v3.26.1
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions with Equity Method Investees
The following table presents the income and expenses from these arrangements with equity method investees in our condensed consolidated statements of operations (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
Nature of Transaction2026202520262025
Income (1)
$161 $36 $208 $104 
Expenses (2)
7 7 14 13 
(1)Primarily consists of revenues related to service arrangements as described above and also includes interest income earned on the AMER 2 Loan during the three months ended June 30, 2026 and 2025 of $9 million and $7 million, respectively, and during the six months ended June 30, 2026 and 2025 of $18 million and $14 million, respectively.
(2)Primarily consists of rent expenses for lease arrangements with equity method investees.
The following table presents the assets and liabilities from related party transactions with the equity method investees in our condensed consolidated balance sheets (in millions):
Balance SheetJune 30, 2026December 31, 2025
Accounts receivable, net$145 $35 
Other current assets (1)
197 58 
Property, plant and equipment, net (2)
310 306 
Operating lease right-of-use assets30 32 
Other assets (3)
437 350 
Other current liabilities30 17 
Finance lease liabilities299 287 
Operating lease liabilities27 29 
Other liabilities62 24 
(1)The balance primarily relates to contract assets and other receivables.
(2)The balance relates to finance lease right-of-use assets. As of both June 30, 2026 and December 31, 2025, the weighted-average lease term for the finance leases was approximately nine years.
(3)The balance primarily relates to contract assets and the AMER 2 Loan receivable.