Loans Payable And Other Financial Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Loans Payable And Other Financial Liabilities [Abstract]

Summary Of Loans Payable And Other Financial Liabilities


		Book value as of

		September 30, 2022		December 31, 2021
		(In millions)
Current loans payable and other financial liabilities:
Loans from banks	$	369	$	378
Bank overdrafts		61		146
Secured lines of credit		97		73
Financial Bills		105		—
Deposit Certificates		912		582
Commercial Notes		2		—
Finance lease obligations		14		10
Collateralized debt		372		77
2028 Notes		1		3
2026 Sustainability Notes		2		4
2031 Notes		5		10
Other lines of credit		6		2
	$	1,946	$	1,285
Non-Current loans payable and other financial liabilities:
Loans from banks	$	154	$	8
Secured lines of credit		25		17
Financial Bills		—		92
Deposit Certificates		4		3
Commercial Notes		181		—
Finance lease obligations		38		36
Collateralized debt		815		674
2028 Notes		435		312
2026 Sustainability Notes		397		397
2031 Notes		694		694
	$	2,743	$	2,233

‎


							Book value as of

Type of instrument	Currency	Interest	Weighted Average Interest ‎Rate		Maturity		September 30, 2022		December 31, 2021
							(In millions)
Loans from banks
Chilean Subsidiaries	Chilean Pesos	Fixed	10.54	%	October 2022- April 2025	$	136	$	117
Brazilian Subsidiary	US Dollar	Variable	—	%	—		—		60
Brazilian Subsidiaries	US Dollar	Fixed	1.50	%	November - December 2022		101		100
Brazilian Subsidiary (*)	US Dollar	Fixed	4.32	%	August 2023		57		—
Brazilian Subsidiary	Brazilian Reais	Variable	TJLP + 0.8	%	October 2022 - May 2031		8		4
Mexican Subsidiary	Mexican Pesos	Variable	TIIE + 2.20 - 3.50	%	October 2022 - June 2027		187		66
Uruguayan Subsidiary	Uruguayan Pesos	Fixed	10.85	%	December 2022		18		23
Colombian Subsidiary	Colombian Pesos	Fixed	10.74	%	November - December 2022		16		16

Bank overdrafts
Uruguayan Subsidiary	Uruguayan Pesos	Fixed	10.19	%	October 2022		28		27
Argentine Subsidiary	Argentine Pesos	Fixed	68.26	%	October 2022		33		115
Brazilian Subsidiary	Brazilian Reais	—	—	%	—		—		4

Secured lines of credit
Argentine Subsidiaries	Argentine Pesos	Fixed	64.54	%	October 2022		90		69
Mexican Subsidiary	Mexican Pesos	Fixed	9.99	%	October 2022- July 2027		32		21

Financial Bills
Brazilian Subsidiary	Brazilian Reais	Variable	CDI + 0.95 - 1.10	%	July 2023 - February 2024		105		92

Deposit Certificates
Brazilian Subsidiary	Brazilian Reais	Variable	IPCA + 5.25 -7.15	%	February - May 2023		254		—
Brazilian Subsidiary	Brazilian Reais	Variable	97% to 200% of CDI		October 2022 - September 2024		491		521
Brazilian Subsidiary	Brazilian Reais	Fixed	8.15 - 15.00	%	October 2022 - July 2023		171		41
Brazilian Subsidiary	Brazilian Reais	—	—	%	—		—		23

Commercial Notes
Brazilian Subsidiary	Brazilian Reais	Variable	DI + 0.88	%	October 2022 - August 2027		64		—
Brazilian Subsidiary	Brazilian Reais	Variable	IPCA + 6.41	%	October 2022 - August 2029		119		—

Finance lease obligations							52		46
Collateralized debt							1,187		751
2028 Notes							436		315
2026 Sustainability Notes							399		401
2031 Notes							699		704
Other lines of credit							6		2
						$	4,689	$	3,518

(*)	The carrying amount includes the effect of the derivative instrument that qualified for fair value hedge. See note 14 "Derivative Instruments" for further detail.