Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Current and Long-term Debt

Current debt consists of the following:

	June 30, 2020		December 31, 2019
5.750% senior notes due 2021	$	500	$	—
Current portion of collateralized facility		25		24
Term loan due 2020		—		292
	$	525	$	316

Long-term debt consists of the following:

	June 30, 2020		December 31, 2019
Revolving $1.25 billion credit facility	$	—	$	—
Collateralized facility (i)		44		60
5.750% senior notes due 2021		—		499
3.500% senior notes due 2021		448		448
2.125% senior notes due 2022 (ii)		605		604
4.625% senior notes due 2023		249		249
3.600% senior notes due 2024		647		646
4.400% senior notes due 2026		546		546
4.500% senior notes due 2028		595		595
2.950% senior notes due 2029		726		446
6.125% senior notes due 2043		271		271
5.050% senior notes due 2048		395		395
3.875% senior notes due 2049		542		542
	$	5,068	$	5,301

(i) At June 30, 2020 and December 31, 2019, the Company had $112 million and $127 million, respectively, of renewal commissions receivables pledged as collateral for this facility.

(ii) Notes issued in Euro (€540 million)