Accrued Liabilities and Other Long-Term Liabilities (Tables)

6 Months Ended

Jun. 30, 2026

Accrued liabilities consist of the following:


	June 30, 2026		December 31, 2025

	(In millions)
Environmental credit obligations	$	521	$	64
Wage and other employee-related liabilities	166		88
Financing arrangements - precious metals	95		94
Accrued interest expense	64		65
Accrued taxes other than income	34		27
Environmental liabilities (1)	24		22
Financing lease liabilities	14		14
Commodity and foreign currency derivatives	5		11
Other	97		108
Total accrued liabilities	$	1,020	$	493

Schedule of Other Long-Term Liabilities

Other long-term liabilities consist of the following:


	June 30, 2026		December 31, 2025

	(In millions)
Environmental liabilities (1)	$	186	$	167
Financing lease liabilities	71		75
Asset retirement obligations	68		68
Other	146		168
Total other long-term liabilities	$	471	$	478

(1)Environmental liability accruals include remediation and monitoring costs expected to be incurred over an extended period of time. Environmental liabilities are recorded when a loss is considered probable and can be reasonably estimated, and may be adjusted as additional information becomes available. Environmental remediation expenses were $23 million and $3 million for the three months ended June 30, 2026 and 2025, respectively, and $27 million and $2 million for the six months ended June 30, 2026 and 2025, respectively.