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LONG-TERM DEBT, NET (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Long-Term Debt by Types and Interest Rates (Includes Current Portion)

The following table lists our long-term debt by types and interest rates at the end of our last two years and includes the current portion.

Long-Term Debt by Types and Interest Rates (Includes Current Portion)

 

DOLLAR AMOUNTS IN MILLIONS

 

 

 

 

 

 

 

 

DECEMBER 31,
 2022

 

 

DECEMBER 31,
 2021

 

7.125% debentures due 2023

 

$

118

 

 

$

191

 

5.207% installment note due 2023

 

 

860

 

 

 

860

 

8.50% debentures due 2025

 

 

139

 

 

 

300

 

7.95% debentures due 2025

 

 

71

 

 

 

136

 

7.70% debentures due 2026

 

 

150

 

 

 

150

 

7.35% debentures due 2026

 

 

62

 

 

 

62

 

7.85% debentures due 2026

 

 

60

 

 

 

100

 

6.95% debentures due 2027

 

 

300

 

 

 

300

 

4.00% notes due 2029

 

 

750

 

 

 

750

 

4.00% notes due 2030

 

 

750

 

 

 

750

 

7.375% debentures due 2032

 

 

657

 

 

 

1,250

 

6.875% debentures due 2033

 

 

275

 

 

 

275

 

3.375% debentures due 2033

 

 

450

 

 

 

 

4.00% debentures due 2052

 

 

450

 

 

 

 

Other

 

 

1

 

 

 

1

 

Total principal long-term debt

 

 

5,093

 

 

 

5,125

 

Add: business combination fair value adjustment

 

 

4

 

 

 

8

 

Less: unamortized discounts

 

 

(37

)

 

 

(26

)

Less: unamortized debt expense

 

 

(7

)

 

 

(8

)

Total

 

$

5,053

 

 

$

5,099

 

Principal due within one year

 

$

978

 

 

$

 

Amounts of Long-Term Debt Due Annually for the Next Five Years and Thereafter

Amounts of Long-Term Debt Due Annually for the Next Five Years and Thereafter

 

DOLLAR AMOUNTS IN MILLIONS (1)

 

 

 

2023

 

$

978

 

2024

 

$

 

2025

 

$

210

 

2026

 

$

272

 

2027

 

$

300

 

Thereafter

 

$

3,333

 

 

(1)
Excludes $40 million of unamortized discounts, capitalized debt expense and business combination fair value adjustment.