v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt consists of the following:
(Dollars in millions)June 30, 2026December 31, 2025
2022 Term Loan A
$— $191 
Finance leases and other149 152 
Short-term borrowings related to factoring facilities (Note 4)— 
Total debt principal 149 348 
Less unamortized debt issuance costs and discounts— (1)
Total debt, net 149 347 
Less short-term borrowings and current portion of long-term debt(10)(26)
Total long-term debt $139 $321 
Schedule of Maturities of Debt
Maturities of debt as of June 30, 2026 are as follows:
(Dollars in millions)
Year Ending December 31,
Total
Remainder of 2026$
202710 
2028
2029
2030
Thereafter106 
Total principal payments$149