Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt and Borrowing Arrangements (Narrative) (Details)

v3.23.3
Long-Term Debt and Borrowing Arrangements (Narrative) (Details)
 3 Months Ended 9 Months Ended
May 25, 2023
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Apr. 08, 2022
USD ($)
Debt Instrument [Line Items]              
Gain (loss) on interest rate cash flow hedge ineffectiveness       $ 0      
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months, net   $ 38,000,000   38,000,000      
Interest expense, net   27,000,000 $ 21,000,000 73,000,000 $ 60,000,000    
Interest paid       80,000,000 64,000,000    
Interest Rate Cash Flow Hedge Asset at Fair Value   45,000,000   45,000,000   $ 53,000,000  
Early extinguishment of debt   0 0 3,000,000 2,000,000    
Interest Rate Swap              
Debt Instrument [Line Items]              
Total notional amount   $ 1,100,000,000   $ 1,100,000,000      
Debt instrument, hedged amount, percentage   96.00%   96.00%      
Debt instrument term       1 month      
Interest rate cash flow hedge gain (loss) reclassified to earnings, net   $ 10,000,000 $ 1,000,000 $ 26,000,000 $ (7,000,000)    
Interest Rate Swap 1              
Debt Instrument [Line Items]              
Total notional amount   $ 600,000,000   $ 600,000,000      
Fixed interest rate on interest rate swap   2.33%   2.33%      
Interest Rate Swap 2              
Debt Instrument [Line Items]              
Total notional amount   $ 500,000,000   $ 500,000,000      
Fixed interest rate on interest rate swap   0.91%   0.91%      
Line of Credit              
Debt Instrument [Line Items]              
Debt instrument, face amount           2,350,000,000  
Senior Unsecured Notes due August 2028 | Senior Notes              
Debt Instrument [Line Items]              
Long-term debt   $ 495,000,000   $ 495,000,000   494,000,000  
$1.6 billion term loan B (due May 2025) | Long-term Debt              
Debt Instrument [Line Items]              
Long-term debt           1,139,000,000  
Debt instrument, face amount   1,600,000,000   1,600,000,000      
$400 million term loan A (due April 2027) | Long-term Debt              
Debt Instrument [Line Items]              
Long-term debt   389,000,000   389,000,000   399,000,000 $ 400,000,000
Debt instrument, face amount   400,000,000   400,000,000      
Term Loan due 2030 | Long-term Debt              
Debt Instrument [Line Items]              
Long-term debt   1,125,000,000   1,125,000,000      
Debt instrument, face amount   1,100,000,000   1,100,000,000      
Term Loan B Facility | Interest Rate Swap              
Debt Instrument [Line Items]              
Total notional amount   $ 600,000,000   $ 600,000,000      
Fixed interest rate on interest rate swap   3.84%   3.84%      
$750 million revolving credit facility (due May 2023)              
Debt Instrument [Line Items]              
Amount borrowed   $ 110,000,000          
Debt issuance costs   3,000,000   $ 3,000,000   4,000,000  
Total capacity   750,000,000   750,000,000      
$750 million revolving credit facility (due May 2023) | Line of Credit              
Debt Instrument [Line Items]              
Long-term debt   110,000,000   110,000,000   0  
Debt instrument, face amount   $ 750,000,000   $ 750,000,000   750,000,000  
$750 million revolving credit facility (due May 2023) | Term Loan B Facility | Line of Credit              
Debt Instrument [Line Items]              
Debt instrument, face amount $ 1,140,000,000         $ 1,600,000,000  
Periodic payment rate 0.0025            
$750 million revolving credit facility (due May 2023) | Term Loan B Facility | Line of Credit | Base Rate              
Debt Instrument [Line Items]              
Basis spread 1.25%            
$750 million revolving credit facility (due May 2023) | Term Loan B Facility | Line of Credit | SOFR Adjustment              
Debt Instrument [Line Items]              
Basis spread 0.10%            
$750 million revolving credit facility (due May 2023) | Term Loan B Facility | Line of Credit | SOFR              
Debt Instrument [Line Items]              
Basis spread 2.25%            
$750 million revolving credit facility (due May 2023) | Term Loan B Facility | Line of Credit | SOFR | Minimum              
Debt Instrument [Line Items]              
Basis spread 0.00%