v3.26.3
Fair Value (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table sets forth, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis as of September 30, 2026 and December 31, 2025 (in millions):

 

 

 

September 30,
2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Investments in equity securities

 

$

84

 

 

$

84

 

 

$

—

 

 

$

—

 

Available-for-sale debt securities

 

 

244

 

 

 

—

 

 

 

244

 

 

 

—

 

Trading securities

 

 

5

 

 

 

—

 

 

 

5

 

 

 

—

 

Total assets

 

$

333

 

 

$

84

 

 

$

249

 

 

$

—

 

 

 

 

 

December 31,
2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Investments in equity securities

 

$

79

 

 

$

79

 

 

$

—

 

 

$

—

 

Available-for-sale debt securities

 

 

226

 

 

 

—

 

 

 

226

 

 

 

—

 

Trading securities

 

 

5

 

 

 

—

 

 

 

5

 

 

 

—

 

Total assets

 

$

310

 

 

$

79

 

 

$

231

 

 

$

—