases primarily for real estate, manufacturing and other equipment, aircraft and vehicles.
Balance sheet information related to operating leases is as follows (in millions):
| | | | | | | | |
| December 31, | 2025 | 2024 |
Operating lease ROU assets1 | $ | 1,697 | | $ | 1,182 | |
Current portion of operating lease liabilities2 | $ | 321 | | $ | 290 | |
Noncurrent portion of operating lease liabilities3 | 1,401 | | 923 | |
| Total operating lease liabilities | $ | 1,722 | | $ | 1,213 | |
1 Operating lease ROU assets are included in the line item other noncurrent assets in our consolidated balance sheets.
2 The current portion of operating lease liabilities is included in the line item accounts payable and accrued expenses in our consolidated balance sheets.
3 The noncurrent portion of operating lease liabilities is included in the line item other noncurrent liabilities in our consolidated balance sheets.
We had operating lease costs of $405 million, $362 million and $397 million for the years ended December 31, 2025, 2024 and 2023, respectively. During 2025, 2024 and 2023, cash paid for amounts included in the measurement of operating lease liabilities was $404 million, $359 million and $389 million, respectively. Operating lease ROU assets obtained in exchange for operating lease obligations were $867 million, $313 million and $328 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Information associated with the measurement of our operating lease liabilities as of December 31, 2025 is as follows:
| | | | | |
| Weighted-average remaining lease term | 9 years |
| Weighted-average discount rate | 3.9 | % |
Our leases have remaining lease terms of up to 44 years, inclusive of renewal or termination options that we are reasonably certain to exercise.
The following table summarizes the maturities of our operating lease liabilities as of December 31, 2025 (in millions):
| | | | | |
| Maturities of Operating Lease Liabilities |
| 2026 | $ | 381 | |
| 2027 | 317 | |
| 2028 | 259 | |
| 2029 | 213 | |
| 2030 | 170 | |
| Thereafter | 679 | |
| Total operating lease payments | 2,019 | |
| Less: Imputed interest | 297 | |
| Total operating lease liabilities | $ | 1,722 | |