Interest Expense

3 Months Ended

Mar. 31, 2026

Interest Expense, Operating and Nonoperating [Abstract]

Interest Expense

Details of interest expense are as follows:

	Three months ended   March 31,
	2026		2025
	(in millions)
Interest on borrowings(1)	$	42	$	37
Fees on financing agreements and other(1)	2		2
Interest on tax liabilities	1		—
Interest capitalized	(6)		(2)
Total interest expense	$	39	$	37

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(1)See Note 10—Financing Agreements for additional information.