v3.26.1
INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Investments [Abstract]  
Schedule of Investments Recorded in Other Noncurrent Liabilities
The Company’s equity investments consisted of the following (in millions).
CategoryBalance Sheet LocationOwnershipMarch 31, 2026December 31, 2025
Equity method investments:
The Chernin Group (TCG) 2.0-A, LPOther noncurrent assets44%$276 $276 
nC+Other noncurrent assets32%153 153 
OtherOther noncurrent assets270 268 
Total equity method investments699 697 
Investments without readily determinable fair values
Other noncurrent assets(a)
349 348 
Total investments$1,048 $1,045 
(a) Investments without readily determinable fair values included $17 million as of March 31, 2026 and December 31, 2025 that was recorded in prepaid expenses and other current assets.