v3.25.4
Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Effective Income Tax Rate Reconciliation [Line Items]      
Income before income taxes $ 4,373 $ 2,941 $ 1,711
Less: Equity investment income 414 260 200
Income before income taxes, excluding equity investment income 3,959    
Amount      
Tax at Liberia statutory rate of 25% 990    
Foreign tax effects      
US source of shipping income not exempt under Section 883 of the Internal Revenue Code [1] 37    
Other (1)    
Total continuing operations 82 $ 46 $ 6
Shipping income exempt $ 200    
Percent      
Tax at Liberia statutory rate of 25% 25.00%    
Foreign tax effects      
US source of shipping income not exempt under Section 883 of the Internal Revenue Code [1] 1.00%    
Other 0.00%    
Effective income tax rate 2.00%    
Liberia      
Nontaxable or nondeductible items      
Income tax exemptions $ (850)    
Nontaxable or nondeductible items      
Income tax exemptions (21.00%)    
United Kingdom      
Nontaxable or nondeductible items      
Income tax exemptions $ (94)    
Nontaxable or nondeductible items      
Income tax exemptions (2.00%)    
[1] The tax benefit associated with US source shipping income exempt under Section 883 of the Internal Revenue Code was approximately $200 million