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v3.23.3

Financing Arrangements and Derivative Financial Instruments - Long Term Debt and Finance Leases, Net of Unamortized Discounts, and Interest Rates (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Dec. 31, 2022
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Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 8,131 | $ 7,286
Unamortized deferred financing fees |  | (39) | (46)
Total long term debt excluding capital leases |  | 8,092 | 7,240
Finance lease obligations | [1] | 252 | 255
Long-term debt and capital leases |  | 8,344 | 7,495
Less portion due within one year |  | (277) | (228)
Long-term debt and capital leases, excluding current maturities |  | 8,067 | 7,267
Other Foreign and Domestic Debt |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees | [2] | 581 | 650
Less portion due within one year |  | $ (189) | $ (92)
Interest rate | [2] | 7.62% | 6.58%
9.5% due 2025 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 801 | $ 802
Interest rate, stated percentage |  | 9.50% | 9.50%
5% due 2026 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 900 | $ 900
Interest rate, stated percentage |  | 5.00% | 5.00%
4.875% due 2027 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 700 | $ 700
Interest rate, stated percentage |  | 4.875% | 4.875%
7.625% due 2027 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 129 | $ 131
Interest rate, stated percentage |  | 7.625% | 7.625%
7% due 2028 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 150 | $ 150
Interest rate, stated percentage |  | 7.00% | 7.00%
2.75% Euro Notes due 2028 | Euro Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 424 | $ 427
Interest rate, stated percentage |  | 2.75% | 2.75%
5% due 2029 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 850 | $ 850
Interest rate, stated percentage |  | 5.00% | 5.00%
5.25% due April 2031 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 550 | $ 550
Interest rate, stated percentage |  | 5.25% | 5.25%
5.25% due July 2031 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 600 | $ 600
Interest rate, stated percentage |  | 5.25% | 5.25%
5.625% due 2033 | Senior Notes |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 450 | $ 450
Interest rate, stated percentage |  | 5.625% | 5.625%
First lien revolving credit facility due 2026 | Revolving Credit Facility | Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 790 | $ 0
Interest rate |  | 6.65% | 0.00%
European revolving credit facility due 2028 | Revolving Credit Facility | Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 530 | $ 374
Interest rate |  | 5.23% | 3.39%
Pan-European accounts receivable facility | Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 260 | $ 267
Interest rate |  | 5.69% | 3.77%
Mexican credit facility | Foreign Line of Credit | Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 200 | $ 200
Interest rate |  | 7.27% | 6.29%
Chinese credit facilities | Foreign Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Less portion due within one year |  | $ (88) | $ (136)
Chinese credit facilities | Foreign Line of Credit | Line of Credit |  |  |
Long-term Debt and Lease Obligation [Abstract] |  |  |
Long-term debt, before deferred financing fees |  | $ 216 | $ 235
Interest rate |  | 3.95% | 4.23%
[1] | Includes $2 million of non-cash financing additions during the nine months ended September 30, 2023, and $20 million of non-cash financing additions during the twelve months ended December 31, 2022
[2] | Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions.

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