Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of Changes in Asset Retirement Obligations

The following shows the changes in asset retirement obligations:

years ended December 31 (in millions)	2025			2024			2023
Balance at beginning of year	$	429		$	397		$	380
Accretion expense		11			11			11
Liabilities incurred and liabilities assumed in business combinations		2			12			34
Liabilities settled		(8	)		(2	)		(28	)
Revisions in estimated cash flows		(81	)		9			(13	)
Liabilities reclassified from assets held for sale		—			2			13
Balance at end of year	$	353		$	429		$	397

Schedule of Contractual Purchase Commitments

The Company’s contractual purchase commitments as of December 31, 2025 are as follows:

(in millions)
2026	$	174
2027		31
2028		13
2029		11
2030		12
Thereafter		32
Total	$	273

Schedule of Future Minimum Contracts of Affreightment and Royalty Commitments for All Noncancelable Agreements

Future minimum contracts of affreightment and royalty commitments for all noncancelable agreements that are not accounted for as leases on the Company’s consolidated balance sheet as of December 31, 2025 are as follows:

(in millions)	Contracts of Affreightment		Royalty Commitments
2026	$	17	$	30
2027		18		17
2028		—		16
2029		—		13
2030		—		12
Thereafter		—		81
Total	$	35	$	169