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Short-Term Borrowings and Long-Term Debt (Notes) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Short-Term Borrowings and Long-Term Debt [Text Block] | Short-Term Borrowings and Long-Term Debt Short-term borrowings and senior unsecured long-term debt consisted of the following:
|  | Carrying Value As of December 31,
(in millions, except percentages) |  | 2021 |  | 2020
Commercial paper |  | $ | — |  |  | $ | 1,296 |
$400 million 4.700% notes due February 2021 |  | — |  |  | 400 |
$750 million 2.125% notes due March 2021 |  | — |  |  | 750 |
$350 million Floating rate notes due June 2021 |  | — |  |  | 350 |
$400 million 3.150% notes due June 2021 |  | — |  |  | 400 |
$500 million 3.375% notes due November 2021 |  | — |  |  | 507 |
$750 million 2.875% notes due December 2021 |  | — |  |  | 762 |
$1,100 million 2.875% notes due March 2022 |  | 1,097 |  |  | 1,113 |
$1,000 million 3.350% notes due July 2022 |  | 999 |  |  | 999 |
$900 million 2.375% notes due October 2022 |  | 899 |  |  | 897 |
$15 million 0.000% notes due November 2022 |  | 14 |  |  | 14 |
$625 million 2.750% notes due February 2023 |  | 632 |  |  | 644 |
$750 million 2.875% notes due March 2023 |  | 768 |  |  | 789 |
$750 million 3.500% notes due June 2023 |  | 749 |  |  | 748 |
$750 million 3.500% notes due February 2024 |  | 748 |  |  | 747 |
$1,000 million 0.550% notes due May 2024 |  | 996 |  |  | — |
$750 million 2.375% notes due August 2024 |  | 748 |  |  | 747 |
$2,000 million 3.750% notes due July 2025 |  | 1,994 |  |  | 1,992 |
$300 million 3.700% notes due December 2025 |  | 299 |  |  | 298 |
$500 million 1.250% notes due January 2026 |  | 497 |  |  | 496 |
$1,000 million 3.100% notes due March 2026 |  | 997 |  |  | 997 |
$1,000 million 1.150% notes due May 2026 |  | 972 |  |  | — |
$750 million 3.450% notes due January 2027 |  | 747 |  |  | 747 |
$625 million 3.375% notes due April 2027 |  | 621 |  |  | 620 |
$950 million 2.950% notes due October 2027 |  | 942 |  |  | 940 |
$1,150 million 3.850% notes due June 2028 |  | 1,144 |  |  | 1,143 |
$850 million 3.875% notes due December 2028 |  | 844 |  |  | 844 |
$1,000 million 2.875% notes due August 2029 |  | 1,023 |  |  | 1,086 |
$1,250 million 2.000% notes due May 2030 |  | 1,235 |  |  | 1,234 |
$1,500 million 2.300% notes due May 2031 |  | 1,482 |  |  | — |
$1,000 million 4.625% notes due July 2035 |  | 993 |  |  | 992 |
$850 million 5.800% notes due March 2036 |  | 839 |  |  | 839 |
$500 million 6.500% notes due June 2037 |  | 492 |  |  | 492 |
$650 million 6.625% notes due November 2037 |  | 642 |  |  | 641 |
$1,100 million 6.875% notes due February 2038 |  | 1,078 |  |  | 1,077 |
$1,250 million 3.500% notes due August 2039 |  | 1,242 |  |  | 1,241 |
$1,000 million 2.750% notes due May 2040 |  | 966 |  |  | 964 |
$300 million 5.700% notes due October 2040 |  | 296 |  |  | 296 |
$350 million 5.950% notes due February 2041 |  | 346 |  |  | 346 |
$1,500 million 3.050% notes due May 2041 |  | 1,483 |  |  | — |
$600 million 4.625% notes due November 2041 |  | 589 |  |  | 589 |
$502 million 4.375% notes due March 2042 |  | 485 |  |  | 485 |
$625 million 3.950% notes due October 2042 |  | 608 |  |  | 608 |
$750 million 4.250% notes due March 2043 |  | 736 |  |  | 735 |
$2,000 million 4.750% notes due July 2045 |  | 1,974 |  |  | 1,974 |
$750 million 4.200% notes due January 2047 |  | 739 |  |  | 738 |
$725 million 4.250% notes due April 2047 |  | 718 |  |  | 717 |
$950 million 3.750% notes due October 2047 |  | 934 |  |  | 934 |
$1,350 million 4.250% notes due June 2048 |  | 1,330 |  |  | 1,330 |
$1,100 million 4.450% notes due December 2048 |  | 1,087 |  |  | 1,086 |
$1,250 million 3.700% notes due August 2049 |  | 1,236 |  |  | 1,235 |
$1,250 million 2.900% notes due May 2050 |  | 1,209 |  |  | 1,208 |
$2,000 million 3.250% notes due May 2051 |  | 1,970 |  |  | — |
$1,250 million 3.875% notes due August 2059 |  | 1,228 |  |  | 1,228 |
$1,000 million 3.125% notes due May 2060 |  | 965 |  |  | 965 |
Total short-term borrowings and long-term debt |  | $ | 44,632 |  |  | $ | 42,280 |
The Company’s long-term debt obligations also included $1.4 billion and $1.2 billion of other financing obligations, of which $611 million and $354 million were current as of December 31, 2021 and 2020, respectively. Maturities of short-term borrowings and long-term debt for the years ending December 31 are as follows:
(in millions) |  |
2022 |  | $ | 3,626 |
2023 |  | 2,277 |
2024 |  | 2,652 |
2025 |  | 2,452 |
2026 |  | 2,652 |
Thereafter |  | 32,829 |
Short-Term Borrowings Commercial paper consists of short-duration, senior unsecured debt privately placed on a discount basis through broker-dealers. The Company has $5.6 billion five-year, $5.6 billion three-year and $3.8 billion 364-day revolving bank credit facilities with 24 banks, which mature in December 2026, December 2024 and December 2022, respectively. These facilities provide full liquidity support for the Company’s commercial paper program and are available for general corporate purposes. As of December 31, 2021, no amounts had been drawn on any of the bank credit facilities. The annual interest rates, which are variable based on term, are calculated based on one-month Term Secured Overnight Financing Rate (SOFR) plus a SOFR Adjustment of 10 basis points plus a credit spread based on the Company’s senior unsecured credit ratings. If amounts had been drawn on the bank credit facilities as of December 31, 2021, annual interest rates would have ranged from 0.8% to 0.9%. Debt Covenants The Company’s bank credit facilities contain various covenants, including requiring the Company to maintain a debt to debt-plus-shareholders’ equity ratio of not more than 60%. The Company was in compliance with its debt covenants as of December 31, 2021.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(c)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1E -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 + Details
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