XML 66 R49.htm IDEA: XBRL DOCUMENT v3.24.3
Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Sep. 05, 2024
USD ($)
Apr. 30, 2024
USD ($)
Feb. 05, 2024
USD ($)
Jun. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Jun. 30, 2020
USD ($)
Oct. 31, 2024
USD ($)
Oct. 31, 2023
USD ($)
Jul. 31, 2024
USD ($)
Debt Instrument [Line Items]                  
Net carrying value of debt             $ 6,124,000,000   $ 6,038,000,000
Line of Credit | Revolving Credit Facility | Subsidiary                  
Debt Instrument [Line Items]                  
Secured revolving credit facilities             670,000,000   585,000,000
The Senior Unsecured Notes | Senior Unsecured Notes                  
Debt Instrument [Line Items]                  
Proceeds from issuance           $ 1,980,000,000      
Unamortized discount           2,000,000      
Debt issuance costs           $ 15,000,000      
Net carrying value of debt             1,500,000,000    
Interest paid             0 $ 0  
Redemption price (in percent)           101.00%      
The 2023 Senior Unsecured Notes | Senior Unsecured Notes                  
Debt Instrument [Line Items]                  
Proceeds from issuance         $ 3,960,000,000        
Unamortized discount         20,000,000        
Debt issuance costs         $ 24,000,000        
Net carrying value of debt             4,000,000,000    
Interest paid             106,000,000 0  
2024 Credit Facility | Line of Credit | Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Net carrying value of debt             0    
Interest paid             0    
Line of credit, maximum borrowing capacity     $ 1,500,000,000            
Option to increase credit amount     $ 1,000,000,000            
Term of option to extend credit agreement     1 year            
Restrictive covenant, ratio of total gross debt to EBIDTA     4.00            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Base Rate | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     0.00%            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Base Rate | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     0.125%            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     0.70%            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     1.125%            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Interest Benchmark For Relevant Currency | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     0.70%            
2024 Credit Facility | Line of Credit | Revolving Credit Facility | Interest Benchmark For Relevant Currency | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate     1.125%            
2024 Credit Facility | Line of Credit | Swingline Loans                  
Debt Instrument [Line Items]                  
Line of credit, maximum borrowing capacity     $ 500,000,000            
2024 Credit Facility | Line of Credit | Letter of Credit                  
Debt Instrument [Line Items]                  
Line of credit, maximum borrowing capacity     $ 250,000,000            
Secured Revolving Credit Facility, 2019 | Line of Credit | Revolving Credit Facility | Subsidiary                  
Debt Instrument [Line Items]                  
Interest paid             5,000,000 5,000,000  
Line of credit, maximum borrowing capacity $ 500,000,000                
Line of credit, current borrowing capacity 300,000,000                
Line of credit, remaining borrowing capacity $ 200,000,000                
Secured revolving credit facilities             $ 370,000,000    
Interest rate at period end (in percent)             6.25%    
Secured Revolving Credit Facility, 2019 | Line of Credit | Revolving Credit Facility | Subsidiary | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Secured amount             $ 1,300,000,000    
Secured Revolving Credit Facility, 2019 | Line of Credit | Revolving Credit Facility | Minimum | Subsidiary                  
Debt Instrument [Line Items]                  
Interest rate on unused portion of line of credit (in percent) 0.25%                
Secured Revolving Credit Facility, 2019 | Line of Credit | Revolving Credit Facility | Maximum | Subsidiary                  
Debt Instrument [Line Items]                  
Interest rate on unused portion of line of credit (in percent) 0.75%                
Secured Revolving Credit Facility, 2019 | Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Subsidiary                  
Debt Instrument [Line Items]                  
Basis spread on variable rate 1.25%                
Secured Revolving Credit Facility, 2022 | Line of Credit | Revolving Credit Facility | Subsidiary                  
Debt Instrument [Line Items]                  
Interest paid             5,000,000 $ 2,000,000  
Line of credit, maximum borrowing capacity   $ 500,000,000              
Line of credit, current borrowing capacity   300,000,000              
Line of credit, remaining borrowing capacity   $ 200,000,000              
Secured revolving credit facilities             $ 300,000,000    
Interest rate at period end (in percent)             6.20%    
Secured Revolving Credit Facility, 2022 | Line of Credit | Revolving Credit Facility | Subsidiary | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Secured amount             $ 881,000,000    
Secured Revolving Credit Facility, 2022 | Line of Credit | Revolving Credit Facility | Minimum | Subsidiary                  
Debt Instrument [Line Items]                  
Interest rate on unused portion of line of credit (in percent)   0.20%              
Secured Revolving Credit Facility, 2022 | Line of Credit | Revolving Credit Facility | Maximum | Subsidiary                  
Debt Instrument [Line Items]                  
Interest rate on unused portion of line of credit (in percent)   0.40%              
Secured Revolving Credit Facility, 2022 | Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Subsidiary                  
Debt Instrument [Line Items]                  
Basis spread on variable rate   1.30%              
Commercial Paper Program | Line of Credit                  
Debt Instrument [Line Items]                  
Commercial paper             $ 0   $ 0
Commercial Paper Program | Line of Credit | Commercial Paper                  
Debt Instrument [Line Items]                  
Line of credit, maximum borrowing capacity       $ 1,500,000,000          
Debt instrument, term       397 days