Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
Long-Term Debt and Borrowing Arrangements (Narrative) (Details) - USD ($)
 1 Months Ended 3 Months Ended 9 Months Ended
May 31, 2024
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Debt Instrument [Line Items]            
Available capacity   $ 681,000,000   $ 681,000,000    
Aggregate fair value of interest rate swaps           $ 13,000,000
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   7,000,000   7,000,000    
Interest expense, net   34,000,000 $ 27,000,000 93,000,000 $ 73,000,000  
Interest paid       99,000,000 80,000,000  
Early extinguishment of debt   0 $ 0 3,000,000 $ 3,000,000  
Interest rate cash flow hedge liability at fair value   $ 14,000,000   $ 14,000,000    
Weighted Average            
Debt Instrument [Line Items]            
Fixed interest rate on interest rate swap   1.95% 1.79% 1.95% 1.79%  
Interest Rate Swap            
Debt Instrument [Line Items]            
Total notional amount   $ 1,500,000,000   $ 1,500,000,000    
Interest rate cash flow hedge gain (loss) reclassified to earnings, net   8,000,000 $ (10,000,000) 28,000,000 $ (26,000,000)  
Interest Rate Swap 1            
Debt Instrument [Line Items]            
Total notional amount   $ 600,000,000   $ 600,000,000    
Interest Rate Swap 1 | Minimum            
Debt Instrument [Line Items]            
Fixed interest rate on interest rate swap   0.91%   0.91%    
Interest Rate Swap 1 | Maximum            
Debt Instrument [Line Items]            
Fixed interest rate on interest rate swap   3.84%   3.84%    
Interest Rate Swap 2            
Debt Instrument [Line Items]            
Total notional amount   $ 475,000,000   $ 475,000,000    
Interest Rate Swap 3            
Debt Instrument [Line Items]            
Total notional amount   $ 275,000,000   $ 275,000,000    
Fixed interest rate on interest rate swap   3.37%   3.37%    
Interest Rate Swap 4            
Debt Instrument [Line Items]            
Total notional amount   $ 350,000,000   $ 350,000,000    
Fixed interest rate on interest rate swap   3.31%   3.31%    
Interest Rate Swap 5            
Debt Instrument [Line Items]            
Total notional amount   $ 350,000,000   $ 350,000,000    
$1.5 billion term loan B (due May 2030) | Long-term Debt            
Debt Instrument [Line Items]            
Long-term debt   1,518,000,000   1,518,000,000   1,123,000,000
Debt instrument, face amount   1,500,000,000   1,500,000,000    
Quarterly amortization of principal, percentage 0.25%          
$1.5 billion term loan B (due May 2030) | Long-term Debt | Base Rate            
Debt Instrument [Line Items]            
Basis spread 0.75%          
$1.5 billion term loan B (due May 2030) | Long-term Debt | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Basis spread 1.75%          
$1.5 billion term loan B (due May 2030), additional tranche | Long-term Debt            
Debt Instrument [Line Items]            
Debt instrument, face amount   400,000,000   400,000,000    
$750 million revolving credit facility (due May 2023)            
Debt Instrument [Line Items]            
Debt issuance costs   2,000,000   2,000,000   3,000,000
$750 million revolving credit facility (due May 2023) | Line of Credit            
Debt Instrument [Line Items]            
Long-term debt   69,000,000   69,000,000   $ 160,000,000
Debt instrument, face amount   $ 750,000,000   $ 750,000,000