Long-Term Obligations (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule Of Long-Term Obligations

Long-term obligations consist of the following (in millions):

		September 30, 2024					December 31, 2023
	Maturity Date	Interest Rate			Amount		Interest Rate			Amount
Senior Unsecured Credit Agreement:
Term loan payable	January 2026	6.32	%		$	500	6.83	%		$	500
Revolving credit facilities	January 2028	6.33	%	(1)	713		6.25	%	(1)	914
Senior Unsecured Term Loan Agreement:
Term loan payable	July 2026	5.92	%		518		6.82	%		529
Unsecured Senior Notes:
U.S. Notes (2028)	June 2028	5.75	%		800		5.75	%		800
U.S. Notes (2033)	June 2033	6.25	%		600		6.25	%		600
Euro Notes (2024)	April 2024	—	%		—		3.88	%		552
Euro Notes (2028)	April 2028	4.13	%		278		4.13	%		276
Euro Notes (2031)	March 2031	4.13	%		835		—	%		—
Notes payable	Various through October 2030	3.34	%	(1)	19		3.85	%	(1)	16
Finance lease obligations		5.09	%	(1)	106		4.83	%	(1)	83
Other debt		6.38	%	(1)	2		2.16	%	(1)	11
Total debt					4,371					4,281
Less: long-term debt issuance costs and unamortized bond discounts					(35)					(30)
Total debt, net of debt issuance costs and unamortized bond discounts					4,336					4,251
Less: current maturities, net of debt issuance costs					(44)					(596)
Long-term debt, net of debt issuance costs and unamortized bond discounts					$	4,292				$	3,655

(1) Interest rate derived via a weighted average