Financing Agreements (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Long-term debt at December 31 —

	Interest Rate		2019			2018
Senior Notes due September 15, 2023	6.000%		$	—		$	300
Senior Notes due December 15, 2024	5.500%		425			425
Senior Notes due April 15, 2025	5.750%	*	400			400
Senior Notes due June 1, 2026	6.500%	*	375			375
Senior Notes due November 15, 2027	5.375%		300			—
Term Facility A			474			265
Term Facility B			349			—
Other indebtedness			61			28
Debt issuance costs			(28		)	(18		)
			2,356			1,775
Less: Current portion of long-term debt			20			20
Long-term debt, less debt issuance costs			$	2,336		$	1,755

*

In conjunction with the issuance of the April 2025 Notes we entered into 8-year fixed-to-fixed cross-currency swaps which have the effect of economically converting the April 2025 Notes to euro-denominated debt at a fixed rate of 3.850%. In conjunction with the issuance of the June 2026 Notes we entered into 10-year fixed-to-fixed cross-currency swaps which have the effect of economically converting the June 2026 Notes to euro-denominated debt at a fixed rate of 5.140%. See Note 16 for additional information.

Scheduled Principal Payments on Long-Term Debt [Table Text Block]

Scheduled principal payments on long-term debt, excluding finance leases at December 31, 2019 —

	2020		2021		2022		2023		2024
Maturities	$	15	$	31	$	30	$	30	$	821

Debt Redemption Provisions [Table Text Block]

We may redeem some or all of the senior notes at the following redemption prices (expressed as percentages of principal amount), plus accrued and unpaid interest to the redemption date, if redeemed during the 12-month period commencing on the anniversary date of the senior notes in the years set forth below:

	Redemption Price
	December		April		June		November
Year	2024 Notes		2025 Notes		2026 Notes		2027 Notes
2020	101.833	%	104.313	%
2021	100.917	%	102.875	%	103.250	%
2022	100.000	%	101.438	%	102.167	%	102.688	%
2023	100.000	%	100.000	%	101.083	%	101.344	%
2024			100.000	%	100.000	%	100.000	%
2025					100.000	%	100.000	%
2026							100.000	%

Schedule of Term A Facility and Revolving Facility Margin Arrangements [Table Text Block]

Advances under the Term A Facility and Revolving Facility bear interest at a floating rate based on, at our option, the base rate or Eurodollar rate (each as described in the credit agreement) plus a margin as set forth below:

	Margin
Total Net Leverage Ratio	Base Rate		Eurodollar Rate
Less than or equal to 1.00:1.00	0.25	%	1.25	%
Greater than 1.00:1.00 but less than or equal to 2.00:1.00	0.50	%	1.50	%
Greater than 2.00:1.00	0.75	%	1.75	%

Schedule of Revolving Facility Commitment Fee Agreements [Table Text Block]

Commitment fees are applied based on the average daily unused portion of the available amounts under the Revolving Facility as set forth below:

Total Net Leverage Ratio	Commitment Fee
Less than or equal to 1.00:1.00	0.250	%
Greater than 1.00:1.00 but less than or equal to 2.00:1.00	0.375	%
Greater than 2.00:1.00	0.500	%