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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
Fair values of financial instruments on the condensed consolidated balance sheets:
March 31, 2026
(in millions)Level 1Level 2Total
Marketable securities
U.S. government and agency securities$315 $— $315 
Equity mutual funds— 
Asset-backed securities— 245 245 
Mortgage-backed securities— 186 186 
Corporate notes and bonds— 552 552 
Municipal securities and other— 11 11 
Total Marketable securities$323 $994 $1,317 
December 31, 2025
(in millions)Level 1Level 2Total
Marketable securities
U.S. government and agency securities$371 $— $371 
Equity mutual funds— 
Asset-backed securities— 231 231 
Mortgage-backed securities— 211 211 
Corporate notes and bonds— 663 663 
Municipal securities and other
— 12 12 
Total Marketable securities$379 $1,117 $1,496 
Fixed-rate debt on the condensed consolidated balance sheets and the estimated fair value of long-term fixed-rate debt:
(in millions)March 31, 2026December 31, 2025
Fixed-rate debt$2,227 $2,761 
Estimated fair value$2,207 $2,756 
Schedule of Debt Investment Maturities
Maturities for marketable securities:
March 31, 2026 (in millions)
Cost BasisFair Value
Due in one year or less$240 $240 
Due after one year through five years916 915 
Due after five years through ten years153 152 
Due after ten years
No maturity date
Total$1,316 $1,317