v3.25.4
Other Income (Expense), Net (Tables)
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Summary of Other Income (Expense), Net

Other income (expense), net, consists of the following for the periods presented:

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(in millions)

 

Foreign currency exchange gains (losses), net (1)

 

$

(9

)

 

$

(2

)

 

$

(5

)

Earnings (losses) from equity investment, net

 

 

(2

)

 

 

(2

)

 

 

(2

)

Gain (loss) on extinguishment of debt (2)

 

 

—

 

 

 

(2

)

 

 

—

 

Other, net

 

 

(1

)

 

 

(1

)

 

 

3

 

Total

 

$

(12

)

 

$

(7

)

 

$

(4

)

 

(1)
Foreign currency exchange gains (losses), net, are related to transactional gains and losses due to required conversion from transaction currency to functional currency, offset by any foreign currency forward contract gains and losses.
(2)
Refer to “Note 8: Debt” for information regarding an extinguishment loss incurred due to the redemption of the 2025 Senior Notes in 2024.