v3.26.1
Interest Expense
 6 Months Ended
Jun. 30, 2026
Interest Expense, Operating and Nonoperating [Abstract]  
Interest Expense Interest Expense
Details of interest expense are as follows:
Three months ended 
 June 30,		Six months ended 
 June 30,
2026202520262025
(in millions)
Interest on borrowings(1)
$43 $38 $85 $75 
Fees on financing agreements and other(1)
2 2 4 4 
Interest on tax liabilities(2)
13 — 14 — 
Interest capitalized(8)(4)(14)(6)
Total interest expense$50 $36 $89 $73 
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(1)See Note 10—Financing Agreements for additional information.
(2)See Note 9—Income Taxes for additional information.