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Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
June 30, 2024December 31, 2023
5.125% Notes, due 2024(1)
$205 $205 
6.875% Notes, due 2025(2)
577 600 
USD Term Loan Facility, due 2026200 200 
JPY Term Loan Facility, due 2026185 211 
5.900% Notes, due 2027
625 625 
6.750% Bonds, due 2028
300 300 
3.000% Notes, due 2029
700 700 
5.950% Notes, due 2037
625 625 
4.750% Iowa Finance Authority Loan, due 2042
250 250 
Other, net(3)
(8)(10)
3,659 3,706 
Less: amount due within one year782 206 
Total long-term debt$2,877 $3,500 
 
(1)On July 1, 2024, the Company completed the early redemption of all the remaining outstanding principal amount of $205 of its 5.125% Notes, due in October 2024 (the “5.125% Notes”).
(2)The 6.875% Notes, due 2025 (the “6.875% Notes”) are due in May 2025.
(3)Includes unamortized debt discounts and unamortized debt issuance costs related to outstanding notes and bonds listed in the table above and various financing arrangements related to subsidiaries.