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Debt (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Company's Long-Term Debt |
[a] | The Company’s long-term debt, net of unamortized issuance costs, is substantially uncollateralized and consists of the following:
|  | 2021 |  |  | 2020 |
Senior Notes [note 15 [c]] |  |  |  |  |  |  |  |
Cdn$425 million Senior Notes due 2022 at 3.100% |  | $ | 336 |  |  | $ | 333 |
€550 million Senior Notes due 2023 at 1.900% |  |  | 625 |  |  |  | 671 |
$750 million Senior Notes due 2024 at 3.625% |  |  | 748 |  |  |  | 748 |
$650 million Senior Notes due 2025 at 4.150% |  |  | 647 |  |  |  | 646 |
€600 million Senior Notes due 2027 at 1.500% |  |  | 681 |  |  |  | 730 |
$750 million Senior Notes due 2030 at 2.450% |  |  | 742 |  |  |  | 741 |
Bank term debt at a weighted average interest rate of approximately 4.86% [20 20 – 4.23%], denominated primarily in Chinese renminbi, Brazilian real, euro and Indian rupee |  |  | 187 |  |  |  | 189 |
Government loans at a weighted average interest rate of approximately 0.13% [2020 – 1.54%], denominated primarily in euro, Canadian dollar and Brazilian real |  |  | 8 |  |  |  | 32 |
Other |  |  | 19 |  |  |  | 12 |
|  |  | 3,993 |  |  |  | 4,102 |
Less due within one year |  |  | 455 |  |  |  | 129 |
|  | $ | 3,538 |  |  | $ | 3,973 |
Schedule of Future Principal Repayments on Long-Term Debt |
[b] | Future principal repayments on long-term debt are estimated to be as f o llows:
2022 |  | $ | 455 |
2023 |  |  | 692 |
2024 |  |  | 771 |
2025 |  |  | 651 |
2026 |  |  | 3 |
Thereafter |  |  | 1,437 |
|  | $ | 4,009 |
Interest Expense, Net |
[e] | Interest expense, net includes:
|  | 2021 |  |  | 2020 |
Interest expense |  |  |  |  |  |  |  |
Current |  | $ | 12 |  |  | $ | 9 |
Long-term |  |  | 110 |  |  |  | 96 |
|  |  | 122 |  |  |  | 105 |
Interest income |  |  | (44 | ) |  |  | (19 | )
Interest expense, net |  | $ | 78 |  |  | $ | 86 |

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