v3.25.1
Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt  
Schedule of long-term debt

March 31,

December 31,

($ in millions)

    

2025

    

2024

Senior Notes

5.25% due July 2025

$

189

$

189

4.875% due March 2026

256

256

1.50%, euro denominated, due March 2027

595

569

6.875% due March 2028

750

750

6.00% due June 2029

1,000

1,000

2.875% due August 2030

1,300

1,300

3.125% due September 2031

850

850

Senior Credit Facility (at variable rates)

U.S. dollar revolver due June 2027 (5.41% - 2025)

850

Multi-currency revolver due June 2027 (5.42% - 2025)

200

Term A loan due June 2027 (5.42% - 2025)

625

625

Finance lease obligations

7

7

Other (including debt issuance costs)

(41)

(43)

6,581

5,503

Less: Current portion of long-term debt

(447)

(191)

Long-term debt

$

6,134

$

5,312

Short-term debt

Current portion of long-term debt

$

447

$

191

Short-term finance leases

24

Short-term committed loans

86

109

Short-term uncommitted credit facilities

50

37

Short-term debt and current portion of long-term debt

$

583

$

361