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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
A summary of long-term debt at September 30, 2021 and December 31, 2020, including related interest rates at September 30, 2021, follows (dollars in millions):
 
    
September 30,
2021
   
December 31,
2020
 
Senior secured asset-based revolving credit facility (effective interest rate of 2.7%)
  
$
500
 
  $  
Senior secured revolving credit facility
  
 
 
     
Senior secured term loan facilities (effective interest rate of 3.1%)
  
 
1,980
 
    3,671  
Senior secured notes (effective interest rate of 4.8%)
  
 
16,200
 
    13,850  
Other senior secured debt (effective interest rate of 4.2%)
  
 
920
 
    767  
    
 
 
   
 
 
 
Senior secured debt
  
 
19,600
 
    18,288  
Senior unsecured notes (effective interest rate of 5.5%)
  
 
12,952
 
    12,952  
Debt issuance costs and discounts
  
 
(253
    (236
    
 
 
   
 
 
 
Total debt (average life of 9.5 years, rates averaging 4.9%)
  
 
32,299
 
    31,004  
Less amounts due within one year
  
 
250
 
    209  
    
 
 
   
 
 
 
    
$
32,049
 
  $ 30,795