LONG-TERM DEBT, NET (Tables)

12 Months Ended

Dec. 31, 2023

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,  2023			DECEMBER 31,  2022
7.125% debentures due 2023	$	—		$	118
5.207% installment note due 2023		—			860
8.50% debentures due 2025		139			139
7.95% debentures due 2025		71			71
7.70% debentures due 2026		150			150
7.35% debentures due 2026		62			62
7.85% debentures due 2026		60			60
4.75% notes due 2026		750			—
6.95% debentures due 2027		300			300
Variable-rate term loan matures 2028		250			—
4.00% notes due 2029		750			750
4.00% notes due 2030		750			750
7.375% debentures due 2032		657			657
6.875% debentures due 2033		275			275
3.375% debentures due 2033		450			450
4.00% debentures due 2052		450			450
Other		1			1
Total principal long-term debt		5,115			5,093
Add: business combination fair value adjustment		—			4
Less: unamortized discounts		(37	)		(37	)
Less: unamortized debt expense		(9	)		(7	)
Total	$	5,069		$	5,053
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)
2024	$	—
2025	$	210
2026	$	1,022
2027	$	300
2028	$	250
Thereafter	$	3,333

(1)Excludes $46 million of unamortized discounts and capitalized debt expense.