v3.25.4
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt consists of the following:
December 31,
(Dollars in millions)20252024
2022 Term Loan A$191 $203 
Finance lease and other152 159 
Short-term borrowings related to factoring facilities (Note 4)5 4 
Total debt principal
348 366 
Less unamortized debt issuance costs and discounts(1)(1)
Total debt, net
347 365 
Less short-term borrowings and current portion of long-term debt(26)(25)
Total long-term debt
$321 $340 
Schedule of Maturities of Debt
Maturities of debt as of December 31, 2025 are as follows:
(Dollars in millions)
Year Ending December 31,
Total
2026$26 
2027189 
20288 
20298 
20309 
Thereafter108 
Total principal payments
$348