Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

A summary of long-term debt at September 30, 2018 and December 31, 2017, including related interest rates at September 30, 2018, follows (dollars in millions):

	September 30, 2018			December 31, 2017
Senior secured asset-based revolving credit facility (effective interest rate of 3.7%)	$	3,350		$	3,680
Senior secured revolving credit facility		—			—
Senior secured term loan facilities (effective interest rate of 3.6%)		3,825			3,891
Senior secured notes (effective interest rate of 5.6%)		13,800			15,300
Other senior secured debt (effective interest rate of 5.8%)		543			599
Senior secured debt		21,518			23,470
Senior unsecured notes (effective interest rate of 6.3%)		11,752			9,752
Net debt issuance costs		(163	)		(164	)
Total debt (average life of 6.6 years, rates averaging 5.4%)		33,107			33,058
Less amounts due within one year		191			200
	$	32,916		$	32,858