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Financial Instruments and Fair Value Measurements - Schedule of Aggregate Principal and Fair Value Amount of Outstanding 2025 Senior Notes and 2026 Senior Notes (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Carrying value amount $ 840 $ 839
Level 2 | 2025 Senior Notes    
Debt Instrument [Line Items]    
Aggregate principal amount 500 500
Carrying value amount [1] 497 497
Fair value amount [2] 502 502
Level 2 | 2026 Senior Notes    
Debt Instrument [Line Items]    
Aggregate principal amount 345 345
Carrying value amount [3] 343 342
Fair value amount [2] $ 323 $ 304
[1] Net of $3 million of unamortized debt issuance costs as of both March 31, 2024 and December 31, 2023.
[2] We estimate the fair value of the 2025 Senior Notes and 2026 Senior Notes based on recently reported market transactions and/or prices for identical or similar financial instruments obtained from a third-party pricing source.
[3] Net of $2 million and $3 million of unamortized debt issuance costs as of March 31, 2024 and December 31, 2023, respectively.