Long-Term Debt (Details) - USD ($) $ in Millions |
Sep. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Debt Instrument | ||
| Outstanding principal | $ 5,529 | |
| Deferred financing costs | (23) | $ (25) |
| Total debt | 5,528 | 5,100 |
| Debt classified as current | (635) | (52) |
| Total long-term debt | $ 4,893 | $ 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 | $ 557 | $ 597 |
| 2.375% Convertible Senior Notes due 2032 | ||
| Debt Instrument | ||
| Debt instrument interest rate (as a percent) | 2.375% | |
| Outstanding principal | $ 690 | |
| Long term debt | 647 | |
| Other Debt Obligations | ||
| Debt Instrument | ||
| Outstanding principal | 21 | |
| Long term debt | 21 | 24 |
| Formula 1 | Formula 1 Senior Loan Facilities | ||
| Debt Instrument | ||
| Outstanding principal | 3,319 | |
| Long term debt | 3,302 | 3,331 |
| MotoGP | MotoGP Credit Facilities | ||
| Debt Instrument | ||
| Outstanding principal | 1,024 | |
| Long term debt | $ 1,024 | $ 1,173 |
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- Definition Amount, after unamortized (discount) premium, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. No definition available.
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- Definition Amount of debt and lease obligation, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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