v3.26.1
BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Borrowings are summarized as follows:
June 30, 2026December 31, 2025
2029 Dollar Term Loans$1,342 $1,475 
2027 Dollar Senior Notes500 500 
2029 Dollar Senior Notes700 700 
2031 Dollar Senior Notes500 500 
Other borrowings48 50 
Unamortized original issue discount(8)(9)
Unamortized deferred financing costs(14)(17)
Total borrowings, net3,068 3,199 
Less:
Short-term borrowings (1)
502 
Current portion of long-term borrowings17 17 
Long-term debt$2,549 $3,179 
(1)    This includes our 2027 Dollar Senior Notes which have a principal amount of $500 million, bear interest at 4.750%, and are due on June 15, 2027. For additional information, refer to Liquidity and Capital Resources within the Management’s Discussion and Analysis of Financial Condition and Results of Operations in this Quarterly Report on Form 10-Q.
Schedule of Maturities of Long-term Debt
Below is a schedule of required future repayments of all borrowings outstanding at June 30, 2026.
Remainder of 2026$10 
2027521 
202821 
20292,004 
2030
Thereafter529 
Total borrowings3,090 
Unamortized original issue discount(8)
Unamortized deferred financing costs(14)
Total borrowings, net$3,068