The following table summarizes the fair value information at June 30, 2025 and December 31, 2024, for assets and liabilities measured at fair value on a recurring basis in the respective balance sheet line items, as well as long-term debt, excluding our finance lease liability, for which fair value is disclosed on a recurring basis: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | | Financial statement line item | | Carrying Amount | | Quoted Prices in Active Markets for Identical Assets (Level 1) | | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | | Fair Value | June 30, 2025 | | | | | | | | | | | Recurring fair value measurements | | | | | | | | | | | Prepaid expenses and other - derivative instruments | | $ | 7 | | | $ | — | | | $ | 7 | | | $ | — | | | $ | 7 | | | | | | | | | | | | | Other current liabilities - derivative instruments | | (17) | | | — | | | (17) | | | — | | | (17) | | Other current liabilities - contingent consideration | | (27) | | | — | | | — | | | (27) | | | (27) | | Other noncurrent liabilities - derivative instruments | | (182) | | | — | | | (182) | | | — | | | (182) | | | | | | | | | | | | | Other noncurrent liabilities - contingent consideration | | (7) | | | — | | | — | | | (7) | | | (7) | | | | | | | | | | | | | Financial instruments not carried at fair value | | | | | | | | | | | Long-term debt, excluding finance lease liability | | (3,975) | | | — | | | (4,007) | | | — | | | (4,007) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | | | | | | | | | | | | | | | | | | | | Recurring fair value measurements | | | | | | | | | | | Prepaid expenses and other - derivative instruments | | $ | 32 | | | $ | — | | | $ | 32 | | | $ | — | | | $ | 32 | | Other current liabilities - derivative instruments | | (54) | | | — | | | (54) | | | — | | | (54) | | Other current liabilities - contingent consideration | | (21) | | | — | | | — | | | (21) | | | (21) | | Other noncurrent liabilities - derivative instruments | | (18) | | | — | | | (18) | | | — | | | (18) | | Other noncurrent liabilities - contingent consideration | | (16) | | | — | | | — | | | (16) | | | (16) | | | | | | | | | | | | | | | | | | | | | | | | Financial instruments not carried at fair value | | | | | | | | | | | Long-term debt | | (4,349) | | | — | | | (4,362) | | | — | | | (4,362) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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