v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The following is a summary of debt outstanding, net of unamortized issuance costs, as of June 30, 2026 and December 31, 2025:
June 30,
2026
December 31,
2025
(in millions)
6.125% senior notes, due 2031 (net of $11 unamortized issuance costs)
$789 $— 
6.375%, senior notes, due 2034 (net of $11 unamortized issuance costs)
789 — 
Term Loan A, due 2031 (net of $5 unamortized issuance costs)
495 — 
Finance leases and other151 61 
Total debt2,224 61 
Less: current portion(153)(58)
Long-term debt$2,071 $
Schedule of Long-term Debt Instruments The rates under the Term Loan A Facility on the specified dates are set forth below:
June 30, 2026December 31, 2025
ABR plusBenchmark Loans plusABR plusBenchmark Loans plus
Term Loan A0.50 %1.50 %N/AN/A