v3.26.1
INCOME TAXES
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
Income tax expense was $14 million and for the three months ended June 30, 2026, and the income tax benefit
was $19 million for the six months ended June 30, 2026. The income tax benefit was $13 million and $32 million
for the three and six months ended June 30, 2025, respectively. Although the Company incurred a loss for the six
months ended June 30, 2026, it anticipates generating taxable income for the full fiscal year. The effective tax rate
for the period differed from the statutory rate primarily due to the impact of the Section 162(m) limitation on the
annual effective tax rate applied to the year-to-date loss.