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Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt, Net of Unamortized Discount and Debt Issuance Costs

Long-term debt, net of an unamortized discount and debt issuance costs, consisted of the following:

			Original Principal						Annual Interest Rate						Maturity Date						December 31, 2025						December 31, 2024
2024 Term Loan Facility, net of unamortized discount(1)			741						Variable						4/4/2029						731						735
2024-B Term Loan Facility, net of unamortized discount(1)			902						Variable						9/30/2031						887						896
Senior Notes due 2029			1,075						4.63		%				3/15/2029						1,075						1,075
Senior Secured Notes due 2030			400						9.13		%				9/30/2030						400						—
RMB Term Loan Facility(1)			64						Variable						8/16/2029						57						58
Australian Government Loan, net of unamortized discount			N/A						N/A						12/31/2036						2						1
MGT Loan(2)			36						Variable						Variable						13						19
Finance leases																					39						42
Long-term debt																					3,204						2,826
Less: Long-term debt due within one year																					(39)						(35)
Debt issuance costs																					(33)						(32)
Long-term debt, net																					$	3,132					$	2,759

(1)The average effective interest rate on the 2024 Term Loan Facility, including the impacts of the interest rate swaps, was 6.5% and 7.7% for the year ended December 31, 2025 and 2024, respectively. The average effective interest rate on the 2024-B Term Loan Facility, including the impacts of the interest rate swaps) was 6.5% and 6.1% for the year ended December 31, 2025 and 2024, respectively. The average effective interest rate on the RMB Term Loan Facility was 9.8% and 10.4% for the year ended December 31, 2025 and 2024, respectively.

(2)The MGT loan is a related party debt facility. Average effective interest rate on the MGT loan was 6.1% during both the year ended December 31, 2025 and 2024. Refer below for further details.

Schedule of Maturities of Long-term Debt

At December 31, 2025, the scheduled maturities of our long-term debt were as follows:

			Total Borrowings
2026			39
2027			37
2028			31
2029			1,833
2030			415
Thereafter			859
Total			3,214
Remaining accretion associated with the 2024 Term Loan Facility and the 2024-B Term Loan Facility			(10)
Total borrowings			3,204

Schedule of Short-Term Debt

Short-term debt consisted of the following:

			Annual Interest Rate						Maturity Date						December 31, 2025						December 31, 2024
Cash Flow Revolver			Variable						8/15/2029						—						33
RMB Revolving Credit Facility			Variable						8/16/2027						—						21
SEB Credit Facility			4.9		%				2/28/2026						40						—
Insurance premium financing (Australia)			6.4		%				3/1/2026						1						—
Insurance premium financing (global)			8.0		%				4/1/2026						10						11
Short-term debt															$	51					$	65

Schedule of Interest and Debt Expense, Net

Interest and debt expense, net in the Consolidated Statements of Operations consisted of the following:

			Year Ended December 31,
			2025						2024						2023
Interest on debt			$	185					$	168					$	157
Amortization of deferred debt issuance costs and discounts on debt			10						10						9
Capitalized interest			(17)						(21)						(17)
Interest on capital leases and letters of credit and commitments			9						10						9
Inventory financing arrangement (Note 8)			$	2					$	—					$	—
Total interest and debt expense, net			$	189					$	167					$	158

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