Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Swap Agreements That Will Fix the Floating Interest Rates Associated With Its Term Loan

The Company has utilized swap agreements that will fix the floating interest rates associated with its Term Loan as shown in the following table:

Designation Date	Effective Date	Initial Notional Amount		Notional Amount Outstanding as of September 30, 2025		Fixed Rate		Expiration Date
March 2022	June 2025	$	1,197,000,000	$	1,197,000,000	2.5540	%	December 2026
March 2023	March 2023	$	150,000,000	$	150,000,000	3.9025	%	December 2026
March 2023	March 2023	$	150,000,000	$	150,000,000	3.9100	%	December 2026

Schedule of Fair Values and Location of Outstanding Derivative Instruments Recorded in the Condensed Consolidated Balance Sheets

The fair values and location of outstanding derivative instruments recorded in the Condensed Consolidated Balance Sheets are as follows (in millions):

	September 30, 2025		December 31, 2024
Assets
Other current assets	$	8	$	23
Other assets	1		8
Total	$	9	$	31
Liabilities
Other current liabilities	$	1	$	—
Other liabilities	—		—
Total	$	1	$	—