XML 50 R32.htm IDEA: XBRL DOCUMENT
v3.20.4

Financing Arrangements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Financing Arrangements |
Schedule of debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2020 | ​ | December 31, 2019 | ​
​ | ​ | Carrying | ​ | Fair | ​ | Carrying | ​ | Fair | ​
(in millions) |  | Amount |  | Value |  | Amount |  | Value |
2.900% senior notes due June 1, 2030 | ​ | $ | 594 | ​ | $ | 596 | ​ | $ | — | ​ | $ | — | ​
3.200% senior notes due October 1, 2026 | ​ | ​ | 497 | ​ | ​ | 500 | ​ | ​ | 497 | ​ | ​ | 491 | ​
3.900% senior notes due June 1, 2050 | ​ | ​ | 390 | ​ | ​ | 395 | ​ | ​ | — | ​ | ​ | — | ​
4.625% senior notes due November 1, 2020 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 400 | ​ | ​ | 399 | ​
6.625% senior notes due April 15, 2037 | ​ | ​ | 253 | ​ | ​ | 246 | ​ | ​ | 253 | ​ | ​ | 246 | ​
5.620% senior notes due March 25, 2020 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 200 | ​ | ​ | 200 | ​
Term loan credit agreement due April 12, 2021 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 405 | ​ | ​ | 405 | ​
Other long-term borrowings | ​ | ​ | 14 | ​ | ​ | 14 | ​ | ​ | — | ​ | ​ | — | ​
Revolving credit facility | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10 | ​ | ​ | 10 | ​
Fair value adjustment related to hedged fixed rate debt instrument | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1 | ​ | ​ | — | ​
Total long-term debt | ​ | ​ | 1,748 | ​ | ​ | 1,751 | ​ | ​ | 1,766 | ​ | ​ | 1,751 | ​
Term loan credit agreement due April 12, 2021 | ​ | ​ | 380 | ​ | ​ | 380 | ​ | ​ | — | ​ | ​ | — | ​
Other short-term borrowings | ​ | ​ | 58 | ​ | ​ | 58 | ​ | ​ | 82 | ​ | ​ | 82 | ​
Total short-term borrowings | ​ | ​ | 438 | ​ | ​ | 438 | ​ | ​ | 82 | ​ | ​ | 82 | ​
Total debt | ​ | $ | 2,186 | ​ | $ | 2,189 | ​ | $ | 1,848 | ​ | $ | 1,833 | ​

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration