Accounting for Derivative Instruments and Hedging Activities (Notes) |
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| Accounting for Derivative Instruments and Hedging Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting for Derivative Instruments and Hedging Activities | Accounting for Derivative Instruments and Hedging Activities Cross-currency derivative instruments are used to manage foreign exchange risk on the Sterling Notes by effectively converting £1.275 billion aggregate principal amount of fixed-rate British pound sterling denominated debt, including annual interest payments and the payment of principal at maturity, to fixed-rate U.S. dollar denominated debt. The fair value of the Company's cross-currency derivatives, which are classified within Level 2 of the valuation hierarchy, was $393 million and $504 million and is included in other long-term liabilities on its consolidated balance sheets as of June 30, 2025 and December 31, 2024, respectively. The effect of financial instruments are recorded in other expense, net in the consolidated statements of operations and consisted of the following.
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