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DERIVATIVES (Tables) | 6 Months Ended
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Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Classification and Fair Value of Derivative Instruments | The following table summarizes the classification and fair values of derivative instruments, including the potential effect of offsetting:
|  | June 30, 2026
(in millions) |  | Prepaid and other current assets |  | Other long-term assets |  | Total Derivative Assets |  | Other current liabilities |  | Other long-term liabilities |  | Total Derivative Liabilities
Foreign currency exchange contracts designated as hedges |  | $ | 59 |  |  | $ | 6 |  |  | $ | 66 |  |  | $ | 15 |  |  | $ | — |  |  | $ | 16 |
Foreign currency exchange contracts not designated as hedges |  | 16 |  |  | — |  |  | 16 |  |  | 2 |  |  | — |  |  | 2 |
Total derivatives presented gross on the Condensed Consolidated Balance Sheets |  |  |  |  |  | $ | 82 |  |  |  |  |  |  | $ | 18 |
Total derivatives not offset on the Condensed Consolidated Balance Sheets |  |  |  |  |  | (17) |  |  |  |  |  |  | (17) |
Net amount (legal offset) |  |  |  |  |  | $ | 65 |  |  |  |  |  |  | $ | 1 |
|  | December 31, 2025
(in millions) |  | Prepaid and other current assets |  | Other long-term assets |  | Total Derivative Assets |  | Other current liabilities |  | Other long-term liabilities |  | Total Derivative Liabilities
Foreign currency exchange contracts designated as hedges |  | $ | 18 |  |  | $ | 2 |  |  | $ | 20 |  |  | $ | 62 |  |  | $ | 3 |  |  | $ | 65 |
Foreign currency exchange contracts not designated as hedges |  | 36 |  |  | — |  |  | 36 |  |  | 7 |  |  | — |  |  | 7 |
Total derivatives presented gross on the Condensed Consolidated Balance Sheets |  |  |  |  |  | $ | 56 |  |  |  |  |  |  | $ | 72 |
Total derivatives not offset on the Condensed Consolidated Balance Sheets |  |  |  |  |  | (40) |  |  |  |  |  |  | (40) |
Net amount (legal offset) |  |  |  |  |  | $ | 16 |  |  |  |  |  |  | $ | 32 |
Summary of Effect of Derivative Contracts | The following table summarizes the effect of our derivative contracts on our Condensed Consolidated Financial Statements:
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(in millions) |  | 2026 |  | 2025 |  | 2026 |  | 2025
Derivatives designated as hedges: |  |  |  |  |  |  |  |
Net gain (loss) recognized in Accumulated other comprehensive income |  | $ | 19 |  |  | $ | (170) |  |  | $ | 64 |  |  | $ | (216) |
Net (loss) gain reclassified from Accumulated other comprehensive income into Product sales |  | $ | (18) |  |  | $ | 19 |  |  | $ | (42) |  |  | $ | 40 |
Derivatives not designated as hedges: |  |  |  |  |  |  |  |
Net (loss) gain recognized in Other (income) expense, net |  | $ | (2) |  |  | $ | (22) |  |  | $ | 1 |  |  | $ | (28) |

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