Long-Term Obligations (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule Of Long-Term Obligations

Long-term obligations consist of the following (in millions):

		September 30, 2023					December 31, 2022
	Maturity Date	Interest Rate			Amount		Interest Rate			Amount
Senior Unsecured Credit Agreement:
Term loans payable	January 2026	6.79	%		$	500	—	%		$	—
Revolving credit facilities	January 2028	6.07	%	(1)	1,046		—	%		—
Senior Secured Credit Agreement:
Revolving credit facilities	January 2024	—	%		—		4.24	%	(1)	1,786
Senior Unsecured Term Loan Agreement:
Term loans payable	July 2026	6.75	%		516		—	%		—
Unsecured Senior Notes:
U.S. Notes (2028)	June 2028	5.75	%		800		—	%		—
U.S. Notes (2033)	June 2033	6.25	%		600		—	%		—
Euro Notes (2024)	April 2024	3.88	%		529		3.88	%		535
Euro Notes (2028)	April 2028	4.13	%		264		4.13	%		268
Notes payable	Various through October 2030	3.85	%	(1)	16		3.25	%	(1)	16
Finance lease obligations		4.76	%	(1)	73		3.69	%	(1)	48
Other debt		3.64	%	(1)	25		2.28	%	(1)	9
Total debt					4,369					2,662
Less: long-term debt issuance costs and unamortized bond discount					(32)					(6)
Total debt, net of debt issuance costs and unamortized bond discount					4,337					2,656
Less: current maturities, net of debt issuance costs					(574)					(34)
Long term debt, net of debt issuance costs and unamortized bond discount					$	3,763				$	2,622

(1) Interest rate derived via a weighted average