v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Long-Term Debt and Maturities

Long-term debt and maturities are as follows (dollars in millions):

 

 

 

June 30,
2026

 

 

December 31,
2025

 

Long-term debt:

 

 

 

 

 

 

Senior Notes, fixed 4.75%, due 2027

 

$

400

 

 

$

400

 

Senior Notes, fixed 5.875%, due 2029

 

 

500

 

 

 

500

 

Senior Notes, fixed 3.75%, due 2031

 

 

1,000

 

 

 

1,000

 

Senior Secured Credit Facility Term Loan, variable, due 2031

 

 

506

 

 

 

509

 

Senior Notes, fixed 5.875%, due 2033

 

 

500

 

 

 

500

 

Senior Secured Credit Facility Term Loan, variable, due 2033

 

 

1,197

 

 

 

 

Finance lease liabilities

 

 

37

 

 

 

 

Total long-term debt

 

$

4,140

 

 

$

2,909

 

Less: current maturities of long-term debt

 

 

20

 

 

 

5

 

Deferred financing costs, net

 

 

26

 

 

 

19

 

Total long-term debt, net

 

$

4,094

 

 

$

2,885