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Fair Value Measurement (Tables) | 3 Months Ended
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Mar. 31, 2026
Fair Value Disclosures [Abstract] |
Schedule of Reconciliation of Beginning and Ending Balances for Level 3 Contingent Liabilities | The table below provides a reconciliation of the beginning and ending balances for the Level 3 contingent liabilities:
| Three Months Ended March 31, 2026
Balance at beginning of period | $ | 14 |  |  |  |  |
Impact of foreign exchange | (1) |  |  |  |  |
Balance at end of period | $ | 13 |  |  |  |  |
Schedule of Estimated Fair Value | The estimated fair value of the Company’s outstanding debt using quoted prices from over-the-counter markets, considered Level 2 inputs, was as follows:
| March 31, 2026 |  | December 31, 2025
| Carrying Value (a) |  | Fair Value |  | Carrying Value (a) |  | Fair Value
2032 Senior Notes | $ | 1,634 |  |  | $ | 1,623 |  |  | $ | 1,633 |  |  | $ | 1,706 |
Term Loan | 984 |  |  | 995 |  |  | 984 |  |  | 999 |
2033 Euro Notes | 1,278 |  |  | 1,215 |  |  | 1,304 |  |  | 1,343 |
2027 Convertible Notes | 629 |  |  | 594 |  |  | 628 |  |  | 610 |
Total | $ | 4,525 |  |  | $ | 4,427 |  |  | $ | 4,549 |  |  | $ | 4,658 |
(a) Carrying value excludes unamortized debt issuance costs related to the Revolving Credit Facility of $3 million as of March 31, 2026 and December 31, 2025.

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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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