v3.26.1
Note 5 - Other Long-term Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Summary of Other Long-Term Liabilities

 

 

June 30,

 

 

December 31,

 

(in millions)

 

2026

 

 

2025

 

Workers' compensation

 

$

49

 

 

$

51

 

Asset retirement obligations

 

 

44

 

 

 

44

 

Deferred taxes

 

 

29

 

 

 

28

 

Deferred brand licensing revenue

 

 

49

 

 

 

52

 

Environmental liabilities

 

 

10

 

 

 

9

 

Embedded preferred stock derivative liability (1)

 

 

40

 

 

 

 

Other

 

 

25

 

 

 

23

 

Total

 

$

246

 

 

$

207

 

 

(1)
Refer to Note 7, "Redeemable, Convertible Preferred Stock" for additional details and Note 20, "Financial Instruments" for valuation of this derivative.