v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities at Fair Value on Recurring Basis
The following table presents our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024 and their classification within the fair value hierarchy (in millions):
 As of March 31, 2025As of December 31, 2024
Level 2Level 2
Derivative assets$192 $84 
Derivative liabilities$97 $35 
Schedule of Long-Term Debt Related to Senior Notes at Fair Value The following table presents the fair value of our Senior Notes as of the dates indicated ($ in millions):
As of March 31, 2025As of December 31, 2024
 Nominal InterestFair ValuePercent of ParFair ValuePercent of Par
2026 Senior Notes5.000%$395 99%$394 99%
2028 Senior Notes8.375%1,395 103%1,405 104%
2030 Senior Notes8.625%1,035 104%1,049 105%
2031 Senior Notes8.750%1,389 103%1,408 104%