XML 27 R18.htm IDEA: XBRL DOCUMENT v3.24.3
Long Term Debt
 9 Months Ended
Sep. 30, 2024
Borrowing costs Abstract [Abstract]  
Long Term Debt Long Term Debt
The following table outlines the terms and carrying amounts of the Company’s debt:

DescriptionCurrencyNominal Interest Rate
Year
of Maturity
September 30 2024December 31 2023
    (in millions)
2019 EUR Dresden Equipment FinancingEUR
EURIBOR + 1.75%
2026373 368 
USD Term Loan AUSD
SOFR + 2.90%
202563 64 
VariousEUR, USDVarious2024-2026105 139 
Current total$541 $571 
 
USD Term Loan AUSD
SOFR + 2.90%
2025554 586 
2019 EUR Dresden Equipment FinancingEUR
EURIBOR + 1.75%
202623 30 
2021 SGD EDB LoanSGD1.40%20411,030 987 
VariousEUR, USDVarious2024-2027165 198 
Non-current total
 $1,772 $1,801 
Total $2,313 $2,372 
The following table summarizes unutilized credit facilities available to the Company to maintain liquidity necessary to fund operations:

September 30 2024December 31 2023
Revolving Credit Facility$1,012 $1,012
Uncommitted Credit Facilities
106 46
Total$1,118 $1,058