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Fair Value of Financial Information (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Carrying amounts and fair values of financial instruments
Presented in the tables below are the carrying amounts, including fair value adjustments previously recognized in acquisition purchase accounting, and the fair values of the Company’s financial instruments:
As of December 31, 2025
 Carrying AmountAt Fair Value
Level 1
Level 2Level 3Total
Preferred stock with mandatory redemption requirements$3 $— $— $3 $3 
Long-term debt14,256 11,653 1,065 616 13,334 
As of December 31, 2024
 Carrying AmountAt Fair Value
Level 1
Level 2Level 3Total
Preferred stock with mandatory redemption requirements$3 $— $— $3 $3 
Long-term debt13,155 10,165 1,050 658 11,873 
Schedule of Fair value measurements of assets and liabilities on recurring basis
Presented in the tables below are assets and liabilities measured and recorded at fair value on a recurring basis and their level within the fair value hierarchy:
As of December 31, 2025
Level 1Level 2Level 3Total
Assets:    
Restricted funds$41 $— $— $41 
Rabbi trust investments32 — — 32 
Deposits124 — — 124 
Other investments:
Money market and other20 — — 20 
Fixed-income securities28 7 — 35 
Mark-to-market derivative asset— 2 — 2 
Total assets245 9 — 254 
Liabilities:    
Deferred compensation obligations38 — — 38 
Total liabilities38 — — 38 
Total assets$207 $9 $— $216 
As of December 31, 2024
Level 1Level 2Level 3Total
Assets:    
Restricted funds$44 $— $— $44 
Rabbi trust investments29 — — 29 
Deposits6 — — 6 
Other investments:
Money market and other21 — — 21 
Fixed-income securities88 6 — 94 
Mark-to-market derivative asset— 24 — 24 
Total assets188 30 — 218 
Liabilities:    
Deferred compensation obligations34 — — 34 
Total liabilities34 — — 34 
Total assets$154 $30 $— $184 
Schedule of Unrealized positions for available-for-sale fixed-income securities
The following tables summarize the unrealized positions for available-for-sale fixed income securities:
As of December 31, 2025
Amortized Cost BasisGross unrealized gainsGross unrealized lossesFair Value
Available-for-sale fixed-income securities$36 $— $1 $35 
As of December 31, 2024
Amortized Cost BasisGross unrealized gainsGross unrealized lossesFair Value
Available-for-sale fixed-income securities$94 $2 $2 $94 
Schedule of Investments classified by contractual maturity date
The fair value of the Company’s available-for-sale fixed income securities, summarized by contractual maturities, as of December 31, 2025, is as follows:
Amount
Other investments - Available-for-sale fixed-income securities
Less than one year$6 
1 year - 5 years18 
5 years - 10 years4 
Greater than 10 years7 
Total$35