v3.25.2
Payables and Accruals
6 Months Ended
Jun. 30, 2025
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Liabilities Disclosure Accounts Payable
We have an agreement with a third party that allows our participating suppliers to finance payment obligations from us
with designated third-party financial institutions who act as our paying agent. We have generally extended our payment terms
with suppliers to 90 days. A participating supplier may request a participating financial institution to finance one or more of our
payment obligations to such supplier prior to the scheduled due date thereof at a discounted price. We are not required to
provide collateral to the financial institutions.
Our obligations to participating suppliers, including amounts due and scheduled payment dates, are not impacted by
the suppliers’ decisions to finance amounts due under these financing arrangements. Our outstanding payment obligations under
these agreements were $276 million as of June 30, 2025, and $317 million as of December 31, 2024, and are included in
accounts payable on the condensed consolidated balance sheets.