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Other Income, Net
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Other Income, Net Other Income (Loss), Net
Year Ended December 31,
(In millions)202520242023
Pension financing benefits, net$8 $11 $11 
Pension settlement and curtailment(7)(4)— 
Township settlement— — (12)
Other gains (costs)(2)— — 
$(1)$7 $(1)
Pension financing benefits, net include return on assets net of interest costs and other amortization.
The Company recorded a settlement loss of $7 million during the year ended December 31, 2025 in connection with an annuity contract associated with the U.S. defined benefit plan. For further detail on the annuitization see Note 12, "Employee Benefit Plans".

During 2024 the Company incurred settlement and curtailment losses of $4 million related to an early buyout of individuals in the U.S. defined benefit plan.

During the year ended December 31, 2023, the Company recorded a charge of $12 million in regards to the Charter Township of Van Buren, Michigan settlement. See Note 19, "Commitments and Contingencies” for more information.