LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Lease Cost — The components of lease cost consisted of the following for the years ended December 31, 2025, 2024 and 2023:


($ in millions)	2025		2024		2023
Operating lease cost	$	167	$	155	$	140
Short term lease cost	21		15		13
Sublease income	(4)		(4)		(1)
Total lease cost	$	184	$	166	$	152

Lease Term and Discount Rate — The weighted-average remaining lease term (in years) and discount rate related to the operating leases consisted of the following as of December 31, 2025:


	Year ended December 31,
	2025
Weighted-average remaining lease term (years)	5.58
Weighted-average discount rate	5.14	%

Other Information — Supplemental cash flow and other information for the years ended December 31, 2025, 2024 and 2023 related to operating leases was as follows:


	For the year ended December 31,
($ in millions)	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	167	$	174	$	133
Right-of-use assets obtained in exchange for new operating lease liabilities	$	94	$	155	$	73

Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity

Maturity of Lease Liabilities — The present value of the Group’s operating leases consisted of the following as of December 31, 2025:


($ in millions)	Year Ending December 31
2026	$	173
2027	147
2028	116
2029	93
2030	64
Thereafter	137
Total undiscounted future cash flows	730
Less: imputed interest	(124)
Present value of undiscounted future cash flows	606
Operating lease liabilities – current	130
Operating lease liabilities – noncurrent	476
Total operating lease liabilities	$	606

Flutter Entertainment plc 10-K