Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Debt Outstanding

Debt outstanding consisted of the following (in millions):

	Maturity Date	June 30, 2025		December 31, 2024
Seventh Incremental Term Loans(1)	August 31, 2028	$	2,015	$	—
Sixth Incremental Term Loans(2)	August 31, 2028	—		2,025
$330 million Revolving Credit Facility, Amended	May 31, 2030	—		—
Total debt, net		2,015		2,025
Less: current portion of long-term debt, net		(20)		(25)
Total long-term debt, net		$	1,995	$	2,000

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(1)The net balance for the Seventh Incremental Term Loans included unamortized debt issuance costs at June 30, 2025 of approximately $6 million.

(2)The net balance for the Sixth Incremental Term Loans included unamortized debt issuance costs at December 31, 2024 of approximately $6 million.

Schedule of Aggregate Remaining Contractual Principal Payments

Aggregate remaining contractual principal payments as of June 30, 2025 are as follows (in millions):

2025 (July - December)	$	10
2026	20
2027	20
2028	1,970
Total payments	$	2,020