Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

A summary of long-term debt at March 31, 2024 and December 31, 2023, including related interest rates at March 31, 2024 follows (dollars in millions):

	March 31, 2024			December 31, 2023
Senior secured asset-based revolving credit facility	$	—		$	1,880
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 6.8%)		1,294			1,313
Other senior secured debt (effective interest rate of 4.1%)		1,012			967
Senior secured debt		2,306			4,160
Senior unsecured notes (effective interest rate of 5.1%)		38,266			35,766
Debt issuance costs and discounts		(381	)		(333	)
Total debt (average life of 11.2 years, rates averaging 5.1%)		40,191			39,593
Less amounts due within one year		3,028			2,424
	$	37,163		$	37,169