FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2026

Principal amounts of debt obligations and principal amounts of debt obligations net of issuance costs consist of the following:


		September 30, 2026				December 31, 2025
(in millions)	Maturity	Principal Amount		Net of Premiums, Discounts and Issuance Costs		Principal Amount		Net of Premiums, Discounts and Issuance Costs
Senior Secured Credit Facilities



September 2028 Term Facility	September 2028	$	—	$	—	$	489	$	483
June 2030 Revolving Credit Facility	June 2030	100		100		100		100
January 2031 Term Facility	January 2031	—		—		2,313		2,282
January 2031 Refinancing Term Facility	January 2031	2,788		2,758		—		—
Senior Secured Notes
October 2028 Secured Notes	October 2028	1,400		1,390		1,400		1,387
January 2031 Secured Notes	January 2031	765		756		793		782
Other	Various	12		13		12		14
Total long-term debt		$	5,065	5,017		$	5,107	5,048
Less: Current portion of long-term debt				28				28
Non-current portion of long-term debt				$	4,989			$	5,020

Schedule of long-term debt maturities

As of September 30, 2026, maturities and mandatory payments of debt obligations for the remainder of 2026, five succeeding years ending December 31 and thereafter are as follows:


(in millions)
Remainder of 2026	$	7
2027	28
2028	1,440
2029	28
2030	128
2031	3,434
Thereafter	—
Total gross maturities	5,065
Unamortized discounts	(48)
Total long-term debt and other	$	5,017