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Debt (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Summary of Outstanding Debt |
| 2022 |  | 2021 |
| Principal |  | Carrying |  | Principal |  | Carrying |
| outstanding |  | amount |  | outstanding |  | amount |
Short-term debt | $ | 76 |  |  | $ | 76 |  |  | $ | 75 |  |  | $ | 75 |  |
Long-term debt |  |  |  |  |  |  |  |
Senior secured borrowings: |  |  |  |  |  |  |  |
Revolving credit facilities | 329 |  |  | 329 |  |  | 50 |  |  | 50 |  |
Term loan facilities |  |  |  |  |  |  |  |
U.S. dollar due 2027 | 1,800 |  |  | 1,792 |  |  | — |  |  | — |  |
U.S. dollar due 2024 | — |  |  | — |  |  | 1,002 |  |  | 997 |  |
Euro due 2027 1 | 578 |  |  | 578 |  |  | — |  |  | — |  |
Euro due 2024 2 | — |  |  | — |  |  | 344 |  |  | 344 |  |
Senior notes and debentures: |  |  |  |  |  |  |  |
€335 at 2.25% due 2023 | — |  |  | — |  |  | 381 |  |  | 380 |  |
€550 at 0.75% due 2023 | — |  |  | — |  |  | 626 |  |  | 624 |  |
€600 at 2.625% due 2024 | 642 |  |  | 640 |  |  | 683 |  |  | 680 |  |
€600 at 3.375% due 2025 | 642 |  |  | 640 |  |  | 683 |  |  | 679 |  |
U.S. dollar at 4.25% due 2026 | 400 |  |  | 397 |  |  | 400 |  |  | 396 |  |
U.S. dollar at 4.75% due 2026 | 875 |  |  | 869 |  |  | 875 |  |  | 867 |  |
U.S. dollar at 7.375% due 2026 | 350 |  |  | 348 |  |  | 350 |  |  | 348 |  |
€500 at 2.875% due 2026 | 536 |  |  | 532 |  |  | 570 |  |  | 565 |  |
U.S. dollar at 5.25% due 2030 | 500 |  |  | 494 |  |  | — |  |  | — |  |
U.S. dollar at 7.50% due 2096 | 40 |  |  | 40 |  |  | 40 |  |  | 40 |  |
Other indebtedness in various currencies: |  |  |  |  |  |  |  |
Fixed rate with rates in 2022 from 2.7% to 14.4% due through 2027 | 221 |  |  | 221 |  |  | 189 |  |  | 189 |  |
Variable rate with an average rate in 2022 of 1.5% due 2026 | 21 |  |  | 21 |  |  | 28 |  |  | 28 |  |
Total long-term debt | 6,934 |  |  | 6,901 |  |  | 6,221 |  |  | 6,187 |  |
Less: current maturities | (109) |  |  | (109) |  |  | (136) |  |  | (135) |  |
Total long-term debt, less current maturities | $ | 6,825 |  |  | $ | 6,792 |  |  | $ | 6,085 |  |  | $ | 6,052 |  |
(1) €540 at December 31, 2022 (2) €303 at December 31, 2021
Schedule of Weighted Average Interest Rates | The weighted average interest rates were as follows:
| 2022 |  | 2021 |  | 2020
Short-term debt | 3.8 | % |  | 0.6 | % |  | 2.1 | %
Revolving credit facilities | 2.5 | % |  | 1.2 | % |  | 1.8 | %

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