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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
A summary of long-term debt at December 31, including related interest rates at December 31, 2019, follows (dollars in millions):
                 
 
2019
 
 
2018
 
Senior secured asset-based revolving credit facility (effective interest rate of 3.0%)
 
$
2,480
 
  $
3,040
 
Senior secured revolving credit facility
 
 
 
   
 
Senior secured term loan facilities (effective interest rate of 3.3%)
 
 
3,725
 
   
3,801
 
Senior secured notes (effective interest rate of 5.1%)
 
 
13,850
 
   
13,800
 
Other senior secured debt (effective interest rate of 5.4%)
 
 
654
 
   
585
 
                 
Senior secured debt
 
 
20,709
 
   
21,226
 
Senior unsecured notes (effective interest rate of 6.3%)
 
 
13,252
 
   
11,752
 
Net debt issuance costs
 
 
(239
)
   
(157
)
                 
Total debt (average life of
8.6
years, rates averaging
5.2
%)
 
 
33,722
 
   
32,821
 
Less amounts due within one year
 
 
145
 
   
788
 
                 
 
$
33,577
 
  $
32,033