v3.25.4
Financial Instruments and Fair Value Measurements - Schedule of Aggregate Principal and Fair Value Amount of Outstanding 2026 Senior Notes and Term Loan B Facility (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]        
Carrying value amount $ 819   $ 831  
Term Loan B Facility [Member]        
Debt Instrument [Line Items]        
Aggregate principal amount   $ 350    
Level 2 | 2026 Senior Notes        
Debt Instrument [Line Items]        
Aggregate principal amount     345  
Unamortized debt issuance costs     (2)  
Carrying value amount 344     $ 343
Fair value amount [1]     323  
Level 2 | Term Loan B Facility [Member]        
Debt Instrument [Line Items]        
Aggregate principal amount [2] 840   499  
Unamortized debt issuance costs [2] (12)   (6)  
Carrying value amount [2] 828     $ 493
Fair value amount [1],[2] 821   $ 504  
Level 2 | 2025 Senior Notes        
Debt Instrument [Line Items]        
Aggregate principal amount 345      
Unamortized debt issuance costs (1)      
Carrying value amount [1] $ 340      
[1] We estimate the fair value of the 2026 Senior Notes and Term Loan B Facility based on recently reported market transactions and/or prices for identical or similar financial instruments obtained from a third-party pricing source.
[2] During the first quarter of 2025, the Company increased its existing Term Loan B Facility borrowings in the amount of $350 million. Refer to “Note 8: Debt” for further information.