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Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Debt |
Long-term Debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |
Secured Credit Agreement: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Credit Facility: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Loans | ​ | $ | — | ​ | $ | — | ​
Term Loans: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Term Loan A | ​ | ​ | 1,391 | ​ |  | 1,426 | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​
5.875%, due 2023 | ​ | ​ | ​ | ​ | ​ | 249 | ​
3.125%, due 2024 (€58 million at December 31, 2023 and €725 million at December 31, 2022) | ​ | ​ | 63 | ​ | ​ | 731 | ​
6.375%, due 2025 | ​ | ​ | 299 | ​ | ​ | 298 | ​
5.375%, due 2025 | ​ | ​ | 17 | ​ | ​ | 299 | ​
2.875%, due 2025 (€500 million) | ​ | ​ | 551 | ​ | ​ | 529 | ​
6.625%, due 2027 | ​ | ​ | 608 | ​ | ​ | 607 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 656 | ​ | ​ | ​ | ​
4.750%, due 2030 | ​ | ​ | 396 | ​ | ​ | 396 | ​
7.250%, due 2031 | ​ | ​ | 682 | ​ | ​ | ​ | ​
Finance leases | ​ | ​ | 174 | ​ | ​ | 132 | ​
Other | ​ |  | 3 | ​ |  | 4 | ​
Total long-term debt | ​ |  | 4,840 | ​ |  | 4,671 | ​
Less amounts due within one year | ​ |  | 142 | ​ |  | 300 | ​
Long-term debt | ​ | $ | 4,698 | ​ | $ | 4,371 | ​
Fair values of the Company's significant fixed rate debt obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Principal Amount |  | Indicated Market Price |  | Fair Value | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
3.125%, due 2024 (€58 million) | ​ | $ | 64 |  | $ | 99.75 | ​ | $ | 64 | ​
6.375%, due 2025 | ​ | ​ | 300 | ​ | ​ | 100.89 | ​ | ​ | 303 | ​
5.375%, due 2025 | ​ | ​ | 17 | ​ | ​ | 100.39 | ​ | ​ | 17 | ​
2.875%, due 2025 (€500 million) | ​ | ​ | 553 | ​ | ​ | 99.12 | ​ | ​ | 548 | ​
6.625%, due 2027 | ​ | ​ | 612 | ​ | ​ | 100.59 | ​ | ​ | 616 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 664 | ​ | ​ | 104.99 | ​ | ​ | 697 | ​
4.750%, due 2030 | ​ | ​ | 400 | ​ | ​ | 94.42 | ​ | ​ | 378 | ​
7.250%, due 2031 | ​ | ​ | 690 | ​ | ​ | 101.88 | ​ | ​ | 703 | ​
​

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