v3.26.1
INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Schedule of Investments Recorded in Other Noncurrent Liabilities
The Company’s equity investments consisted of the following (in millions).
CategoryBalance Sheet LocationOwnershipJune 30, 2026December 31, 2025
Equity method investments:
The Chernin Group (TCG) 2.0-A, LPOther noncurrent assets44%$299 $276 
nC+Other noncurrent assets32%140 153 
OtherOther noncurrent assets254 268 
Total equity method investments693 697 
Investments without readily determinable fair values
Other noncurrent assets(a)
313 348 
Total investments$1,006 $1,045 
(a) Investments without readily determinable fair values included $42 million and $17 million as of June 30, 2026 and December 31, 2025, respectively, that was recorded in prepaid expenses and other current assets.