XML 40 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt (Tables)
9 Months Ended
Sep. 30, 2022
Debt  
Long-term Debt

September 30,

December 31,

September 30,

    

2022

    

2021

    

2021

Secured Credit Agreement:

Revolving Credit Facility:

Revolving Loans

$

$

$

Term Loans:

Term Loan A

1,444

Previous Secured Credit Agreement:

Revolving Credit Facility:

Revolving Loans

Term Loans:

Term Loan A

923

1,068

Other secured debt

Senior Notes:

4.00%, due 2023

308

5.875%, due 2023

249

695

694

3.125%, due 2024 (€725 million)

674

826

854

6.375%, due 2025

298

297

297

5.375%, due 2025

299

298

298

2.875%, due 2025 (€500 million)

487

561

574

6.625%, due 2027

606

693

693

4.750%, due 2030

396

395

Finance leases

103

98

99

Other

 

4

5

5

Total long-term debt

 

4,560

 

4,791

4,890

Less amounts due within one year

 

280

38

37

Long-term debt

$

4,280

$

4,753

$

4,853

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

Principal

Indicated Market

    

Amount

    

Price

    

Fair Value

Senior Notes:

5.875%, due 2023

$

250

$

99.61

$

249

3.125%, due 2024 (€725 million)

711

93.17

662

6.375%, due 2025

300

94.40

283

5.375%, due 2025

300

92.89

279

2.875%, due 2025 (€500 million)

490

90.16

442

6.625%, due 2027

612

90.45

554

4.750% due 2030

400

79.94

320