Estimated Fair Value Measurements

(In millions)

Carrying
Value

Quote
Prices
in Active
Markets
(Level 1)

Significant
Other
Observable
Inputs
(Level 2)

Significant
Unobservable
Inputs
(Level 3)

As of December 31, 2024:

Marketable securities

$

15

$

6

$

9

$

—

Other assets

3

—

3

—

Long-term marketable securities

38

2

36

—

Total assets

$

56

$

8

$

48

$

—

Other long-term liabilities

$

3

$

—

$

3

$

—

Total liabilities

$

3

$

—

$

3

$

—

As of December 31, 2023:

Prepaid expenses and other current assets

$

5

$

—

$

5

$

—

Other assets

2

—

2

—

Total assets

$

7

$

—

$

7

$

—