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Debt (Tables)
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
September 30, 2024December 31, 2023
5.125% Notes, due 2024
$— $205 
6.875% Notes, due 2025
— 600 
USD Term Loan Facility, due 2026200 200 
JPY Term Loan Facility, due 2026208 211 
5.900% Notes, due 2027
625 625 
6.750% Bonds, due 2028
300 300 
3.000% Notes, due 2029
700 700 
4.850% Notes, due 2031(1)
500 — 
5.950% Notes, due 2037
625 625 
4.750% Iowa Finance Authority Loan, due 2042
250 250 
Other, net(2)
(14)(10)
3,394 3,706 
Less: amount due within one year206 
Total long-term debt$3,393 $3,500 
 
(1)The Company entered into a cross-currency swap to synthetically convert the 2031 Notes into a Euro liability of approximately €458 million with a fixed annual interest rate of 3.720%.
(2)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.