XML 86 R61.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt - Additional Information (Detail)
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Feb. 28, 2023
USD ($)
Jan. 04, 2023
extension_option
Debt Instrument [Line Items]          
Aggregate borrowing capacity $ 1,500,000,000        
Credit facility 989,000,000 $ 994,000,000      
Cash and cash equivalents 1,144,000,000 667,000,000 $ 807,000,000    
Repayments of mortgage debt 7,000,000 2,000,000 $ 0    
Foreign Currency Borrowings          
Debt Instrument [Line Items]          
Aggregate borrowing capacity 500,000,000        
Swingline Loans          
Debt Instrument [Line Items]          
Aggregate borrowing capacity 100,000,000        
Credit facility          
Debt Instrument [Line Items]          
Additional borrowing capacity 500,000,000        
Credit facility | Letter of Credit          
Debt Instrument [Line Items]          
Aggregate borrowing capacity $ 100,000,000        
Credit facility | SOFR          
Debt Instrument [Line Items]          
Adjustment to base interest rate 0.10%        
Term Loan          
Debt Instrument [Line Items]          
Aggregate borrowing capacity $ 1,000,000,000        
Credit facility $ 997,000,000 998,000,000      
Debt interest rate 6.39%        
Term Loan | SOFR          
Debt Instrument [Line Items]          
Adjustment to base interest rate 0.10%        
Variable interest rate 0.95%        
Basis point reduction for achievement of sustainability milestone 0.00025        
Revolving Credit Facility          
Debt Instrument [Line Items]          
Aggregate borrowing capacity $ 1,500,000,000        
Facility commitment fee 0.195%        
Debt interest rate 6.29%        
Net repayments under credit facility   (683,000,000)      
Line of credit facility remaining borrowing capacity $ 1,500,000,000        
Revolving Credit Facility | SOFR          
Debt Instrument [Line Items]          
Adjustment to base interest rate 0.10%        
Variable interest rate 0.85%        
Basis point reduction for achievement of sustainability milestone (0.0002)        
Credit facility term loan due January 2027          
Debt Instrument [Line Items]          
Credit facility $ 500,000,000        
Credit facility term loan due January 2028          
Debt Instrument [Line Items]          
Credit facility $ 500,000,000        
Upper Limit | Term Loan | Scenario Adjustment | Sustainability Pricing          
Debt Instrument [Line Items]          
Debt instrument increase in interest rate 0.05%        
Upper Limit | Term Loan | SOFR          
Debt Instrument [Line Items]          
Variable interest rate 1.60%        
Upper Limit | Revolving Credit Facility | Scenario Adjustment | Sustainability Pricing          
Debt Instrument [Line Items]          
Debt instrument increase in interest rate 0.04%        
Debt instrument facility fee increase decrease 0.0001        
Upper Limit | Revolving Credit Facility | Investment grade          
Debt Instrument [Line Items]          
Facility commitment fee 0.30%        
Upper Limit | Revolving Credit Facility | SOFR | Investment grade          
Debt Instrument [Line Items]          
Variable interest rate 1.40%        
Lower Limit | Term Loan | SOFR | Investment grade          
Debt Instrument [Line Items]          
Variable interest rate 0.80%        
Lower Limit | Revolving Credit Facility | Investment grade          
Debt Instrument [Line Items]          
Facility commitment fee 0.125%        
Lower Limit | Revolving Credit Facility | SOFR | Investment grade          
Debt Instrument [Line Items]          
Variable interest rate 0.725%        
Covenant Requirement | Upper Limit | Credit facility          
Debt Instrument [Line Items]          
Leverage ratio 7.25        
Covenant Requirement | Lower Limit | Credit facility          
Debt Instrument [Line Items]          
Unsecured interest coverage ratio 1.75%        
Fixed charge coverage ratio 1.25%        
Cash and cash equivalents $ 100,000,000        
Debt Covenant | Less Restrictive Covenant          
Debt Instrument [Line Items]          
Leverage ratio 6.0        
Senior Notes          
Debt Instrument [Line Items]          
Face amount of debt $ 3,200,000,000 3,200,000,000      
Unamortized discount $ 30,000,000 35,000,000      
Debt covenant compliance As of December 31, 2023, we are in compliance with all of these covenants.        
Senior Notes | Upper Limit          
Debt Instrument [Line Items]          
Debt repurchase authorized amount       $ 1,000,000,000  
Secured Debt          
Debt Instrument [Line Items]          
Mortgage debt interest rate 4.67%        
Mortgage debt repayments $ 2,000,000 $ 2,000,000      
Credit facility          
Debt Instrument [Line Items]          
Debt covenant compliance As of December 31, 2023, we are in compliance with all of these covenants.        
Credit facility | Revolving Credit Facility          
Debt Instrument [Line Items]          
Term of extension option one         1 year
Number of extension options, option two | extension_option         2
Term of extension options, option two         6 months