XML 74 R60.htm IDEA: XBRL DOCUMENT v3.21.2
Debt and Other Financing Arrangements - Summary of Long-Term Debt Obligations (Details)
Jun. 30, 2021
USD ($)
Jun. 30, 2021
EUR (€)
Mar. 17, 2021
USD ($)
Mar. 03, 2021
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]          
Carrying amount $ 5,088,000,000       $ 5,176,000,000
Less - maturities classified as current 7,000,000       5,000,000
Total long-term debt 5,081,000,000       5,171,000,000
Unamortized debt issuance costs 87,000,000       82,000,000
Debt discount 1,000,000        
Unamortized premium         (20,000,000)
Revolver Borrowings | Due 2023          
Debt Instrument [Line Items]          
Principal 0       0
Carrying amount 0       0
Term Loans | A2.00 Term Loan A Due 2019 Through 2023          
Debt Instrument [Line Items]          
Principal 1,466,000,000       1,530,000,000
Carrying amount $ 1,458,000,000       $ 1,520,000,000
Stated rate 2.00% 2.00%      
Term Loans | A2.00 Term Loan A Due 2019 Through 2023 | LIBOR          
Debt Instrument [Line Items]          
Stated rate         2.50%
Term Loans | 3.00% Term Loan B Due 2019 Through 2025          
Debt Instrument [Line Items]          
Principal $ 1,658,000,000       $ 1,666,000,000
Carrying amount $ 1,609,000,000       1,612,000,000
Stated rate 3.00% 3.00%      
Senior Notes | 5.375% Senior Notes due 2024          
Debt Instrument [Line Items]          
Principal $ 225,000,000 € 225,000,000     225,000,000
Carrying amount $ 223,000,000       223,000,000
Stated rate 5.375% 5.375%      
Senior Notes | 5.000% Senior Notes due 2026          
Debt Instrument [Line Items]          
Principal $ 500,000,000 € 500,000,000     500,000,000
Carrying amount $ 495,000,000       494,000,000
Stated rate 5.00% 5.00%      
Senior Notes | Euro Floating Rate Notes due 2024          
Debt Instrument [Line Items]          
Principal $ 0 € 300,000,000     366,000,000
Carrying amount $ 0       370,000,000
Stated rate 4.875% 4.875%      
Senior Notes | 5.000% Euro Fixed Rate Notes due 2024          
Debt Instrument [Line Items]          
Principal $ 0 € 350,000,000     428,000,000
Carrying amount $ 0       445,000,000
Stated rate 5.00% 5.00%   5.00%  
Senior Notes | 7.875% Senior Secured Notes Due 2029          
Debt Instrument [Line Items]          
Principal $ 500,000,000       500,000,000
Carrying amount $ 490,000,000       489,000,000
Stated rate 7.875% 7.875%      
Senior Notes | 5.125% Senior Secured Notes Due 2029          
Debt Instrument [Line Items]          
Principal $ 800,000,000   $ 800,000,000   0
Carrying amount $ 786,000,000       0
Stated rate 5.125% 5.125% 5.125%    
Other debt, primarily foreign instruments          
Debt Instrument [Line Items]          
Principal $ 28,000,000       24,000,000
Carrying amount $ 27,000,000       $ 23,000,000