v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt  
Long-term Debt

June 30,

December 31,

June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2025

Secured Credit Agreement:

Revolving Credit Facility:

Revolving Loans

$

130

$

$

Term Loans:

Term Loans A

790

799

Term Loans B

640

643

Previous Secured Credit Agreement:

Revolving Credit Facility:

205

Revolving Loans

Term Loans:

Term Loans A

1,339

Senior Notes:

6.625%, due 2027

610

610

6.250%, due 2028 (€600 million)

680

700

699

5.250%, due 2029 (€500 million)

565

581

580

4.750%, due 2030

398

397

397

7.250%, due 2031

684

684

683

7.375%, due 2032

297

297

296

9.500%, due 2033

493

Finance leases

152

174

186

Other

 

27

18

8

Total long-term debt

 

4,856

 

4,903

5,003

Less amounts due within one year

 

63

66

105

Long-term debt

$

4,793

$

4,837

$

4,898

Fair values of the Company's significant fixed rate debt obligations

Principal

Indicated Market

  ​ ​ ​

Amount

  ​ ​ ​

Price

  ​ ​ ​

Fair Value

Senior Notes:

6.250%, due 2028 (€600 million)

$

683

101.61

$

694

5.250%, due 2029 (€500 million)

569

101.76

579

4.750%, due 2030

400

94.99

380

7.250%, due 2031

690

98.82

682

7.375%, due 2032

300

96.05

288

9.500%, due 2033

500

102.50

513