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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2025
Debt Securities, Available-for-Sale [Abstract]  
Schedule of Marketable Securities The following is a summary of amounts recorded on the Consolidated Balance Sheet for marketable securities (current and non-current).
(Millions)March 31, 2025December 31, 2024
Asset backed securities
$16 $24 
Foreign corporate debt
8 31 
U.S. government securities
117 138 
Corporate debt securities388 819 
Commercial paper70 658 
Certificates of deposit/time deposits17 185 
U.S. treasury securities78 269 
U.S. municipal securities4 
Current marketable securities698 2,128 
U.S. municipal securities16 16 
Non-current marketable securities16 16 
Total marketable securities$714 $2,144 
Schedule of Marketable Securities by Contractual Maturity
The balances at March 31, 2025 for marketable securities by contractual maturity are shown below. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
(Millions) 
Due in one year or less $666 
Due after one year through five years 48 
Due after five years through ten years — 
Total marketable securities $714