v3.25.4

Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Debt

Debt consists of (in millions):

		December 31,
		2025				2024
$1.1 billion in Senior Notes, interest at 3.95% payable    semiannually, principal due on December 1, 2042		$	1,092			$	1,091
$0.5 billion in Senior Notes, interest at 3.60% payable    semiannually, principal due on December 1, 2029			497				496
Other debt			129				153
Total debt			1,718				1,740
Less current portion			30				37
Long-term debt		$	1,688			$	1,703

Principal Payments of Debt

Principal payments of debt for years subsequent to 2025 are as follows (in millions):

2026		$	31
2027			12
2028			12
2029			513
2030			14
Thereafter			1,149
		$	1,731

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Principal payments of debt and capital leases.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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