v3.26.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
September 30, 2026December 31, 2025
JPY Term Loan Facility, due 2026$— $191 
6.750% Bonds, due 2028(1)
300 300 
3.750% Notes, due 2028
400 — 
3.000% Notes, due 2029
700 700 
3.900% Notes, due 2029
300 — 
4.850% Notes, due 2031(2)
500 500 
4.550% Notes, due 2032
500 500 
4.750% Notes, due 2036
500 — 
5.950% Notes, due 2037
625 625 
4.750% Iowa Finance Authority Loan, due 2042
250 250 
Short-term borrowings390 — 
Other, net(3)
(22)(16)
4,443 3,050 
Less: amounts due within one year391 191 
Total long-term debt$4,052 $2,859 
(1)The Company entered into a cross-currency swap to synthetically convert the 6.750% Bonds due 2028 (the “2028 Bonds”) into a Japanese Yen liability of approximately ¥47,760 million with a fixed annual interest rate of 3.880%.
(2)The Company entered into a cross-currency swap to synthetically convert the 4.850% Notes due 2031 (the “2031 Notes”) into a Euro liability of approximately €458 million with a fixed annual interest rate of 3.720%.
(3)Includes unamortized debt discounts and unamortized debt issuance costs related to outstanding notes and bonds listed in the table above and various financing arrangements related to subsidiaries.