XML 43 R35.htm IDEA: XBRL DOCUMENT v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Measurements [Abstract]  
Schedule of the Carrying Amount and Estimated Fair Value of the Company's Financial Instruments that are Recorded at Fair Value on a Recurring Basis

The carrying amount and estimated fair value of our financial instruments that are recorded at fair value on a recurring basis for the periods presented are as follows:

 

 

 

 

 

 

Estimated Fair Value Measurements

 

 

 

 

 

 

Quoted

 

 

Significant

 

 

 

 

 

 

 

 

 

Prices

 

 

Other

 

 

Significant

 

 

 

 

 

 

in Active

 

 

Observable

 

 

Unobservable

 

 

 

Carrying

 

 

Markets

 

 

Inputs

 

 

Inputs

 

(In millions)

 

Value

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

As of March 31, 2026:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap (Other accrued liabilities )

 

$

 

3

 

 

$

 

—

 

 

$

 

3

 

 

$

 

—

 

Interest rate swap (Other long-term liabilities)

 

 

 

9

 

 

 

 

—

 

 

 

 

9

 

 

 

 

—

 

Term Loan A

 

 

 

387

 

 

 

 

—

 

 

 

 

392

 

 

 

 

—

 

Term Loan B

 

 

 

780

 

 

 

 

—

 

 

 

 

790

 

 

 

 

—

 

Total liabilities

 

$

 

1,178

 

 

$

 

—

 

 

$

 

1,194

 

 

$

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2025:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap (Other accrued liabilities )

 

$

 

4

 

 

$

 

—

 

 

$

 

4

 

 

$

 

—

 

Interest rate swap (Other long-term liabilities)

 

 

 

13

 

 

 

 

—

 

 

 

 

13

 

 

 

 

—

 

Term Loan A

 

 

 

392

 

 

 

 

—

 

 

 

 

397

 

 

 

 

—

 

Term Loan B

 

 

 

781

 

 

 

 

—

 

 

 

 

796

 

 

 

 

—

 

Total liabilities

 

$

 

1,190

 

 

$

 

—

 

 

$

 

1,210

 

 

$

 

—