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Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Debt Profile

DEBT PROFILE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

PRINCIPAL AMOUNT BY EXPECTED MATURITY
(dollars in millions)

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

Thereafter

 

 

long-
term

 

 

Total

 

 

Bonds

 

$

 

 

$

565

 

 

$

297

 

 

$

 

 

$

285

 

 

$

185

 

 

$

1,332

 

 

$

1,332

 

 

Loans

 

 

332

 

 

 

 

 

 

 

 

 

332

 

 

 

 

 

 

 

 

 

332

 

 

 

664

 

 

Commercial papers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other short-term debt

 

 

14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

14

 

 

Total principal amount

 

$

346

 

 

$

565

 

 

$

297

 

 

$

332

 

 

$

285

 

 

$

185

 

 

$

1,664

 

 

$

2,010

 

1)

 

1) The difference between reported total debt and total principal amount is mainly related to capitalized debt issuance costs.