v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following as of the dates indicated:

December 31,
20252024
(In millions)
Derivative instruments
$28 $18 
Prepaid expenses
13 11 
Other
9 2 
Total prepaid expenses and other current assets
$50 $31 
Schedule of Accrued Liabilities
Accrued liabilities consist of the following as of the dates indicated:

December 31,
20252024
(In millions)
Interest payable$39 $10 
Ad valorem taxes payable34 20 
Acquisition adjustment accrual4 9 
2026 WTI Contingent Liability20 — 
Other10 4 
Total accrued liabilities$107 $43