Debt (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of of Outstanding Debt

	September 30, 2023				December 31, 2022
	Principal		Carrying		Principal		Carrying
	outstanding		amount		outstanding		amount
Short-term debt	$	51	$	51	$	76	$	76
Long-term debt
Senior secured borrowings:
Revolving credit facilities	—		—		329		329
Term loan facilities
U.S. dollar due 2027	1,789		1,782		1,800		1,792
Euro due 20271	567		567		578		578
Senior notes and debentures:
€600 at 2.625% due 2024	634		633		642		640
€600 at 3.375% due 2025	634		633		642		640
U.S. dollar at 4.25% due 2026	400		398		400		397
U.S. dollar at 4.75% due 2026	875		870		875		869
U.S. dollar at 7.375% due 2026	350		349		350		348
€500 at 5.000% due 2028	529		521		—		—
€500 at 2.875% due 2026	529		527		536		532
U.S. dollar at 5.25% due 2030	500		494		500		494
U.S. dollar at 7.50% due 2096	40		40		40		40
Other indebtedness in various currencies	200		200		242		242
Total long-term debt	7,047		7,014		6,934		6,901
Less current maturities	(774)		(774)		(109)		(109)
Total long-term debt, less current maturities	$	6,273	$	6,240	$	6,825	$	6,792

(1) €537 and €540 at September 30, 2023 and December 31, 2022