XML 25 R12.htm IDEA: XBRL DOCUMENT v3.23.2
Non-current and current financial debts
6 Months Ended
Jun. 30, 2023
Disclosure Of Borrowings [Abstract]  
Non-current and current financial debts Non-current and current financial debts
The below table summarizes non-current and current Financial debts outstanding as of June 30, 2023 and December 31, 2022.
($ millions)June 30, 2023December 31, 2022
Non-current financial debts
Local facilities (Japan), floating rate debt due 202527 — 
2.750% Series 2026 Notes
498 497 
2.375% Series 2028 Notes
538 527 
3.000% Series 2029 Notes
994 994 
2.600% Series 2030 Notes
746 746 
5.375% Series 2032 Notes
693 692 
3.800% Series 2049 Notes
494 494 
5.750% Series 2052 Notes
591 591 
Revolving facility, floating rate due 2026— — 
Total non-current financial debts4,581 4,541 
Current financial debts
Local facilities, floating rate:
Japan52 69 
All others40 
Other short-term financial debts, floating rate26 
Derivatives10 
Total current financial debts100 107 
Total financial debts4,681 4,648 
Interest expense recognized for Financial debts, excluding lease liabilities, was $40 million and $81 million for the three and six months ended June 30, 2023, respectively, and $25 million and $49 million for the three and six months ended June 30, 2022, respectively.
Revolving facility
The $1.0 billion Revolving facility remained undrawn as of June 30, 2023.
Local bilateral facilities
On February 14, 2023, three local bilateral facilities in Japan with commitments totaling $170 million (JPY 22.5 billion) which matured in February 2023 were refinanced by three facilities with two year maturities.