v3.25.4
DEBT (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Maturities of Long-Term Debt
Long-term debt consisted of the following as of the dates indicated:

December 31,
20252024
(In millions)
5.375% Senior Notes due 2027
$— $430 
4.900% Senior Notes due 2030
500 — 
7.375% Senior Notes due 2031
— 400 
5.700% Senior Notes due 2035
1,100 — 
Term Loan500 — 
Revolving credit facility105 261 
Unamortized debt issuance costs(15)(6)
Unamortized discount costs(4)(2)
Total long-term debt$2,186 $1,083 
Schedule of Interest Income and Interest Expense Disclosure
The following amounts have been incurred and charged to interest expense for the years ended December 31, 2025, 2024 and 2023:

Year Ended December 31,
202520242023
(In millions)
Interest expense$103 $74 $48 
Other fees and expenses3 2 1 
Less: interest income10 2 2 
Interest expense, net$96 $74 $47