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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 211 $ 303 $ 497 $ 670
Other comprehensive income, net of tax:        
Currency translation adjustments, net of deferred taxes of $0 for each period (1) 2 (2) 3
Gains on cash flow hedges, net of taxes of $2 million and $3 million, respectively, in the three months and six months ended June 30, 2026 and $0 in 2025 6 0 10 0
Comprehensive income 216 305 505 673
Less: Net income attributable to noncontrolling interests 0 1 0 1
Less: Other comprehensive income attributable to noncontrolling interests 0 0 0 0
Comprehensive income attributable to Versant $ 216 $ 304 $ 505 $ 672