v3.25.4
Sale of Receivables (Tables)
12 Months Ended
Dec. 31, 2025
Transfers and Servicing [Abstract]  
Schedule of Sale of Receivables
The table below summarizes the activity under the factoring facilities:
December 31,
(Dollars in millions)20252024
Beginning balance$130 $192 
Sales of receivables130 190 
Cash returned to purchasers(190)(252)
Outstanding balance sold to purchasers70 130 
Cash collected, not remitted to purchasers(1)
(1)— 
Remaining sold receivables $69 $130 
________________
(1)Represents cash collected on behalf of purchasers and not yet remitted. This balance is included within short-term borrowings and current portion of long-term debt in the Consolidated Balance Sheets.