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Benefit Obligations (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Contributions to Defined Contribution Plans
The amount of costs recognized for the Company's defined contribution plans are as follows:
Year Ended December 31,
202520242023
(In $ millions)
Defined contribution plans73 79 83 
Schedule of Company's Pension and Post Retirement Benefit Plans
Summarized information on the Company's pension and postretirement benefit plans is as follows:
Pension Benefits
As of December 31,		Postretirement Benefits
As of December 31,
2025202420252024
(In $ millions)
Change in Projected Benefit Obligation
Projected benefit obligation as of beginning of period2,738 2,923 34 40 
Service cost14 13 1 1 
Interest cost121 125 2 1 
Participant contributions3 — — — 
Plan amendments(1)
(9)— — — 
Net actuarial (gain) loss
20 (31)1 (1)
Settlements(17)(9)— — 
Benefits paid(229)(227)(5)(4)
Curtailments(3)(7)— (2)
Special termination benefits— 1 — — 
Exchange rate changes84 (50)2 (1)
Projected benefit obligation as of end of period2,722 2,738 35 34 
Change in Plan Assets
Fair value of plan assets as of beginning of period2,493 2,652 — — 
Actual return on plan assets194 66 — — 
Employer contributions49 50 5 4 
Participant contributions3 — — — 
Settlements(17)(9)— — 
Benefits paid(2)
(229)(227)(5)(4)
Exchange rate changes59 (39)— — 
Fair value of plan assets as of end of period2,552 2,493 — — 
Funded status as of end of period(170)(245)(35)(34)
Amounts Recognized in the Consolidated Balance Sheets Consist of:
Noncurrent Other assets159 135 — — 
Current Other liabilities(22)(22)(3)(3)
Benefit obligations(307)(358)(32)(31)
Net amount recognized(170)(245)(35)(34)
Amounts Recognized in Accumulated Other Comprehensive Income Consist of:
Net actuarial (gain) loss(3)
24 28 — — 
Prior service (benefit) cost(9)— (1)(1)
Net amount recognized15 28 (1)(1)
______________________________
(1)The Company's U.S. qualified defined benefit pension plan was amended effective January 1, 2026 resulting in a gain to be amortized into net periodic benefit cost ratably over the next five years.
(2)Includes benefit payments to nonqualified pension plans of $18 million and $19 million as of December 31, 2025 and 2024, respectively.
(3)Relates to the pension plans of the Company's equity method investments.
Schedule of Percentage of US and International Projected Benefit Obligation
The percentage of U.S. and international projected benefit obligation at the end of the period is as follows:
Pension Benefits
As of December 31,		Postretirement Benefits
As of December 31,
2025202420252024
(In percentages)
U.S. plans70 71 38 38 
International plans30 29 62 62 
Total100 100 100 100 
Schedule of Percentage of US and International Fair Value of Plan Assets
The percentage of U.S. and international fair value of plan assets at the end of the period is as follows:
Pension Benefits
As of December 31,
20252024
(In percentages)
U.S. plans72 74 
International plans28 26 
Total100 100 
Schedule of Pension Plans with Projected Benefit Obligations in Excess of Plan Assets
Pension plans with projected benefit obligations in excess of plan assets are as follows:
As of December 31,
20252024
(In $ millions)
Projected benefit obligation726 711 
Fair value of plan assets397 332 
Other postretirement plans with accumulated postretirement benefit obligations in excess of plan assets are as follows:
As of December 31,
20252024
(In $ millions)
Accumulated postretirement benefit obligation35 34 
Schedule of Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Pension plans with accumulated benefit obligations in excess of plan assets are as follows:
As of December 31,
20252024
(In $ millions)
Accumulated benefit obligation707 691 
Fair value of plan assets395 332 
Other postretirement plans with accumulated postretirement benefit obligations in excess of plan assets are as follows:
As of December 31,
20252024
(In $ millions)
Accumulated postretirement benefit obligation35 34 
Schedule of Accumulated Benefit Obligation for All Defined Benefit Pension Plans
The accumulated benefit obligation for all defined benefit pension plans is as follows:
As of December 31,
20252024
(In $ millions)
Accumulated benefit obligation2,695 2,706 
Schedule of Net Periodic Benefit Costs
The components of net periodic benefit cost are as follows:
Pension Benefits
Year Ended December 31,		Postretirement Benefits
Year Ended December 31,
202520242023202520242023
(In $ millions)
Service cost14 13 11 1 1 — 
Interest cost121 125 132 2 1 2 
Expected return on plan assets(130)(135)(132)— — — 
Recognized actuarial (gain) loss(46)38 63 1 (1)3 
Curtailment (gain) loss(3)(7)— — (2)— 
Settlement (gain) loss— — 1 — — — 
Special termination benefit— 1 — — — — 
Total(44)35 75 4 (1)5 
Schedule of Nonqualified Pension Plans Funded with Nonqualified Trusts
The Company maintains nonqualified pension plans funded with nonqualified trusts for certain U.S. employees as follows:
As of December 31,
20252024
(In $ millions)
Nonqualified Trust Assets
Marketable securities7 6 
Noncurrent Other assets, consisting of insurance contracts18 18 
Nonqualified Pension Obligations
Current Other liabilities17 18 
Benefit obligations130 136 
Schedule of Expense Related to Nonqualified Pension Plans Included in Net Periodic Benefit Cost, Excluding Returns on Assets
(Income) expense relating to the nonqualified pension plans included in net periodic benefit cost, excluding returns on the assets held by the nonqualified trusts, is as follows:
Year Ended December 31,
202520242023
(In $ millions)
Total11 6 16 
Schedule of Principal Weighted Average Assumptions Used to Determine Benefit Obligations and Benefit Cost
The principal weighted average assumptions used to determine benefit obligation are as follows:
Pension Benefits
As of December 31,		Postretirement Benefits
As of December 31,
2025202420252024
(In percentages)
Discount Rate Obligations
U.S. plans5.2 5.6 5.1 5.5 
International plans3.7 3.1 4.9 4.4 
Combined4.7 4.8 4.9 4.8 
Rate of Compensation Increase(1)
International plans2.9 3.1 
_____________________________
(1)Benefits under the Company's U.S. qualified defined benefit pension plan are frozen and the plan is closed to new participants.
