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v3.21.1

Debt - Summary of Outstanding Debt (Details) $ in Millions | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2021 USD ($) | Mar. 31, 2021 EUR (€) | Dec. 31, 2020 USD ($) | Dec. 31, 2020 EUR (€)
Debt Instrument [Line Items] |  |  |  |
Short-term debt | $ 80 |  | $ 121 |
Principal outstanding |  |  |  |
Total long-term debt | 8,003 |  | 8,141 |
Less: current maturities | (82) |  | (67) |
Total long-term debt, less current maturities | 7,921 |  | 8,074 |
Carrying amount |  |  |  |
Total long-term debt | 7,957 |  | 8,090 |
Less: current maturities | (82) |  | (67) |
Total long-term debt, less current maturities | 7,875 |  | 8,023 |
Other Indebtedness, Fixed Rate |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | 128 |  | 110 |
Carrying amount |  |  |  |
Total long-term debt | 128 |  | 110 |
Senior Secured Borrowings | U.S. Dollar at LIBOR Plus One Point Five Due Two Thousand Twenty Four [Member] |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | 1,022 |  | 1,029 |
Carrying amount |  |  |  |
Total long-term debt | 1,017 |  | 1,023 |
Senior Secured Borrowings | Euro at EURIBOR Plus One Point Five Percentage Due Two Thousand and Twenty Four [Member] |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | 368 |  | 387 |
Carrying amount |  |  |  |
Total long-term debt | 368 |  | 387 |
Debt, face amount | € |  | € 314,000,000 |  | € 317,000,000
Senior Notes and Debentures | €650 at 4.0% due 2022 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | 762 |  | 794 |
Carrying amount |  |  |  |
Total long-term debt | $ 760 |  | 791 |
Debt, face amount | € |  | € 650,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 4.00% | 4.00% |  |
Senior Notes and Debentures | U. S. dollar at 4.50% due 2023 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 1,000 |  | 1,000 |
Carrying amount |  |  |  |
Total long-term debt | $ 997 |  | 997 |
Debt Instrument, Interest Rate, Stated Percentage | 4.50% | 4.50% |  |
Senior Notes and Debentures | €335 at 2.250% due 2023 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 393 |  | 409 |
Carrying amount |  |  |  |
Total long-term debt | $ 391 |  | 407 |
Debt, face amount | € |  | € 335,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.25% | 2.25% |  |
Senior Notes and Debentures | Euro .75% due 2023 [Member] |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 645 |  | 671 |
Carrying amount |  |  |  |
Total long-term debt | $ 642 |  | 666 |
Debt, face amount | € |  | € 550,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 0.75% | 0.75% |  |
Senior Notes and Debentures | €600 at 2.625% due 2024 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 704 |  | 733 |
Carrying amount |  |  |  |
Total long-term debt | $ 700 |  | 729 |
Debt, face amount | € |  | € 600,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.625% | 2.625% |  |
Senior Notes and Debentures | €600 at 3.375% due 2025 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 704 |  | 733 |
Carrying amount |  |  |  |
Total long-term debt | $ 699 |  | 728 |
Debt, face amount | € |  | € 600,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 3.375% | 3.375% |  |
Senior Notes and Debentures | U.S. dollar at 4.25% due 2026 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 400 |  | 400 |
Carrying amount |  |  |  |
Total long-term debt | $ 396 |  | 396 |
Debt Instrument, Interest Rate, Stated Percentage | 4.25% | 4.25% |  |
Senior Notes and Debentures | U.S. dollar at 4.75% due 2026 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 875 |  | 875 |
Carrying amount |  |  |  |
Total long-term debt | $ 865 |  | 865 |
Debt Instrument, Interest Rate, Stated Percentage | 4.75% | 4.75% |  |
Senior Notes and Debentures | U.S. dollar at 7.375% due 2026 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 350 |  | 350 |
Carrying amount |  |  |  |
Total long-term debt | $ 348 |  | 348 |
Debt Instrument, Interest Rate, Stated Percentage | 7.375% | 7.375% |  |
Senior Notes and Debentures | €500 at 2.875% due 2026 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 586 |  | 610 |
Carrying amount |  |  |  |
Total long-term debt | $ 580 |  | 603 |
Debt, face amount | € |  | € 500,000,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.875% | 2.875% |  |
Senior Notes and Debentures | U.S. dollar at 7.50% due 2096 |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 40 |  | 40 |
Carrying amount |  |  |  |
Total long-term debt | $ 40 |  | 40 |
Debt Instrument, Interest Rate, Stated Percentage | 7.50% | 7.50% |  |
Revolving Credit Facility | Line of Credit |  |  |  |
Principal outstanding |  |  |  |
Total long-term debt | $ 26 |  | 0 |
Carrying amount |  |  |  |
Total long-term debt | $ 26 |  | $ 0 |
Euro Interbank Offered Rate (EURIBOR) [Member] | Senior Secured Borrowings | Euro at EURIBOR Plus One Point Five Percentage Due Two Thousand and Twenty Four [Member] |  |  |  |
Carrying amount |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | 1.20% |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Senior Secured Borrowings | U.S. Dollar at LIBOR Plus One Point Five Due Two Thousand Twenty Four [Member] |  |  |  |
Carrying amount |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | 1.20% |  |  |

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