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Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
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:
June 30, 2026December 31, 2025
Carrying
Value (a)
Fair
Value
Carrying
Value (a)
Fair
Value
2032 Senior Notes$1,634 $1,654 $1,633 $1,706 
Term Loan983 990 984 999 
2033 Euro Notes1,267 1,246 1,304 1,343 
2027 Convertible Notes630 602 628 610 
Total$4,514 $4,492 $4,549 $4,658 
(a) Carrying value excludes unamortized debt issuance costs related to the Revolving Credit Facility of $3 million as of June 30, 2026 and December 31, 2025.