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Summary of Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of Depreciable Assets
The carrying amount of significant balances associated with Fairway included in the consolidated balance sheets is as follows:
As of December 31,
20252024
(In $ millions)
Property, plant and equipment, net452 491 
Total assets(1)
543 574
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(1)Joint venture assets can only be used to settle the obligations of Fairway.
Depreciation is calculated on a straight-line basis over the following estimated useful lives of depreciable assets:
Land improvements20 years
Buildings and improvements30 years
Machinery and equipment20 years
Leasehold improvements are amortized over 10 years or the remaining life of the respective lease, whichever is shorter.