Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt

Schedule of long-term debt

	March 31,		December 31,
($ in millions)	2025		2024
Senior Notes
5.25% due July 2025	$	189	$	189
4.875% due March 2026		256		256
1.50%, euro denominated, due March 2027		595		569
6.875% due March 2028		750		750
6.00% due June 2029		1,000		1,000
2.875% due August 2030		1,300		1,300
3.125% due September 2031		850		850
Senior Credit Facility (at variable rates)
U.S. dollar revolver due June 2027 (5.41% - 2025)		850		—
Multi-currency revolver due June 2027 (5.42% - 2025)		200		—
Term A loan due June 2027 (5.42% - 2025)		625		625
Finance lease obligations		7		7
Other (including debt issuance costs)		(41)		(43)
		6,581		5,503
Less: Current portion of long-term debt		(447)		(191)
Long-term debt	$	6,134	$	5,312
Short-term debt
Current portion of long-term debt	$	447	$	191
Short-term finance leases		—		24
Short-term committed loans		86		109
Short-term uncommitted credit facilities		50		37
Short-term debt and current portion of long-term debt	$	583	$	361