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Fair Value Measurement (Tables)
3 Months Ended
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, 2026December 31, 2025
Carrying
Value (a)
Fair
Value
Carrying
Value (a)
Fair
Value
2032 Senior Notes$1,634 $1,623 $1,633 $1,706 
Term Loan984 995 984 999 
2033 Euro Notes1,278 1,215 1,304 1,343 
2027 Convertible Notes629 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.