Derivatives and Net Investment Hedges (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Values of Foreign Exchange Forward Contracts Outstanding

The following table summarizes the net notional values of foreign exchange forward contracts outstanding:


		June 30, 2026				December 31, 2025
Designated as cash flow hedging instruments:
Foreign exchange forward contracts - cash flow hedges		$	2			$	5
Not designated as cash flow hedging instruments:
Foreign exchange forward contracts - balance sheet hedges		$	254			$	367

Summary of Net (Losses) Gains on Derivatives Designated as Cash Flow Hedging Instruments

The following table summarizes the net (losses) gains on derivatives designated as cash flow hedging instruments:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Foreign exchange forward contracts-cash flow hedges:
Net (losses) gains recognized in OCI, net of tax		$	—			$	(3	)		$	—			$	(4	)
Net gains (losses) reclassified from accumulated OCI into cost of revenues		$	—			$	2			$	—			$	4
Interest rate hedges:
Net gains (losses) recognized in OCI, net of tax		$	2			$	(6	)		$	7			$	(21	)
Net gains (losses) reclassified from accumulated OCI into interest expense		$	1			$	5			$	—			$	12

Summary of Net Gains (Losses) on Derivatives Not Designated as Hedging Instruments

The following table summarizes the net gains (losses) on derivatives not designated as hedging instruments:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Net gains (losses) recognized in other (income) expense, net		$	—			$	(5	)		$	4			$	(4	)