The principal weighted average assumptions used to determine net periodic benefit cost are as follows:
Pension Benefits
Year Ended December 31,		Postretirement Benefits
Year Ended December 31,
202520242023202520242023
(In percentages)
Discount Rate Obligations
U.S. plans5.6 5.1 5.5 5.5 5.1 5.4 
International plans3.1 3.1 3.4 4.4 4.1 4.7 
Combined4.8 4.5 4.9 4.8 4.5 5.1 
Discount Rate Service Cost
U.S. plans(1)
N/AN/AN/A6.2 5.7 5.9 
International plans2.5 2.9 3.5 4.3 3.7 4.4 
Combined2.5 2.9 3.5 4.3 3.7 4.5 
Discount Rate Interest Cost
U.S. plans5.3 5.1 5.4 5.2 5.1 5.3 
International plans2.9 3.0 3.4 4.1 4.1 4.7 
Combined4.6 4.5 4.8 4.5 4.4 5.0 
Expected Return on Plan Assets
U.S. plans5.5 5.5 5.5 
International plans4.8 4.8 4.4 
Combined5.3 5.3 5.2 
Rate of Compensation Increase(1)
International plans3.1 2.8 2.8 
Interest Crediting Rate
U.S. plans4.5 4.1 4.3 
International plans1.3 1.4 1.0 
Combined4.3 4.0 4.3 
_____________________________
(1)Benefits under the Company's U.S. qualified defined benefit pension plan are frozen and the plan is closed to new participants.
Schedule of Health Care Cost Trend Rates
The Company's health care cost trend assumptions for U.S. postretirement medical plan's net periodic benefit cost are as follows:
As of December 31,
202520242023
(In percentages, except year)
Health care cost trend rate assumed for next year7.5 7.0 7.3 
Health care cost trend ultimate rate5.5 5.0 5.0 
Health care cost trend ultimate rate year203320322032
Schedule of Weighted Average Target Asset Allocations
The weighted average target asset allocations for the Company's pension plans in 2025 are as follows:
U.S.
Plans		International
Plans
(In percentages)
Bonds - domestic to plans84 34 
Equities - domestic to plans8 14 
Equities - international to plans8 19 
Other— 33 
Total100 100 
Schedule of Fair Values of Pension Plan Assets
Fair Value Measurement
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Total
As of December 31,
202520242025202420252024
(In $ millions)
Assets
Cash and cash equivalents14 12 — — 14 12 
Derivatives
Swaps— — 28 13 28 13 
Equity securities
U.S. companies98 26 — — 98 26 
International companies111 126 — — 111 126 
Fixed income
Corporate debt— — 630 624 630 624 
Treasuries, other debt54 47 1,035 1,008 1,089 1,055 
Mortgage backed securities— — 16 14 16 14 
Insurance contracts— — 118 109 118 109 
Other3 3 21 21 24 24 
Total investments, at fair value(1)
280 214 1,848 1,789 2,128 2,003 
Liabilities
Derivatives
Swaps— — 28 13 28 13 
Total liabilities— — 28 13 28 13 
Total net assets(2)
280 214 1,820 1,776 2,100 1,990 
______________________________
(1)The fair value of certain investments is measured using NAV per share. These investments are excluded from the fair value hierarchy as follows:
Year Ended December 31,
20252024
(In $ millions)
Pooled-type investments389 431 
Registered investment companies29 34 
Short-term investment funds24 35 
(2)Total net assets excludes non-financial plan receivables and payables of $11 million and $1 million, respectively, as of December 31, 2025 and $20 million and $17 million, respectively, as of December 31, 2024. Non-financial items include due to/from broker, interest receivables and accrued expenses.
Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
Total
Expected
2026
(In $ millions)
Cash contributions to defined benefit pension plans33 
Benefit payments to nonqualified pension plans17 
Benefit payments to other postretirement benefit plans3 
Schedule of Pension Benefits Expected to be Paid from the Plans or From the Company's Assets
Pension and postretirement benefits expected to be paid are as follows:
As of December 31, 2025
Pension
Benefit
Payments(1)
Company Portion
of Postretirement
Benefit Cost(2)
(In $ millions)
2026276 3 
2027235 3 
2028232 3 
2029229 2 
2030219 2 
2031-2035984 11 
______________________________
(1)Payments are expected to be made primarily from plan assets.
(2)Payments are expected to be made primarily from Company assets.