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Credit Facilities and Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Credit Facilities and Long-Term Debt
Total debt outstanding is summarized as follows:
(in millions)September 30,
2025		December 31,
2024
3.250% Senior Notes due 2026 (a)
$500 $500 
1.950% Senior Notes due 2028 (a)
500 500 
2.250% Senior Notes due 2031 (a)
500 500 
4.375% Senior Notes due 2046 (a)
400 400 
Equipment Financing due 2025 to 2032
46 106 
Other29 25 
Debt issuance costs and unamortized discount (b)(13)(15)
Total debt1,962 2,016 
Less: short-term borrowings and current maturities of long-term debt49 38 
Total long-term debt$1,913 $1,978 
(a)The fair value of our Senior Notes was determined using quoted prices in active markets for identical securities, which are considered Level 1 inputs. The fair value of our Senior Notes due 2026 was $495 million and $488 million as of September 30, 2025 and December 31, 2024, respectively. The fair value of our Senior Notes due 2028 was $477 million and $459 million as of September 30, 2025 and December 31, 2024, respectively. The fair value of our Senior Notes due 2031 was $449 million and $427 million as of September 30, 2025 and December 31, 2024, respectively. The fair value of our Senior Notes due 2046 was $338 million and $327 million as of September 30, 2025 and December 31, 2024, respectively.
(b)The debt issuance costs and unamortized discount are recognized as a reduction in the carrying value of the Senior Notes in the Condensed Consolidated Balance Sheets and are being amortized to interest expense in our Condensed Consolidated Income Statements over the expected remaining terms of the Senior Notes.
Schedule of Other Assets As of September 30, 2025, the gross and net amounts of those assets are included on the Consolidated Balance Sheets as follows:
September 30, 2025
(in millions)GrossNet
Property, plant, and equipment, net $34 $25 
Receivables, net 1 1 
Prepaid and other current assets 1 1 
Other non-current assets 10 10 
$46 $37 
Schedule of Maturities of Long-Term Debt
As of September 30, 2025 the future maturities of our debt were as follows:
(in millions)Maturity
From October 1, 2025 through December 31, 2025$28 
2026515 
202712 
2028507 
20293 
Thereafter910 
Total Future Maturities1,975 
Debt issuance costs and unamortized discount (a)(13)
Total$1,962 
(a) The debt issuance costs and unamortized discount is recognized as a reduction in the carrying value of the Senior Notes in the Consolidated Balance Sheets and is being amortized to interest expense in our Consolidated Income Statements over the expected remaining terms of the Senior Notes.