Pension and Other Post-Retirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2025

Pension and Other Post-Retirement Benefit Plans

Components of net periodic benefit cost (credit)

	U.S. and Non-U.S. Pension Benefits
	Year Ended December 31,
	2025		2024		2023
	(in millions)
Interest cost	$	6	$	6	$	6
Expected return on plan assets		(5)		(5)		(5)
Amortization of actuarial losses		—		—		0
	$	1	$	1	$	1

Changes in benefit obligations and plan assets, and funded status of plans

	U.S. and Non-U.S. Pension Benefits
	2025		2024
	(in millions)
Change in benefit obligation:
Benefit obligation, beginning of year	$	109	$	116
Interest cost		6		6
Benefits paid		(8)		(9)
Actuarial loss (gain)		—		(2)
Currency translation		3		(2)
Benefit obligation, end of year		110		109
Change in plan assets:
Fair value of plan assets, beginning of year		88		89
Actual return on plan assets		8		4
Employer contributions		3		4
Benefits paid		(8)		(9)
Fair value of plan assets, end of year		91		88
Funded status of the plan and amounts recognized in the consolidated balance sheets	$	(19)	$	(21)

Defined benefit plan assets measured at fair value on a recurring basis

	December 31, 2025						December 31, 2024
	Level 1		Level 2		Total		Level 1		Level 2		Total
	(in millions)
U.S. and Non-U.S. Plans:
Cash and cash equivalents	$	3	$	—	$	3	$	2	$	—	$	2
Government debt securities		6		55		61		1		56		57
Exchange traded funds		—		—		—		—		—		—
Mutual funds		—		—		—		—		—		—
Common stock		27		—		27		29		—		29
	$	36	$	55	$	91	$	32	$	56	$	88