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Debt (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Summary of Outstanding Debt The Company's outstanding debt was as follows:
June 30, 2020December 31, 2019
PrincipalCarryingPrincipalCarrying
outstandingamountoutstandingamount
Short-term debt$131  $131  $75  $75  
Long-term debt
Senior secured borrowings:
Revolving credit facilities121  121  —  —  
Term loan facilities
U.S. dollar at LIBOR + 1.5% due 20241,086  1,079  1,100  1,094  
Euro at EURIBOR + 1.5% due 20241
499  499  505  504  
Senior notes and debentures:
€650 at 4.0% due 2022730  727  729  725  
U. S. dollar at 4.50% due 20231,000  996  1,000  995  
€335 at 2.25% due 2023376  372  376  372  
€500 at 0.75% due 2023618  613  617  610  
€600 at 2.625% due 2024674  670  673  668  
€600 at 3.375% due 2025674  669  673  667  
U.S. dollar at 4.25% due 2026400  395  400  395  
U.S. dollar at 4.75% due 2026875  864  875  863  
U.S. dollar at 7.375% due 2026350  348  350  348  
€500 at 2.875% due 2026561  554  561  554  
U.S. dollar at 7.50% due 209640  40  40  40  
Other indebtedness in various currencies124  124  45  45  
Total long-term debt8,128  8,071  7,944  7,880  
Less current maturities(72) (72) (62) (62) 
Total long-term debt, less current maturities$8,056  $7,999  $7,882  $7,818  
(1) €444 and €450 at June 30, 2020 and December 31, 2019