Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Details)

v3.26.1
Long-Term Debt (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Debt Instrument    
Outstanding principal $ 4,989  
Deferred financing costs (24) $ (25)
Total debt 5,021 5,100
Debt classified as current (53) (52)
Total long-term debt $ 4,968 $ 5,048
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 550 $ 597
Other Debt Obligations    
Debt Instrument    
Outstanding principal 23  
Long term debt 23 24
Formula 1 | Formula 1 Senior Loan Facilities    
Debt Instrument    
Outstanding principal 3,340  
Long term debt 3,321 3,331
MotoGP | MotoGP Credit Facilities    
Debt Instrument    
Outstanding principal 1,151  
Long term debt $ 1,151 $ 1,173