Leases	6 Months Ended
Jun. 30, 2026
Leases [Abstract]
Leases	Leases Recently commenced leases For the six months ended June 30, 2026, the Company commenced and recognized $224 million of right-of-use assets and lease liabilities under various leases for equipment placed in service within the solar manufacturing facility in Hemlock, Michigan. These leases were classified as finance leases, with lease terms ranging from five to eight years. Related to these assets, the Company recognized $74 million in Advanced Manufacturing Investment Credits under Section 48D of the Internal Revenue Code, as amended under the One Big Beautiful Bill Act (“48D credits”), which reduced the carrying value of these right-of-use assets. Leases not yet commenced The Company has entered into various leases that have not yet commenced in an aggregate amount of $348 million as of June 30, 2026, on an undiscounted basis, primarily for production-related equipment associated with the solar manufacturing facility in Hemlock, Michigan. The leases are expected to commence in 2026 with lease terms ranging from five to 16 years. The leases are expected to be classified as finance leases and the amount of right-of-use assets and lease liabilities will be determined and recorded upon lease commencement. Once placed in service, the Company will reduce the amount of right-of-use assets by any 48D credits, which are estimated to be approximately $54 million

Leases

6 Months Ended

Jun. 30, 2026

Recently commenced leases

For the six months ended June 30, 2026, the Company commenced and recognized $224 million of right-of-use assets and lease liabilities under various leases for equipment placed in service within the solar manufacturing facility in Hemlock, Michigan. These leases were classified as finance leases, with lease terms ranging from five to eight years. Related to these assets, the Company recognized $74 million in Advanced Manufacturing Investment Credits under Section 48D of the Internal Revenue Code, as amended under the One Big Beautiful Bill Act (“48D credits”), which reduced the carrying value of these right-of-use assets.

Leases not yet commenced

The Company has entered into various leases that have not yet commenced in an aggregate amount of $348 million as of June 30, 2026, on an undiscounted basis, primarily for production-related equipment associated with the solar manufacturing facility in Hemlock, Michigan. The leases are expected to commence in 2026 with lease terms ranging from five to 16 years. The leases are expected to be classified as finance leases and the amount of right-of-use assets and lease liabilities will be determined and recorded upon lease commencement. Once placed in service, the Company will reduce the amount of right-of-use assets by any 48D credits, which are estimated to be approximately $54 million