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Fair Value (Notes)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value [Text Block] Fair Value
Certain assets and liabilities are measured at fair value in the Condensed Consolidated Financial Statements or have fair values disclosed in the Notes to the Condensed Consolidated Financial Statements. These assets and liabilities are classified into one of three levels of a hierarchy defined by GAAP.
For a description of the methods and assumptions that are used to estimate the fair value and determine the fair value hierarchy classification of each class of financial instrument, see Note 4 of Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements and Supplementary Data” in the 2024 10-K.
The following table presents a summary of fair value measurements by level and carrying values for items measured at fair value on a recurring basis in the Condensed Consolidated Balance Sheets:
(in millions)Quoted Prices
in Active
Markets
(Level 1)		Other
Observable
Inputs
(Level 2)		Unobservable
Inputs
(Level 3)		Total
Fair and Carrying
Value
March 31, 2025
Cash and cash equivalents$30,183$534$—$30,717
Debt securities - available-for-sale:
U.S. government and agency obligations3,936129—4,065
State and municipal obligations—6,747—6,747
Corporate obligations3022,73047823,238
U.S. agency mortgage-backed securities—9,603—9,603
Non-U.S. agency mortgage-backed securities—2,794—2,794
Total debt securities - available-for-sale3,96642,00347846,447
Equity securities1,7082132152,136
Total assets at fair value$35,857$42,750$693$79,300
Percentage of total assets at fair value45 %54 %1 %100 %
December 31, 2024
Cash and cash equivalents$25,248$64$—$25,312
Debt securities - available-for-sale:
U.S. government and agency obligations4,194133—4,327
State and municipal obligations—6,984—6,984
Corporate obligations2922,84143723,307
U.S. agency mortgage-backed securities—9,584—9,584
Non-U.S. agency mortgage-backed securities—2,717—2,717
Total debt securities - available-for-sale4,22342,25943746,919
Equity securities1,85924651,948
Total assets at fair value$31,330$42,347$502$74,179
Percentage of total assets at fair value42 %57 %1 %100 %
There were no transfers in or out of Level 3 financial assets or liabilities during the three months ended March 31, 2025 or 2024.
The following table presents a summary of fair value measurements by level and carrying values for certain financial instruments not measured at fair value on a recurring basis in the Condensed Consolidated Balance Sheets:
(in millions)Quoted Prices
in Active
Markets
(Level 1)		Other
Observable
Inputs
(Level 2)		Unobservable
Inputs
(Level 3)		Total
Fair
Value		Total Carrying Value
March 31, 2025
Debt securities - held-to-maturity$464 $25 $— $489 $492 
Long-term debt and other financing obligations$— $71,337 $— $71,337 $76,036 
December 31, 2024
Debt securities - held-to-maturity$482 $26 $— $508 $512 
Long-term debt and other financing obligations$— $70,565 $— $70,565 $75,604 
Nonfinancial assets and liabilities or financial assets and liabilities that are measured at fair value on a nonrecurring basis are subject to fair value adjustments only in certain circumstances, such as when the Company records an impairment. The assets and liabilities within our South American operations held for sale as of March 31, 2025 were measured at the lower of carrying value or fair value less cost to sell. Fair value is measured based upon unobservable amounts, such as estimated selling price derived from Company-specific information and market conditions. There were no significant fair value adjustments for assets and liabilities recorded during the three months ended March 31, 2025 or 2024.