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Debt (Tables) | 12 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
Summary of Outstanding Debt |
| 2017 |  | 2016
| Principal |  | Carrying |  | Principal |  | Carrying
| outstanding |  | amount |  | outstanding |  | amount
Short-term debt | 62 |  |  | 62 |  |  | 33 |  |  | 33 |
Long-term debt |  |  |  |  |  |  |
Senior secured borrowings: |  |  |  |  |  |  |
Revolving credit facilities | 122 |  |  | 122 |  |  | — |  |  | — |
Term loan facilities |  |  |  |  |  |  |
U.S. dollar at LIBOR plus 1.50% due 2022 | 741 |  |  | 735 |  |  | 654 |  |  | 649 |
Euro at EURIBOR plus 1.50% due 2022 1 | 324 |  |  | 324 |  |  | 61 |  |  | 61 |
Farm credit facility at LIBOR plus 2.00% due 2019 | — |  |  | — |  |  | 351 |  |  | 347 |
Senior notes and debentures: |  |  |  |  |  |  |  |
€650 at 4.0% due 2022 | 781 |  |  | 774 |  |  | 684 |  |  | 676 |
U. S. dollar at 4.50% due 2023 | 1,000 |  |  | 992 |  |  | 1,000 |  |  | 991 |
€600 at 2.625% due 2024 | 720 |  |  | 713 |  |  | 631 |  |  | 623 |
€600 at 3.375% due 2025 | 720 |  |  | 711 |  |  | 631 |  |  | 622 |
U.S. dollar at 4.25% due 2026 | 400 |  |  | 393 |  |  | 400 |  |  | 393 |
U.S. dollar at 7.375% due 2026 | 350 |  |  | 347 |  |  | 350 |  |  | 347 |
U.S. dollar at 7.50% due 2096 | 40 |  |  | 40 |  |  | 45 |  |  | 45 |
Other indebtedness in various currencies |  |  |  |  |  |  |
Fixed rate with rates in 2017 from 3.94% to 7.5% due through 2036 | 96 |  |  | 96 |  |  | 122 |  |  | 122 |
Variable rate with average rates in 2017 of 2.81% due through 2019 | 5 |  |  | 5 |  |  | 2 |  |  | 2 |
Capital lease obligations | 29 |  |  | 29 |  |  | — |  |  | — |
Total long-term debt | 5,328 |  |  | 5,281 |  |  | 4,931 |  |  | 4,878 |
Less: current maturities | (64 | ) |  | (64 | ) |  | (162 | ) |  | (161 | )
Total long-term debt, less current maturities | $ | 5,264 |  |  | $ | 5,217 |  |  | $ | 4,769 |  |  | $ | 4,717 |
(1) €270 and €58 at December 31, 2017 and 2016.
Schedule of Weighted Average Interest Rates | The weighted average interest rates were as follows:
| 2017 |  |  | 2016 |  |  | 2015 |
Short-term debt | 1.4 | % |  | 2.7 | % |  | 3.0 | %
Revolving credit facilities | 3.3 | % |  | 3.8 | % |  | 4.4 | %

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