v3.25.4
Marketable Securities (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Securities, Available-for-Sale [Abstract]  
Schedule of Marketable Securities The following is a summary of amounts recorded on the Consolidated Balance Sheet for marketable securities (current and non-current).
(Millions)December 31, 2025December 31, 2024
Corporate debt
$302 $850 
Commercial paper191 658 
U.S. government and treasury securities
53 407 
Asset backed securities and certificates of/time deposits
148 209 
U.S. municipal securities4 4 
Current marketable securities698 2,128 
U.S. municipal securities12 16 
Non-current marketable securities12 16 
Total marketable securities$710 $2,144 
Schedule of Marketable Securities by Contractual Maturity
The balances at December 31, 2025 for marketable securities by contractual maturity are shown below. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
(Millions) 
Due in one year or less $599 
Due after one year through five years 111 
Total marketable securities $710