Leading not Displaying Correctly
Leading is not displaying properly in either the Character panel or in the Properties panel. Instead of showing the correct leading, Illustrator is showing the Auto value.
Changing between the text, selection or direct selection tools does not solve the problem.
Jeremy Bolesky commented
This is happening occasionally in Illustrator v27.2. It doesn't happen in every file, but when I open a file that that has this bug, it will do it every time on the affected text, even after a reboot.
Philip, does it happen for all files for you, or the one specific only?
Does it stay if you relaunch Ai?