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Derivatives (Tables)
9 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and their Impact on Financial Condition

The following tabular disclosures further describe the Company’s interest rate derivatives qualifying and designated for hedge accounting and their impact on the financial condition of the Company (dollars in millions):

 

 

 

 

 

Fair Value

 

 

 

Balance Sheet Location

 

September 30,
2024

 

 

December 31,
2023

 

Derivative Assets:

 

 

 

 

 

 

 

 

Interest rate swaps

 

Other current assets

 

$

6

 

 

$

7

 

 

Other non-current assets

 

 

 

 

 

5

 

Total derivative assets

 

 

 

$

6

 

 

$

12