v3.26.1
Deferred Revenue (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue Recognition and Deferred Revenue [Abstract]  
Summary of Deferred Revenue Activity

Deferred revenue activity consisted of the following (dollars in millions):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Beginning balance

 

$

179

 

 

$

136

 

 

$

137

 

 

$

136

 

Increases

 

 

19

 

 

 

16

 

 

 

47

 

 

 

27

 

Revenue earned

 

 

(20

)

 

 

(16

)

 

 

(37

)

 

 

(27

)

Acquired deferred revenue

 

 

—

 

 

 

—

 

 

 

31

 

 

 

—

 

Ending balance

 

$

178

 

 

$

136

 

 

$

178

 

 

$

136