Organization, Consolidation and Presentation of Financial Statements (Policies)

12 Months Ended

Dec. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Immaterial Revision of Prior Period Financial Statements

Immaterial Revision of Prior Period Financial Statements

During the year ended December 31, 2025, the Company identified immaterial errors in the estimate of the rebates accrual for certain distributors included in Customer rebates (Note 10) and prepaid insurance included in Current Other assets, respectively. The Company evaluated the errors, both quantitatively and qualitatively, and concluded that the impact of these errors is not material to any previously issued annual or interim consolidated financial statements for the impacted periods and is not material to the current periods if left uncorrected; however, to promote the consistency and comparability of the financial statements, the Company has voluntarily revised previously reported financial information.

The Company corrected these errors in the consolidated balance sheets as of December 31, 2024, decreasing Retained earnings by $46 million, increasing total liabilities by $27 million and decreasing Total assets by $19 million. No single line item in the consolidated statements of operations was impacted by more than $14 million for each of the years ended December 31, 2024 and 2023.