Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivatives Outstanding

The following table is a summary of the fair value of derivatives outstanding at June 30, 2026 and December 31, 2025:


	Fair Value
	June 30, 2026				December 31, 2025
	Assets(a)		Accrued Liabilities		Assets(a)		Accrued Liabilities
Derivatives Designated as Cash Flow Hedges
Currency Contracts	$	1	$	—	$	—	$	—
Interest Rate Swaps	20		—		7		1

Total Hedges	$	21	$	—	$	7	$	1
Derivatives Not Designated as Cash Flow Hedges
Currency Contracts	—		4		5		—
Total Derivatives	$	21	$	4	$	12	$	1

(a) At June 30, 2026 and December 31, 2025, current assets of $21 million and $12 million, respectively, are recorded in prepaid and other current assets on the Condensed Consolidated Balance Sheets.

Schedule of Derivatives' Impact on the Condensed Consolidated Statement of Operations

The following table summarizes the impact of the Company's derivatives on the unaudited Condensed Consolidated Statement of Operations:


	Amount of Pre-Tax Gain (Loss) Recognized in Earnings						Amount of Pre-Tax Gain (Loss) Recognized in Earnings
	Revenue		Cost of Goods Sold		Other income (expense), net		Revenue		Cost of Goods Sold		Other income (expense), net
	Three Months Ended June 30, 2026						Three Months Ended June 30, 2025

Derivatives Not Designated as Hedging Instruments
Currency Contracts	$	—	$	—	$	(1)	$	—	$	—	$	(1)
Derivatives Designated as Hedging Instruments
Currency Contracts	$	—	$	1	$	—	$	2	$	(1)	$	—

Total Derivatives	$	—	$	1	$	(1)	$	2	$	(1)	$	(1)


	Amount of Pre-Tax Gain (Loss) Recognized in Earnings						Amount of Pre-Tax Gain (Loss) Recognized in Earnings
	Revenue		Cost of Goods Sold		Other income (expense), net		Revenue		Cost of Goods Sold		Other income (expense), net
	Six Months Ended June 30, 2026						Six Months Ended June 30, 2025

Derivatives Not Designated as Hedging Instruments
Currency Contracts	$	—	$	—	$	3	$	—	$	—	$	(1)
Derivatives Designated as Hedging Instruments
Currency Contracts	$	—	$	1	$	—	$	2	$	(1)	$	—
Natural Gas Hedges	—		1		—		—		—		—
Total Derivatives	$	—	$	2	$	3	$	2	$	(1)	$	(1)