Annual report pursuant to Section 13 and 15(d)

Note 15 - Debt (Tables)

v3.20.4
Note 15 - Debt (Tables)
12 Months Ended
Dec. 31, 2020
Notes Tables  
Schedule of Debt [Table Text Block]
   

December 31,

   

December 31,

 
   

2020

   

2019

 

Senior Credit Facilities:

               

Revolving facility

  $     $ 40  

Amounts outstanding under A/R programs

          167  

Term loan

          103  

Senior notes

    2,047       1,963  

Variable interest entities

    50       65  

Other

    24       51  

Total debt

  $ 2,121     $ 2,389  

Total current portion of debt

  $ 593     $ 212  

Long-term portion of debt

    1,528       2,177  

Total debt

  $ 2,121     $ 2,389  
   

December 31,

   

December 31,

 
   

2020

   

2019

 

Senior Credit Facilities:

               

Revolving facility

  $     $ 40  

Amounts outstanding under A/R programs

          167  

Term loan

          103  

Senior notes

    2,047       1,963  

Variable interest entities

    50       65  

Other

    24       51  

Total debt, excluding debt to affiliates

  $ 2,121     $ 2,389  

Total current portion of debt

  $ 593     $ 212  

Long-term portion of debt

    1,528       2,177  

Total debt, excluding debt to affiliates

  $ 2,121     $ 2,389  

Notes payable to affiliates-current

          100  

Notes payable to affiliates-noncurrent

          280  

Total debt

  $ 2,121     $ 2,769  
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

 

April 2022

  $ 150     $

(3)

Applicable rate plus 0.90%

EU A/R Program

 

April 2022

  100      

Applicable rate plus 1.30%

       

(or approximately $123)

   

(or approximately $0)

   
Schedule of Notes Outstanding [Table Text Block]
                   

Unamortized

 
                   

Premiums,

 
                   

Discounts

 
                   

and Debt

 

Notes

 

Maturity

 

Interest Rate

   

Amount Outstanding

 

Issuance Costs

 

2021 Senior Notes

 

April 2021

    5.125 %  

€445 (€445 carrying value $(545))

  $  

2022 Senior Notes

 

November 2022

    5.125 %  

$400 ($399 carrying value)

    1  

2025 Senior Notes

 

April 2025

    4.250 %  

€300 (€298 carrying value $(366))

    2  

2029 Senior Notes

 

February 2029

    4.500 %  

$750 ($737 carrying value)

    13  
Schedule of Maturities of Long-term Debt [Table Text Block]

Year ending December 31,

       

2021

  $ 593  

2022

    403  

2023

    1  

2024

    2  

2025

    369  

Thereafter

    753  
    $ 2,121