v3.24.2
Schedule of Long-Term Obligations (Details)
€ in Millions, $ in Millions
Jun. 30, 2024
USD ($)
Mar. 13, 2024
EUR (€)
Dec. 31, 2023
USD ($)
Debt Instrument      
Finance lease obligations $ 93   $ 83
Total debt 4,334   4,281
Less: long-term debt issuance costs and unamortized bond discounts (37)   (30)
Total debt, net of debt issuance costs and unamortized bond discounts 4,297   4,251
Less: current maturities, net of debt issuance costs (44)   (596)
Long-term debt, net of debt issuance costs and unamortized bond discounts $ 4,253   $ 3,655
Finance Lease, Weighted Average Discount Rate, Percent 5.02%   4.83%
Senior Unsecured Credit Agreement - Term Loan Payable      
Debt Instrument      
Term loan payable $ 500   $ 500
Interest rate 6.82%   6.83%
Senior Unsecured Credit Agreement      
Debt Instrument      
Revolving credit facilities $ 734   $ 914
Weighted average interest rates 6.68%   6.25%
Senior Unsecured Term Loan Credit Agreement (CAD Note)      
Debt Instrument      
Term loan payable $ 512   $ 529
Interest rate 6.44%   6.82%
U.S. Notes (2028)      
Debt Instrument      
Long-term Debt $ 800   $ 800
Interest rate 5.75%   5.75%
U.S. Notes (2033)      
Debt Instrument      
Long-term Debt $ 600   $ 600
Interest rate 6.25%   6.25%
Euro Notes (2024)      
Debt Instrument      
Long-term Debt $ 0   $ 552
Interest rate 0.00% 3.875% 3.88%
Euro Notes (2028)      
Debt Instrument      
Long-term Debt $ 268   $ 276
Interest rate 4.13%   4.13%
Euro Notes (2031)      
Debt Instrument      
Long-term Debt $ 803 € 750 $ 0
Interest rate 4.13% 4.125% 0.00%
Notes Payable      
Debt Instrument      
Notes Payable $ 17   $ 16
Weighted average interest rates 3.44%   3.85%
Other Debt      
Debt Instrument      
Other Debt $ 7   $ 11
Weighted average interest rates 5.66%   2.16%