v3.26.1
Debt (Summary Of Available Capacity Under Borrowing Arrangements) (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Non-recourse bank conduit facility [Member]    
Debt Instrument [Line Items]    
Total capacity [1] $ 752  
Less: Outstanding borrowings [1] 370  
Letters of Credit Outstanding, Amount [1] 0  
Available capacity [1] 382  
Revolving Credit Facility | Revolving Credit Facility | Secured Revolving Credit Facility due June 2030    
Debt Instrument [Line Items]    
Total capacity [2] 1,000  
Less: Outstanding borrowings [3],[4] 240 [2] $ 63
Letters of Credit Outstanding, Amount [2] 1  
Available capacity [2] 759  
Debt instrument, face amount $ 1,000  
[1] Consists of the Company’s USD bank conduit facility and AUD/NZD bank conduit facility. The capacities of these facilities are subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings.
[2] Consists of the Company’s $1.0 billion secured revolving credit facility.
[3] The carrying amounts of the secured notes and term loan are net of unamortized discounts of $10 million and $11 million as of March 31, 2026 and December 31, 2025, and net of unamortized debt financing costs of $15 million and $16 million as of March 31, 2026 and December 31, 2025.
[4] The weighted average effective interest rate on facility borrowings was 5.60% and 6.52% for the three months ended March 31, 2026 and year-ended December 31, 2025.