Interest expense (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Other Income and Expenses [Abstract] | ||||
Interest expense | $ 64 | $ 142 | $ 121 | $ 280 |
(Gain) loss on hedge instruments | (19) | (25) | (38) | (50) |
Finance lease liabilities interest | 22 | 23 | 46 | 46 |
Amortization of deferred financing costs and discount on debt | 3 | 6 | 6 | 11 |
Capitalized interest | (4) | (2) | (7) | (4) |
Interest income | (2) | (1) | (4) | (2) |
Other financing fees | 3 | 5 | 3 | 6 |
Interest expense, net | 67 | $ 148 | 127 | $ 287 |
Interest expense, preference shares liability | $ 4 | $ 7 |
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- Definition Interest Expense Capitalized No definition available.
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- Definition Interest Expense, Preference Shares Liability No definition available.
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- Definition Other Financing Fees No definition available.
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- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest expense on finance lease liability. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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