v3.26.1
Derivatives and Hedging (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The Company has following interest rate swap agreements that had fair value liability of $16 million as of March 31, 2026:
Notional Amount
(in $ millions)		PeriodFixed Interest Rate
$400September 2024 to July 20284.2075 %
$500September 2024 to July 20294.209 %
Schedule of Balance Sheet Location and Fair Value of Company's Derivative Instruments, on a Gross Basis, Under ASC 815
The following table presents the balance sheet location and fair value of the Company’s derivative instruments, on a gross basis, under ASC 815:
(in $ millions)Balance sheet
Location		March 31, 2026December 31, 2025
Derivatives designated as hedging instruments
Interest rate swapsOther non-current liabilities(16)(24)
Cross currency interest rate swaps
Other non-current liabilities
(22)(30)
Derivatives not designated as hedging instruments
Earnout sharesEarnout derivative liabilities(6)(37)
Schedule of Impact of Changes in Fair Values of Derivatives on Other Comprehensive Income (Loss) and on Net Income (Loss)
The table below presents the impact of changes in fair values of derivatives on other comprehensive (loss) income and on net income:
Amount of gain/(loss) recognized in
other comprehensive income (loss)		Statement of
operations location		Amount of gain/(loss) recognized in
 statements of operations
Three months ended
March 31,		Three months ended
March 31,
2026202520262025
Derivatives designated as hedging instruments
Interest rate swaps$8 $(15)NA— — 
Interest rate swaps re-classed to consolidated statements of operations(1)(4)Interest expense$1 $4 
Cross currency interest rate swap8 (7)NA— — 
Derivatives not designated as hedging instruments
Foreign currency forward contracts— — 
Other income (loss), net
— 9 
Earnout Shares— — Fair value movement on earnout derivative liabilities31 74 
$32 $87