LONG-TERM DEBT, NET (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt by Types and Interest Rates (Includes Current Portion)

The following table lists our long-term debt by types and interest rates at the end of our last two years and includes the current portion.

Long-Term Debt by Types and Interest Rates (Includes Current Portion)

DOLLAR AMOUNTS IN MILLIONS
	DECEMBER 31,  2024			DECEMBER 31, 2023
8.50% debentures due 2025	$	139		$	139
7.95% debentures due 2025		71			71
7.70% debentures due 2026		150			150
7.35% debentures due 2026		62			62
7.85% debentures due 2026		60			60
4.75% notes due 2026		750			750
6.95% debentures due 2027		300			300
Variable-rate term loan matures 2028		250			250
4.00% notes due 2029		750			750
4.00% notes due 2030		750			750
7.375% debentures due 2032		657			657
6.875% debentures due 2033		275			275
3.375% debentures due 2033		450			450
4.00% debentures due 2052		450			450
Other		1			1
Total principal long-term debt		5,115			5,115
Less: unamortized discounts		(32	)		(37	)
Less: unamortized debt expense		(7	)		(9	)
Total	$	5,076		$	5,069
Principal due within one year	$	210		$	—

Amounts of Long-Term Debt Due Annually for the Next Five Years and Thereafter

Amounts of Long-Term Debt Due Annually for the Next Five Years and Thereafter

DOLLAR AMOUNTS IN MILLIONS (1)
2025	$	210
2026	$	1,022
2027	$	300
2028	$	250
2029	$	750
Thereafter	$	2,583

(1)Excludes $39 million of unamortized discounts and capitalized debt expense.