Annual report [Section 13 and 15(d), not S-K Item 405]

Debt (Details)

v3.25.4
Debt (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Aug. 12, 2022
Debt Instrument      
Outstanding principal $ 5,022    
Deferred financing costs (25) $ (6)  
Total debt 5,100 2,992  
Debt classified as current (52) (26)  
Total long-term debt $ 5,048 2,966  
2.25% Convertible Senior Notes due 2027      
Debt Instrument      
Debt instrument interest rate (as a percent) 2.25%   2.25%
Outstanding principal $ 475    
Long term debt 597 588  
Other Debt Obligations      
Debt Instrument      
Outstanding principal 24    
Long term debt 24 53  
Formula 1 | Formula 1 Senior Loan Facilities      
Debt Instrument      
Outstanding principal 3,350    
Long term debt 3,331 $ 2,357  
MotoGP | MotoGP Credit Facilities      
Debt Instrument      
Outstanding principal 1,173    
Long term debt $ 1,173