Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt

Long-term Debt

	March 31,		December 31,		March 31,
	2021		2020		2020
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	292	$	—	$	817
Term Loans:
Term Loan A		1,068		1,067		1,477
Other secured debt		110		99		330
Senior Notes:
4.875%, due 2021 (€118 million at March 31, 2020)						130
5.00%, due 2022						497
4.00%, due 2023		308		307		307
5.875%, due 2023		692		692		689
3.125%, due 2024 (€725 million)		866		914		813
6.375%, due 2025		296		296		296
5.375%, due 2025		298		298		297
2.875%, due 2025 (€500 million)		579		607		543
6.625%, due 2027		692		692
Finance leases		102		108		84
Other		6		7		13
Total long-term debt		5,309		5,087		6,293
Less amounts due within one year		141		142		178
Long-term debt	$	5,168	$	4,945	$	6,115

Fair values of the Company's significant fixed rate debt obligations

	Principal		Indicated Market
	Amount		Price Per $		Fair Value
Senior Notes:
5.875%, due 2023	$	700	$	107.18	$	750
4.00%, due 2023		310		102.87		319
3.125%, due 2024 (€725 million)		849		103.62		880
6.375%, due 2025		300		111.61		335
5.375%, due 2025		300		105.69		317
2.875%, due 2025 (€500 million)		585		101.27		592
6.625%, due 2027		700		108.75		761