Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Individual Components of Debt

The following were individual components of debt:


	June 30,		December 31,
	2025		2024
$292 million senior debentures due 2025	$292		$292
$500 million senior notes due 2027	483		479
$700 million receivables securitization due 2027	550		435
€750 million senior notes due 2027	882		781
$500 million senior notes due 2028	484		481
$600 million senior notes due 2028	583		580
€100 million receivables securitization variable funding notes due 2029	118		—
€230 million receivables securitization variable funding notes due 2029	176		5
€500 million senior green notes due 2029	587		520
$750 million senior notes due 2029	749		749
$400 million senior notes due 2030	449		454
$750 million senior green notes due 2030	749		749
$300 million senior notes due 2031	337		339
$76 million senior notes due 2032	81		82
$500 million senior notes due 2032	474		473
€600 million senior green notes due 2032	705		624
€500 million senior green notes due 2033	587		519
$600 million senior notes due 2033	518		514
$1,000 million senior green notes due 2034	1,000		1,000
$850 million senior green notes due 2035	850		850
€600 million senior green notes due 2036	705		624
$3 million senior notes due 2037	3		3
$150 million senior notes due 2047	174		175
$1,000 million senior green notes due 2054	1,000		1,000
Commercial paper	529		546
Vendor financing and commercial card programs	111		116
Term loan facilities	600		600
Bank loans	94		120
Finance lease obligations	549		539
Bank overdrafts	6		9
Total debt, excluding debt issuance costs	14,425		13,658
Debt issuance costs	(62)		(63)
Total debt	14,363		13,595
Less: Current portion of debt	(1,034)		(1,053)
Non-current debt due after one year	$13,329		$12,542