v3.26.1
Liability for Sale of Future Revenue - Schedule of Sale of Future Revenue Activity (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
May 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Liability For Sale Of Future Revenue [Roll Forward]          
Royalty revenue       $ (18) $ (4)
Imputed interest expense       29 7
Blackstone Life Sciences and Blackstone Credit & Insurance          
Liability For Sale Of Future Revenue [Roll Forward]          
Beginning balance       304 0
Proceeds from sale of future revenue $ 295     0 295
Deferred transaction costs       0 (5)
Royalty revenue   $ (9) $ (4) (18) (4)
Imputed interest expense       29 7
Ending balance   $ 315 $ 293 $ 315 $ 293
Effective interest rate   18.30% 16.10% 18.30% 16.10%