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Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Debt Profile

DEBT PROFILE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

PRINCIPAL AMOUNT BY EXPECTED MATURITY

(dollars in millions)

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

Thereafter

 

 

long-

term

 

 

Total

 

 

Bonds

 

$

275

 

 

$

 

 

$

613

 

 

$

297

 

 

$

 

 

$

470

 

 

$

1,380

 

 

$

1,655

 

 

Loans

 

 

 

 

 

366

 

 

 

 

 

 

 

 

 

366

 

 

 

 

 

 

732

 

 

 

732

 

 

Commercial papers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other short-term debt

 

 

27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27

 

 

Total principal amount

 

$

302

 

 

$

366

 

 

$

613

 

 

$

297

 

 

$

366

 

 

$

470

 

 

$

2,112

 

 

$

2,414

 

1)

 

1)

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