IMPAIRMENT AND RESTRUCTURING CHARGES

3 Months Ended

Sep. 30, 2026

Restructuring and Related Activities [Abstract]

IMPAIRMENT AND RESTRUCTURING CHARGES

NOTE 3. IMPAIRMENT AND RESTRUCTURING CHARGES

During the three months ended September 30, 2026 and 2025, the Company recorded impairment and restructuring charges of $20 million and $19 million, respectively.

Changes in restructuring program liabilities were as follows:

	For the three months ended September 30,
	2026						2025
	One time employee termination benefits		Other costs		Total		One time employee termination benefits		Other costs		Total
	(in millions)
Balance, beginning of period	$	29	$	39	$	68	$	42	$	46	$	88
Additions	19		1		20		14		—		14
Payments	(28)		(2)		(30)		(23)		(1)		(24)
Other	—		—		—		4		1		5
Balance, end of period	$	20	$	38	$	58	$	37	$	46	$	83

As of September 30, 2026, restructuring liabilities of $25 million were included in the Balance Sheet in Other current liabilities and $33 million were included in Other non-current liabilities.