Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

A summary of long-term debt at September 30, 2023 and December 31, 2022, including related interest rates at September 30, 2023, follows (dollars in millions):

	September 30, 2023			December 31, 2022
Senior secured asset-based revolving credit facility (effective interest rate of 6.7%)	$	1,480		$	2,900
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 6.8%)		1,331			1,880
Other senior secured debt (effective interest rate of 4.0%)		974			953
Senior secured debt		3,785			5,733
Senior unsecured notes (effective interest rate of 5.0%)		35,902			32,652
Debt issuance costs and discounts		(341	)		(301	)
Total debt (average life of 9.6 years, rates averaging 5.1%)		39,346			38,084
Less amounts due within one year		2,553			370
	$	36,793		$	37,714