v3.25.4
Settlement and Other Risk Management (Tables)
12 Months Ended
Dec. 31, 2025
Settlement and Other Risk Management [Abstract]  
Estimated Settlement Exposure and Portion of Uncollateralized Settlement Exposure for MasterCard-Branded Transactions
The Company’s estimated settlement exposure was as follows at December 31:
20252024
(in millions)
Gross settlement exposure$89,599 $78,385 
Risk mitigation arrangements applied to settlement exposure
(16,722)(13,466)
Net settlement exposure
$72,877 $64,919