Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

A summary of long-term debt at June 30, 2024 and December 31, 2023, including related interest rates at June 30, 2024, follows (dollars in millions):

	June 30, 2024			December 31, 2023
Senior secured asset-based revolving credit facility (effective interest rate of 6.7%)	$	850		$	1,880
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 6.8%)		1,275			1,313
Other senior secured debt (effective interest rate of 4.2%)		1,010			967
Senior secured debt		3,135			4,160
Senior unsecured notes (effective interest rate of 5.1%)		38,116			35,766
Debt issuance costs and discounts		(371	)		(333	)
Total debt (average life of 10.8 years, rates averaging 5.1%)		40,880			39,593
Less amounts due within one year		4,574			2,424
	$	36,306		$	37,169