Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

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

	September 30, 2022			December 31, 2021
Senior secured asset-based revolving credit facility (effective interest rate of 4.1%)	$	2,550		$	2,780
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 4.3%)		1,900			1,960
Senior secured notes		—			16,200
Other senior secured debt (effective interest rate of 4.1%)		917			935
Senior secured debt		5,367			21,875
Senior unsecured notes (effective interest rate of 4.9%)		32,652			12,952
Debt issuance costs and discounts		(309	)		(248	)
Total debt (average life of 9.9 years, rates averaging 4.8%)		37,710			34,579
Less amounts due within one year		218			237
	$	37,492		$	34,342