Quarterly report [Sections 13 or 15(d)]

Financial Instruments and Fair Value Measurements (Tables)

v3.25.1
Financial Instruments and Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of fair value, assets and liabilities measured on recurring basis
The Company's assets and liabilities measured or disclosed at fair value were as follows:
Fair value measurements at March 31, 2025
(in millions) Total Quoted prices
in active
markets for
identical
assets
(Level 1)
Significant
other
observable
inputs
(Level 2)
Cash equivalents $ 18  18  — 
Debt 3,000  286  2,714 

Fair value measurements at December 31, 2024
(in millions) Total Quoted prices
in active
markets for
identical
assets
(Level 1)
Significant
other
observable
inputs
(Level 2)
Cash equivalents $ 52  52  — 
Debt 3,137  344  2,793