Debt Instrument, Covenant Compliance, Minimum Liquidity, After Repayments of Debt, Amount

No definition available.

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- Definition

Debt Instrument, Covenant Compliance, Minimum Liquidity, Amount

+ References

No definition available.

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- Definition

Represents the ratio of consolidated debt to tangible net worth allowed under the financial covenants of the credit facility.

+ References

No definition available.

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- Definition

Amount of short-term and long-term debt and lease obligation.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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- Definition

Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

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Amount of cash outflow for short-term and long-term debt. Excludes payment of lease obligation.

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Debt and Letters of Credit - Narrative (Details) € in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 EUR (€)
Financing Arrangements
Repayments of debt	$ 24	$ 137
2028 Notes ($4.250% Senior Notes)
Financing Arrangements
Repayments of debt	24
Lines of Credit
Financing Arrangements
Long-term Line of Credit	429
Lines of Credit \| Committed Line of Credit
Financing Arrangements
Current borrowing capacity	831
Lines of Credit \| Uncommitted Line of Credit
Financing Arrangements
Long-term Line of Credit	927
Lines of Credit \| Revolving Loan And Letter Of Credit Facility Agreement \| Committed Line of Credit
Financing Arrangements
Maximum borrowing capacity	1,800
Lines of Credit \| Revolving Loan And Letter Of Credit Facility Agreement \| Committed Line of Credit \| Subsidiaries
Financing Arrangements
Covenant minimum liquidity	1,200
Covenant minimum liquidity, after repayments of debt	$ 1,000
Lines of Credit \| Revolving Loan And Letter Of Credit Facility Agreement \| Committed Line of Credit \| Minimum
Financing Arrangements
Ratio of consolidated debt to tangible net worth (as a percent)	60.00%
Lines of Credit \| Revolving Loan And Letter Of Credit Facility Agreement \| Committed Line of Credit \| Maximum
Financing Arrangements
Ratio of consolidated debt to tangible net worth (as a percent)	100.00%
Lines of Credit \| Revolving Loan And Letter Of Credit Facility Agreement \| Committed Line of Credit \| Maximum \| Subsidiaries
Financing Arrangements
Aggregate amount of debt	$ 750		€ 750