v3.26.1
FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments A summary of the notional amounts of these interest rate swap agreements as of June 30, 2026 and December 31, 2025 was as follows:
Notional Amount
Debt InstrumentJune 30, 2026December 31, 2025
5.00% Senior Notes due December 2034
$850 $850 
2.80% Senior Notes due June 2031
550 550 
6.40% Senior Notes due November 2033
400 400 
$1,800 $1,800 
Schedule of Debt Instrument Fair Value Basis Adjustment Attributable to Hedged Debt As of June 30, 2026 and December 31, 2025, the following amounts were recorded in the consolidated balance sheets related to cumulative basis adjustments for fair value hedges included in the carrying amount of long-term debt:
Carrying Amount of Hedged Long-Term DebtHedge Accounting Basis AdjustmentCarrying Amount of Hedged Long-Term DebtHedge Accounting Basis Adjustment
Balance Sheet ClassificationJune 30, 2026June 30, 2026December 31, 2025December 31, 2025
Long-term debt$1,765 $(21)$1,799 $15 
Schedule of Fair Value Hedge Accounting on the Statement of Operations The following table presents the effect of fair value hedge accounting on the consolidated statements of operations for the three and six months ended June 30, 2026 and 2025:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest Expense, NetInterest Expense, NetInterest Expense, NetInterest Expense, Net
Total for line item in which the effects of fair value hedges are recorded$(63)$(67)$(126)$(134)
Gain (loss) on fair value hedging relationships:
Hedged items (Long-term debt)$22 $(23)$35 $(51)
Derivatives designated as hedging instruments$(22)$23 $(35)$51 
Schedule of Derivative Instruments at Fair Value A summary of the fair values of derivative instruments in the consolidated balance sheets was as follows:
June 30, 2026December 31, 2025
Balance Sheet
Classification		Fair ValueBalance Sheet
Classification		Fair Value
Derivatives Designated as Hedging Instruments   
Fixed-to-variable interest rate swap agreementsOther liabilities$21 Other assets$14