Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

A summary of long-term debt at June 30, 2022 and December 31, 2021, including related interest rates at June 30, 2022, follows (dollars in millions):

	June 30, 2022			December 31, 2021
Senior secured asset-based revolving credit facility (effective interest rate of 2.6%)	$	3,710		$	2,780
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 3.2%)		1,920			1,960
Senior secured notes		—			16,200
Other senior secured debt (effective interest rate of 4.0%)		937			935
Senior secured debt		6,567			21,875
Senior unsecured notes (effective interest rate of 4.9%)		32,652			12,952
Debt issuance costs and discounts		(316	)		(248	)
Total debt (average life of 10.0 years, rates averaging 4.6%)		38,903			34,579
Less amounts due within one year		246			237
	$	38,657		$	34,342