v3.26.1
Debt - Narrative (Details)
€ in Millions, ¥ in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 25, 2026
USD ($)
Apr. 30, 2025
CNY (¥)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Jun. 30, 2026
CNY (¥)
Aug. 31, 2025
USD ($)
Mar. 31, 2025
USD ($)
Mar. 31, 2025
EUR (€)
Nov. 30, 2024
USD ($)
Mar. 31, 2022
USD ($)
Debt Instrument [Line Items]                          
Refinancing expense     $ 0 $ 0 $ 0 $ 32              
Repayments of long-term debt         $ 621 2,833              
Debt Instrument, Redemption Price, Percentage         100.00%                
March 2022 U.S. Term Loan Credit Agreement                          
Debt Instrument [Line Items]                          
Senior unsecured debt                         $ 1,000
November 2024 US Term Loan                          
Debt Instrument [Line Items]                          
Senior unsecured debt                       $ 1,000  
Revolving Credit Facility | Revolving Credit Facility                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity                 $ 1,750        
Revolving Credit Facility | Revolving Credit Facility | Minimum | Variable Interbank Interest Rate                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate         1.00%                
Revolving Credit Facility | Revolving Credit Facility | Minimum | Base Rate                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate         0.00%                
Revolving Credit Facility | Revolving Credit Facility | Maximum | Variable Interbank Interest Rate                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate         2.00%                
Revolving Credit Facility | Revolving Credit Facility | Maximum | Base Rate                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate         1.00%                
CNCC Revolving Credit Agreement | China Revolving Credit Facility                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity | ¥   ¥ 100                      
Debt instrument, term   12 months                      
CNCC CNY950M Term Loan Agreement | China Credit Facilities                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity | ¥ [1]               ¥ 950          
5.000% Senior Notes due 2031                          
Debt Instrument [Line Items]                          
Senior unsecured debt     855   $ 855   $ 881            
Debt instrument, face amount | €                     € 750    
March 2025 Offering of USD Senior Unsecured Notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount                   $ 1,800      
4.777% Senior Notes due 2026                          
Debt Instrument [Line Items]                          
Senior unsecured debt [2]     0   0   526            
Debt Instrument, Repurchased Face Amount | €                     € 552    
Interest Expense, Debt $ 25                        
Repayments of long-term debt $ 508                        
Debt Instrument, Redemption Price, Percentage 100.00%                        
Senior unsecured notes due 2027, interest rate of 7.165%(1)                          
Debt Instrument [Line Items]                          
Senior unsecured debt [2]     554   $ 554   554            
Debt Instrument, Repurchased Face Amount                   500      
March 2025 Offering of Senior Unsecured Notes                          
Debt Instrument [Line Items]                          
Debt Issuance Costs, Gross                   $ 34      
March 2025 Tender Offers                          
Debt Instrument [Line Items]                          
Refinancing expense           $ 32              
December 2025 Offering of Senior Unsecured Notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount             1,400            
December 2025 Tender Offers                          
Debt Instrument [Line Items]                          
Debt Instrument, Repurchased Face Amount             1,200            
Secured Debt | Amended restated receivable purchasing facility                          
Debt Instrument [Line Items]                          
Percentage of fair value of sales receivables         100.00%                
Transfer of financial assets accounted for as sales, amount derecognized     738   $ 738   1,500            
Proceeds collected on accounts receivable sold under factoring facilities         693   1,500            
Trade Receivables Pledged As Collateral     $ 124   $ 124                
Europe Factoring Agreements                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, non-recourse basis, account receivable percentage     100.00%   100.00%     100.00%          
Japan Factoring Agreements                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, non-recourse basis, account receivable percentage     100.00%   100.00%     100.00%          
Singapore Factoring Agreements                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, non-recourse basis, account receivable percentage     90.00%   90.00%     90.00%          
China Factoring Agreements                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, non-recourse basis, account receivable percentage     100.00%   100.00%     100.00%          
China, Europe, Japan and Singapore Factoring Agreements                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, amount derecognized     $ 350   $ 350   717            
Proceeds collected on accounts receivable sold under factoring facilities         359   724            
Master Discounting Agreement                          
Debt Instrument [Line Items]                          
Transfer of financial assets accounted for as sales, amount derecognized     $ 42   $ 42   $ 82            
[1] Senior unsecured working capital loan bearing interest at certain floating interest rates.
[2] In February 2025, Moody's Ratings downgraded the Company's credit rating, which had the effect of increasing interest rates by 25 basis points on certain senior unsecured notes, effective on various dates beginning May 15, 2025 through January 19, 2026.
In November 2025, S&P Global Ratings and Moody's Ratings downgraded the Company's credit rating, which together had the effect of increasing interest rates for certain senior unsecured notes by an additional 50 basis points, effective on various dates beginning January 15, 2026 through May 15, 2026.