INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | 6. INCOME TAXES Income tax provisions for interim (quarterly) periods are based on an estimated annual effective income tax rate calculated separately from the effect of significant, infrequent or unusual items. Income tax benefit from continuing operations was $1 million for the three months ended June 30, 2026 compared to an income tax benefit of $4 million for the three months ended June 30, 2025. The decrease in the income tax benefit was primarily driven by an unfavorable change in discrete tax expenses and benefits for the three months ended June 30, 2026 compared to the prior year. Income tax benefit was $40 million for the six months ended June 30, 2026 compared to an income tax benefit of $11 million for the six months ended June 30, 2025. The increase in the income tax benefit was primarily driven by changes to the estimated full-year valuation allowance and withholding taxes, changes in the geographic earnings mix and a higher loss from continuing operations before taxes for the six months ended June 30, 2026. These benefits were partially offset by an unfavorable change in discrete tax expenses and benefits for the six months ended June 30, 2026 compared to the prior year.
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