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Derivative Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Outstanding Foreign Currency Forward Contracts | Forward currency contracts consist of (in millions):
|  | Currency Denomination |
|  | September 30, |  |  | December 31, |
Currency |  | 2025 |  |  | 2024 |
Colombian Peso |  | COP |  | 50,194 |  |  | COP |  | 60,970 |
South Korean Won |  | KRW |  | 26,071 |  |  | KRW |  | 45,130 |
Norwegian Krone |  | NOK |  | 2,579 |  |  | NOK |  | 2,850 |
Japanese Yen |  | JPY |  | 1,249 |  |  | JPY |  | 1,039 |
U.S. Dollar |  | USD |  | 891 |  |  | USD |  | 1,031 |
Mexican Peso |  | MXN |  | 177 |  |  | MXN |  | 405 |
Euro |  | EUR |  | 124 |  |  | EUR |  | 95 |
Singapore Dollar |  | SGD |  | 18 |  |  | SGD |  | 12 |
British Pound Sterling |  | GBP |  | 5 |  |  | GBP |  | — |
Danish Krone |  | DKK |  | 3 |  |  | DKK |  | 3 |
South African Rand |  | ZAR |  | — |  |  | ZAR |  | 25 |
Canadian Dollar |  | CAD |  | — |  |  | CAD |  | 1 |
Derivative Instruments and their Balance Sheet Classifications | The Company has the following fair values of its derivative instruments and their balance sheet classifications (in millions):
|  | Asset Derivatives |  |  | Liability Derivatives |
|  |  |  | Fair Value |  |  |  |  | Fair Value |
|  | Balance Sheet |  | September 30, |  |  | December 31, |  |  | Balance Sheet |  | September 30, |  |  | December 31, |
|  | Location |  | 2025 |  |  | 2024 |  |  | Location |  | 2025 |  |  | 2024 |
Derivatives designated as hedging instruments under ASC Topic 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid and other current assets |  | $ | 10 |  |  | $ | 1 |  |  | Accrued liabilities |  | $ | 2 |  |  | $ | 13 |
Foreign exchange contracts |  | Other assets |  |  | — |  |  |  | — |  |  | Other liabilities |  |  | — |  |  |  | 1 |
Designated total |  |  |  | $ | 10 |  |  | $ | 1 |  |  |  |  | $ | 2 |  |  | $ | 14 |
Derivatives not designated as hedging instruments under ASC Topic 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid and other current assets |  | $ | 4 |  |  | $ | 4 |  |  | Accrued liabilities |  | $ | 4 |  |  | $ | 11 |
Foreign exchange contracts |  | Other assets |  |  | — |  |  |  | — |  |  | Other liabilities |  |  | 1 |  |  |  | 1 |
Non-designated total |  |  |  | $ | 4 |  |  | $ | 4 |  |  |  |  | $ | 5 |  |  | $ | 12 |
Total |  |  |  | $ | 14 |  |  | $ | 5 |  |  |  |  | $ | 7 |  |  | $ | 26 |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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