XML 52 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Debt (Schedule of long-term debt instruments) (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Debt Instrument    
Finance leases $ 131,000,000 $ 135,000,000
Total debt 9,082,000,000 9,682,000,000
Less short-term portion (585,000,000) (704,000,000)
Total long-term debt 8,497,000,000 8,978,000,000
Term loan facility expiring 2025    
Debt Instrument    
Long-term debt $ 969,000,000 971,000,000
Annual repayment rate 1.00%  
Line of Credit | $3.75 billion ABL Facility expiring 2024    
Debt Instrument    
Maximum borrowing capacity $ 3,750,000,000  
Long-term debt 491,000,000 977,000,000
Borrowing capacity, net of letters of credit 3,191,000,000  
Letters of credit $ 60,000,000  
Interest rate at March 31, 2021 1.30%  
Average month-end debt outstanding $ 624,000,000  
Weighted-average interest rate on average debt outstanding 1.30%  
Maximum month-end debt outstanding $ 774,000,000  
Senior notes | 5 7/8 percent Senior Notes due 2026    
Debt Instrument    
Stated interest rate 5.875%  
Long-term debt $ 999,000,000 999,000,000
Senior notes | 5 1/2 percent Senior Notes due 2027    
Debt Instrument    
Stated interest rate 5.50%  
Long-term debt $ 994,000,000 994,000,000
Senior notes | 3 7/8 percent Senior Secured Notes due 2027    
Debt Instrument    
Stated interest rate 3.875%  
Long-term debt $ 742,000,000 742,000,000
Senior notes | 4 7/8 percent Senior Notes due 2028    
Debt Instrument    
Stated interest rate 4.875%  
Long-term debt $ 1,655,000,000 1,654,000,000
Senior notes | 4 7/8 percent Senior Notes due 2028    
Debt Instrument    
Stated interest rate 4.875%  
Long-term debt $ 4,000,000 4,000,000
Senior notes | 5 1/4 percent Senior Notes due 2030    
Debt Instrument    
Stated interest rate 5.25%  
Long-term debt $ 743,000,000 742,000,000
Senior notes | 4 percent Senior Notes due 2030    
Debt Instrument    
Stated interest rate 4.00%  
Long-term debt $ 742,000,000 742,000,000
Senior notes | 3 7/8 percent Senior Notes due 2031    
Debt Instrument    
Stated interest rate 3.875%  
Long-term debt $ 1,088,000,000 1,088,000,000
Line of Credit | Accounts Receivable Securitization Facility expiring 2021    
Debt Instrument    
Long-term debt 524,000,000 $ 634,000,000
Borrowing capacity, net of letters of credit $ 276,000,000  
Interest rate at March 31, 2021 1.40%  
Average month-end debt outstanding $ 603,000,000  
Weighted-average interest rate on average debt outstanding 1.40%  
Maximum month-end debt outstanding $ 644,000,000  
Collateral amount 787,000,000  
Line of Credit | Term loan facility    
Debt Instrument    
Borrowing capacity, net of letters of credit $ 0  
Interest rate at March 31, 2021 1.90%  
Average month-end debt outstanding $ 977,000,000  
Weighted-average interest rate on average debt outstanding 1.90%  
Maximum month-end debt outstanding $ 978,000,000