v3.25.4

Share-based compensation (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Nonvested Restricted Stock Units Activity | The RSU activity during 2025 was as follows:
(In millions, except per share data, units in actual) | Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested as of December 31, 2024 | — |  | $—
Awards converted upon Spin-Off | 3,055 |  | 39.60
Granted | 118,632 |  | 48.79
Vested | — |  | —
Forfeited | — |  | —
Nonvested as of December 31, 2025 | 121,687 |  | $48.56
Share-Based Payment Arrangement, Performance Shares, Activity | The PSU activity during 2025 was as follows:
(In millions, except per share data, units in actual) | Number of Units (1) |  | Weighted Average Grant Date Fair Value
Nonvested as of December 31, 2024 | — |  | $—
Awards converted upon Spin-Off | 329,176 |  | 38.97
Granted | 656,544 |  | 54.77
Vested | (646) |  | 39.61
Forfeited | (14,035) |  | 41.99
Nonvested as of December 31, 2025 | 971,039 |  | $49.61
__________________ (1) PSU s are presented at target performance (100%), with the potential to earn stretch performance (200%).
Schedule Of Share-Based Payment Award, Performance Shares, Valuation Assumptions | The following assumptions were used in the Monte Carlo simulation model for PSUs granted during the year ended December 31, 2025:
|  | 2025
Expected volatility |  | 26.3% - 26.6%
Expected dividend yield |  | —%
Risk-free interest rates |  | 3.5% - 3.7%
Remaining performance period |  | 2.3 - 2.4 years
Share-Based Payment Arrangement, Option, Activity |
(In millions, except per share data, options in actual) | Number of Stock Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term |  | Aggregate Intrinsic Value
Outstanding as of December 31, 2024 | — |  | $— |  |  |  |
Awards converted upon Spin-off | 2,779,550 |  | 32.03 |  |  |  |
Exercised | — |  | — |  |  |  |
Forfeited | (67,749) |  | 34.02 |  |  |  |
Expired | — |  | — |  |  |  |
Outstanding as of December 31, 2025 | 2,711,801 |  | $31.98 |  | 6.1 |  | $59.90
Vested and expected to vest, December 31, 2025 | 2,711,801 |  | $31.98 |  | 6.1 |  | $59.90
Exercisable as of December 31, 2025 | — |  | $— |  |  |  | $—

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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