XML 75 R64.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt - Summary of Outstanding Debt (Details)
Sep. 30, 2022
USD ($)
Sep. 30, 2022
EUR (€)
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
EUR (€)
Principal outstanding          
Short-term debt $ 83,000,000     $ 75,000,000  
Total long-term debt 6,838,000,000     6,221,000,000  
Less current maturities (94,000,000)     (136,000,000)  
Total long-term debt, less current maturities 6,744,000,000     6,085,000,000  
Carrying amount          
Total long-term debt 6,803,000,000     6,187,000,000  
Less current maturities (94,000,000)     (135,000,000)  
Total long-term debt, less current maturities 6,709,000,000     6,052,000,000  
Line of Credit | Revolving Credit Facility          
Principal outstanding          
Total long-term debt 421,000,000     50,000,000  
Carrying amount          
Total long-term debt 421,000,000     50,000,000  
Senior Secured Borrowings | U.S. dollar due 2027          
Principal outstanding          
Total long-term debt 1,800,000,000        
Carrying amount          
Total long-term debt 1,791,000,000        
Senior Secured Borrowings | U.S. dollar due 2024          
Principal outstanding          
Total long-term debt 0     1,002,000,000  
Carrying amount          
Total long-term debt 0     997,000,000  
Senior Secured Borrowings | Euro due 2027          
Principal outstanding          
Total long-term debt 529,000,000        
Carrying amount          
Total long-term debt 529,000,000        
Senior Secured Borrowings | Euro due 2024          
Principal outstanding          
Total long-term debt 0     344,000,000  
Carrying amount          
Total long-term debt 0     344,000,000  
Debt, face amount | €   € 540,000,000     € 303,000,000
Senior Notes and Debentures | €335 at 2.250% due 2023          
Principal outstanding          
Total long-term debt 0     381,000,000  
Carrying amount          
Total long-term debt $ 0     380,000,000  
Debt, face amount | €   € 335,000,000      
Debt instrument, stated percentage 2.25% 2.25%      
Senior Notes and Debentures | €550 at 0.75% due 2023          
Principal outstanding          
Total long-term debt $ 0     626,000,000  
Carrying amount          
Total long-term debt $ 0     624,000,000  
Debt, face amount | €   € 550,000,000      
Debt instrument, stated percentage 0.75% 0.75%      
Senior Notes and Debentures | €600 at 2.625% due 2024          
Principal outstanding          
Total long-term debt $ 588,000,000     683,000,000  
Carrying amount          
Total long-term debt $ 586,000,000     680,000,000  
Debt, face amount | €   € 600,000,000      
Debt instrument, stated percentage 2.625% 2.625%      
Senior Notes and Debentures | €600 at 3.375% due 2025          
Principal outstanding          
Total long-term debt $ 588,000,000     683,000,000  
Carrying amount          
Total long-term debt $ 586,000,000     679,000,000  
Debt, face amount | €   € 600,000,000      
Debt instrument, stated percentage 3.375% 3.375%      
Senior Notes and Debentures | U.S. dollar at 4.25% due 2026          
Principal outstanding          
Total long-term debt $ 400,000,000     400,000,000  
Carrying amount          
Total long-term debt $ 397,000,000     396,000,000  
Debt instrument, stated percentage 4.25% 4.25%      
Senior Notes and Debentures | U.S. dollar at 4.75% due 2026          
Principal outstanding          
Total long-term debt $ 875,000,000     875,000,000  
Carrying amount          
Total long-term debt $ 869,000,000     867,000,000  
Debt instrument, stated percentage 4.75% 4.75%      
Senior Notes and Debentures | U.S. dollar at 7.375% due 2026          
Principal outstanding          
Total long-term debt $ 350,000,000     350,000,000  
Carrying amount          
Total long-term debt $ 348,000,000     348,000,000  
Debt instrument, stated percentage 7.375% 7.375%      
Senior Notes and Debentures | €500 at 2.875% due 2026          
Principal outstanding          
Total long-term debt $ 491,000,000     570,000,000  
Carrying amount          
Total long-term debt $ 487,000,000     565,000,000  
Debt, face amount | €   € 500,000,000      
Debt instrument, stated percentage 2.875% 2.875%      
Senior Notes and Debentures | U.S. dollar at 5.25% due 2030          
Principal outstanding          
Total long-term debt $ 500,000,000     0  
Carrying amount          
Total long-term debt $ 493,000,000     0  
Debt, face amount     $ 500,000,000    
Debt instrument, stated percentage 5.25% 5.25% 5.25%    
Senior Notes and Debentures | U.S. dollar at 7.50% due 2096          
Principal outstanding          
Total long-term debt $ 40,000,000     40,000,000  
Carrying amount          
Total long-term debt $ 40,000,000     40,000,000  
Debt instrument, stated percentage 7.50% 7.50%      
Other Indebtedness, Fixed Rate          
Principal outstanding          
Total long-term debt $ 256,000,000     217,000,000  
Carrying amount          
Total long-term debt $ 256,000,000     $ 217,000,000