Debt carrying amounts, net of related discounts, premiums and debt issuance costs, were as follows: | | | | | | | | | | | | | | | | | As of June 30, 2026 | | As of December 31, 2025 | 2.900% senior notes due June 1, 2030 | | $ | 597 | | | $ | 597 | | 3.200% senior notes due October 1, 2026 (i) | | 500 | | | 499 | | 3.900% senior notes due June 1, 2050 | | 392 | | | 392 | | 6.625% senior notes due April 15, 2037 | | 253 | | | 253 | | | Revolving credit agreement | | — | | | — | | | Other long-term borrowings | | — | | | 1 | | | Total long-term debt | | 1,742 | | | 1,742 | | | | | | | | Other short-term borrowings | | 41 | | | 48 | | | Delayed draw term loan facility | | — | | | — | | | Bridge facility | | — | | | — | | | Total short-term borrowings | | 41 | | | 48 | | | Total debt | | $ | 1,783 | | | $ | 1,790 | | _________________ (i)The senior notes due October 1, 2026 are classified as long-term debt as we have the intent and ability to refinance them on a long-term basis.
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