Commitments and Contingencies

9 Months Ended

Sep. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and ContingenciesThe Company is subject to various other legal or governmental proceedings, claims or investigations, including

personal injury, property damage, environmental, intellectual property, commercial, tax, and other matters arising in the

ordinary course of business, the resolution of which, in the opinion of management, will not have a material adverse effect on

our consolidated results of operations or consolidated financial position. There is inherent risk in any legal or governmental

proceeding, claim or investigation, and no assurance can be given as to the outcome of these proceedings.

Guarantee arrangements

In the normal course of business, we have in place agreements with financial institutions under which approximately

$2.9 billion of letters of credit, bank guarantees, or surety bonds were outstanding as of September 30, 2025. Some of the

outstanding letters of credit have triggering events that would entitle a bank to require cash collateralization. None of these off-

balance sheet arrangements has, nor is likely to have, a material effect on our consolidated financial statements.