XML 116 R105.htm IDEA: XBRL DOCUMENT v3.25.0.1
Financing Arrangements and Derivative Financial Instruments - Credit Facilities Narrative (Details)
€ in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2024
EUR (€)
Oct. 16, 2024
EUR (€)
Dec. 31, 2023
EUR (€)
Line Of Credit Facility [Line Items]          
Credit arrangements, unused amount $ 3,555        
Debt instrument carrying amount 6,994 $ 7,049      
Accounts Receivable Factoring Facilities | Secured Debt          
Line Of Credit Facility [Line Items]          
Off-balance sheet accounts receivable securitization 773 693      
Chinese credit facilities          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity 817 937      
Line of credit facility, amount outstanding 317 280      
Long-term debt, before deferred financing fees 81 54      
Credit arrangements, unused amount 31 93      
Supplier Financing          
Line Of Credit Facility [Line Items]          
Amounts available under programs 775 892      
Confirmed amounts to the financial institutions 604 580      
Line of Credit | Revolving Credit Facility          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity $ 11,223        
Line of Credit | Revolving Credit Facility | Minimum          
Line Of Credit Facility [Line Items]          
Basis spread on reference rate 1.00%        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity $ 2,750        
Increase in value of principal trademarks $ 400        
Basis spread 1.25%        
Line of credit facility, additional borrowing capacity which may be requested from lenders $ 250        
Maximum percentage of voting equity interest In foreign subsidiaries to guarantee debt obligation 65.00%   65.00%    
Line of credit facility, maximum borrowing capacity inputs, increase based on value of cash $ 275        
Amount of availability under the facility plus available cash, less than 275        
Available cash plus availability under facility 750        
Letters of credit, amount outstanding 1 1      
Line of credit facility, current borrowing capacity 2,750        
Debt instrument carrying amount $ 700 385      
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Minimum          
Line Of Credit Facility [Line Items]          
Minimum EBITDA ratio permitted in four consecutive quarters if below available cash threshold 1        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Maximum          
Line Of Credit Facility [Line Items]          
Basis spread 1.50%        
Minimum EBITDA ratio permitted in four consecutive quarters if below available cash threshold 2        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Base Rate | Minimum          
Line Of Credit Facility [Line Items]          
Basis spread 0.25%        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Base Rate | Maximum          
Line Of Credit Facility [Line Items]          
Basis spread 0.50%        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Overnight Bank Funding Rate          
Line Of Credit Facility [Line Items]          
Basis spread on reference rate 0.50%        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Commitment Fee Rate          
Line Of Credit Facility [Line Items]          
Annual commitment fee percentage on undrawn amounts 0.25%        
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]          
Line Of Credit Facility [Line Items]          
Basis spread 1.25%        
Line of Credit | First lien revolving credit facility due 2026 | Letter of Credit          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity $ 800        
Line of Credit | Pan-European Accounts Receivable Facility          
Line Of Credit Facility [Line Items]          
Debt instrument carrying amount 227 244      
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €       € 300  
Line of credit facility, current borrowing capacity 227 244      
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt | Minimum          
Line Of Credit Facility [Line Items]          
Line of Credit Facility Minimum Borrowing Capacity | €     € 30    
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt | Maximum          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     450    
Line of Credit | Mexican Credit Facilities          
Line Of Credit Facility [Line Items]          
Line of credit facility, current borrowing capacity 200 200      
Amount utilized under facility   84      
Debt instrument carrying amount 200 84      
Line of Credit | Chinese credit facilities          
Line Of Credit Facility [Line Items]          
Debt instrument carrying amount $ 147 174      
Line of Credit | European Revolving Credit Facility          
Line Of Credit Facility [Line Items]          
Line of credit facility, additional borrowing capacity which may be requested from lenders | €     200    
Line of Credit | European Revolving Credit Facility | Revolving Credit Facility          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     800    
Basis spread 1.50%        
Letters of credit, amount outstanding $ 0 0      
Annual commitment fee percentage on undrawn amounts 0.25%        
Debt instrument carrying amount $ 0 $ 0      
Line of Credit | European Revolving Credit Facility | Revolving Credit Facility | European Interbank Offer Rate (Euribor)          
Line Of Credit Facility [Line Items]          
Basis spread 1.50%        
Line of Credit | European Revolving Credit Facility | Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA)          
Line Of Credit Facility [Line Items]          
Basis spread 1.50%        
Line of Credit | European Revolving Credit Facility | Bridge Loan          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     175    
Line of Credit | European Revolving Credit Facility | Secured Debt          
Line Of Credit Facility [Line Items]          
Line of credit facility, current borrowing capacity | €     218   € 221
Line of Credit | European Revolving Credit Facility | German Tranche          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     180    
Line of Credit | European Revolving Credit Facility | All-Borrower Tranche          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     620    
Line of Credit | European Revolving Credit Facility | Letter of Credit          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity | €     € 75    
Swingline Loans | First lien revolving credit facility due 2026 | Revolving Credit Facility          
Line Of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity $ 50