Annual report pursuant to Section 13 and 15(d)

Note 14 - Debt (Tables)

v3.22.0.1
Note 14 - Debt (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Schedule of Debt [Table Text Block]
   

December 31,

   

December 31,

 
   

2021

   

2020

 

Senior Credit Facilities:

               

Revolving facility

  $     $  

Amounts outstanding under A/R programs

           

Senior notes

    1,473       2,047  

Variable interest entities

    45       50  

Other

    32       24  

Total debt

  $ 1,550     $ 2,121  

Total current portion of debt

  $ 12     $ 593  

Long-term portion of debt

    1,538       1,528  

Total debt

  $ 1,550     $ 2,121  
Schedule of Line of Credit Facilities [Table Text Block]
                   

Unamortized

                   
                   

Discounts and

                   
   

Committed

   

Principal

   

Debt Issuance

   

Carrying

           

Facility

 

Amount

   

Outstanding

   

Costs

   

Value

 

Interest Rate(2)

 

Maturity

 

Revolving Credit Facility

  $ 1,200     $

(1)

  $

(1)

  $

(1)

USD LIBOR plus 1.50%

    2023  
Schedule of Accounts Receivable Programs [Table Text Block]
       

Maximum Funding

   

Amount

   

Facility

 

Maturity

 

Availability(1)

   

Outstanding

 

Interest Rate(2)

U.S. A/R Program

 

July 2024

  $ 150     $

(3)

Applicable rate plus 0.90%

EU A/R Program

 

July 2024

  100      

Applicable rate plus 1.30%

       

(or approximately $113)

   

(or approximately $0)

   
Schedule of Notes Outstanding [Table Text Block]
                   

Unamortized

 
                   

Premiums,

 
                   

Discounts

 
                   

and Debt

 

Notes

 

Maturity

 

Interest Rate

   

Amount Outstanding

 

Issuance Costs

 

2025 Senior Notes

 

April 2025

    4.25 %  

€300 (€299 carrying value $(338))

  $ 1  

2029 Senior Notes

 

February 2029

    4.50 %  

$750 ($739 carrying value)

    11  

2031 Senior Notes

 

June 2031

    2.95 %  

$400 ($396 carrying value)

    4  
Schedule of Maturities of Long-term Debt [Table Text Block]

Year ending December 31,

       

2022

  $ 12  

2023

    11  

2024

    12  

2025

    350  

2026

    11  

Thereafter

    1,154  
    $ 1,550