XML 50 R41.htm IDEA: XBRL DOCUMENT v3.21.4
Debt (Narrative) (Details) - USD ($)
3 Months Ended 6 Months Ended
Oct. 14, 2021
Sep. 17, 2019
Dec. 31, 2021
Dec. 31, 2021
Jan. 01, 2021
Jul. 02, 2021
Jan. 13, 2021
Dec. 08, 2020
Jun. 18, 2020
Jun. 10, 2020
Sep. 18, 2019
Feb. 20, 2019
Feb. 03, 2017
May 14, 2015
Dec. 02, 2014
May 28, 2014
May 22, 2013
Debt Instrument [Line Items]                                  
Amount of borrowings drawn     $ 0                            
Repayments of Long-term Debt       $ 481,000,000 $ 21,000,000                        
Less: current portion of debt     (235,000,000) (235,000,000)   $ (245,000,000)                      
Long-term Debt, Excluding Current Maturities     5,626,000,000 5,626,000,000   4,894,000,000                      
Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Long-term debt, gross     5,895,000,000 5,895,000,000   5,173,000,000                      
Debt issuance costs     (34,000,000) (34,000,000)   (34,000,000)                      
Debt, net of debt issuance costs     5,861,000,000 5,861,000,000   5,139,000,000                      
Less: current portion of debt     (235,000,000) (235,000,000)   (245,000,000)                      
Long-term Debt, Excluding Current Maturities     5,626,000,000 5,626,000,000   4,894,000,000                      
Senior Notes 4.25 Percent Due March 2022 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     220,000,000 220,000,000   220,000,000                      
Senior Notes 4.75 Percent Due June 2023 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     541,000,000 541,000,000   541,000,000                      
Senior Notes 4.875 Percent Due March 2024 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     499,000,000 499,000,000   499,000,000                      
Senior Notes 4.75 Percent Due January 2025 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     479,000,000 479,000,000   479,000,000                      
Senior Notes 4.875 percent Due June 2027 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     504,000,000 504,000,000   504,000,000                      
Senior note 5.75 percent due December 2034 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     489,000,000 489,000,000   489,000,000                      
Senior note 4.091 percent due June 2029 | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     463,000,000 463,000,000   461,000,000                      
Senior note 5.75 percent due December 2034 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     500,000,000 500,000,000   499,000,000                      
Senior note 3.125 percent due July 2029 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     500,000,000 500,000,000   500,000,000                      
Senior Notes 3.375 Percent due July 2031 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     500,000,000 500,000,000   500,000,000                      
LIBOR based Term Loan Due September 2025 [Member] | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     0 0   $ 481,000,000                      
Term Loan A1 | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     600,000,000 600,000,000                          
Term Loan A2 | Reported Value Measurement [Member]                                  
Debt Instrument [Line Items]                                  
Senior Notes     $ 600,000,000 $ 600,000,000                          
2019 Revolving Credit Facility | Revolving Credit Facility                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity $ 1,750,000,000           $ 1,725,000,000                    
Term Loan | Revolving Credit Facility                                  
Debt Instrument [Line Items]                                  
Redemption price   1.25%                              
Term Loan | Term Loan                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity                       $ 500,000,000          
Amount of borrowings drawn   $ 500,000,000                              
Line of Credit Facility, Repayment 475,000,000                                
Senior Notes | Senior Notes 4.25 Percent Due March 2022 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                         $ 750,000,000        
Stated interest rate (as a percent)                         4.25%        
Amount of debt repurchased                     $ 9,000,000            
Senior Notes | Senior Notes 4.75 Percent Due June 2023 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                                 $ 1,000,000,000
Stated interest rate (as a percent)                                 4.75%
Amount of debt repurchased                     $ 5,000,000            
Gain (loss) on repurchase of debt instrument         $ 1,000,000                        
Senior Notes | Senior Notes 4.875 Percent Due March 2024 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                         $ 500,000,000        
Stated interest rate (as a percent)                         4.875%        
Senior Notes | Senior Notes 4.75 Percent Due January 2025 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                               $ 1,000,000,000  
Stated interest rate (as a percent)                               4.75%  
Senior Notes | Senior Notes 4.875 percent Due June 2027 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                           $ 700,000,000      
Stated interest rate (as a percent)                           4.875%      
Senior Notes | Senior note 5.75 percent due December 2034 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                             $ 500,000,000    
Stated interest rate (as a percent)                             5.75%    
Senior Notes | Senior note 4.091 percent due June 2029                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                 $ 500,000,000                
Stated interest rate (as a percent)                 4.091%                
Senior Notes | Senior note 5.75 percent due December 2034 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount                   $ 500,000,000              
Stated interest rate (as a percent)                   4.125%              
Senior Notes | Senior note 3.125 percent due July 2029 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount               $ 500,000,000                  
Stated interest rate (as a percent)               3.125%                  
Senior Notes | Senior Notes 3.375 Percent due July 2031 [Member]                                  
Debt Instrument [Line Items]                                  
Aggregate principal amount               $ 500,000,000                  
Stated interest rate (as a percent)               3.375%                  
Term Loan A1 | Term Loan                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity 600,000,000                                
Term Loan A2 | Term Loan                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity 600,000,000                                
October 2021 Term Loan | Term Loan                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity 1,200,000,000                                
October 2021 Term Loan A2 | Term Loan                                  
Debt Instrument [Line Items]                                  
Line of credit facility, maximum borrowing capacity $ 600,000,000                                
Minimum | 2019 Revolving Credit Facility                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 1.125%                                
Minimum | Term Loan A1                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 1.125%                                
Minimum | Term Loan A2                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 1.25%                                
Maximum | 2019 Revolving Credit Facility                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 2.375%                                
Maximum | Term Loan A1                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 2.375%                                
Maximum | Term Loan A2                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Basis Spread on Variable Rate 2.50%