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Borrowings and Lines of Credit (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Issuances of Long-Term Debt | We had the following issuances of long-term debt during 2021:
Issuance Date | Description of Notes | Aggregate Principal Balance (in millions) |
November 16, 2021 | 2.375% notes due 2032 (1) | $ | 1,000 |  |
| 3.030% notes due 2052 (1) | 1,100 |  |
August 10, 2021 | 1.900% notes due 2031 (2) | 1,000 |  |
| 2.820% notes due 2051 (2) | 1,000 |  |
(1) The net proceeds received from these debt issuances were used to fund the purchase of the Tender Offer Notes. (2) The net proceeds received from these debt issuances, along with cash on hand, were used to fund the repayment of our 2.800% and 2.500% notes due in 2022.
Schedule of Repayments of Long-Term Debt | We made the following repayments of long-term debt during 2021:
Repayment Date | Description of Notes | Aggregate Principal Balance (in millions)
November 17, 2021 | 5.700% notes due 2040 (1) | $ | 447 |
| 6.125% notes due 2038 (1) | 425 |
| 6.050% notes due 2036 (1) | 190 |
| 5.400% notes due 2035 (1) | 154 |
| 7.500% notes due 2029 (1) | 136 |
| 6.700% notes due 2028 (1) | 115 |
| 6.800% notes due 2036 (1) | 17 |
| 7.000% notes due 2038 (1) | 11 |
| 7.100% notes due 2027 (1) | 6 |
November 15, 2021 | 3.100% notes due 2021 | 250 |
August 26, 2021 | 2.800% notes due 2022 (1) | 1,100 |
| 2.500% notes due 2022 (1) | 1,100 |
March 1, 2021 | 8.750% notes due 2021 | 250 |
(1) In connection with the early repayment of outstanding principal, we recorded debt extinguishment costs of $649 million in 2021.
Schedule of Long-term Debt Instruments | Long-term debt consisted of the following as of December 31:
(dollars in millions) | 2022 |  | 2021
3.650% notes due 2023 (1) | $ | 171 |  |  | $ | 171 |
3.700% notes due 2023 (1) | 400 |  |  | 400 |
3.200% notes due 2024 (1) | 950 |  |  | 950 |
3.150% notes due 2024 (1) | 300 |  |  | 300 |
3.950% notes due 2025 (1) | 1,500 |  |  | 1,500 |
2.650% notes due 2026 (1) | 719 |  |  | 719 |
3.125% notes due 2027 (1) | 1,100 |  |  | 1,100 |
3.500% notes due 2027 (1) | 1,300 |  |  | 1,300 |
7.200% notes due 2027 (1) | 382 |  |  | 382 |
7.100% notes due 2027 | 135 |  |  | 135 |
6.700% notes due 2028 | 285 |  |  | 285 |
7.000% notes due 2028 (1) | 185 |  |  | 185 |
4.125% notes due 2028 (1) | 3,000 |  |  | 3,000 |
7.500% notes due 2029 (1) | 414 |  |  | 414 |
2.150% notes due 2030 (€500 million principal value) (1) | 531 |  |  | 565 |
2.250% notes due 2030 (1) | 1,000 |  |  | 1,000 |
1.900% notes due 2031 (1) | 1,000 |  |  | 1,000 |
2.375% notes due 2032 (1) | 1,000 |  |  | 1,000 |
5.400% notes due 2035 (1) | 446 |  |  | 446 |
6.050% notes due 2036 (1) | 410 |  |  | 410 |
6.800% notes due 2036 (1) | 117 |  |  | 117 |
7.000% notes due 2038 | 148 |  |  | 148 |
6.125% notes due 2038 (1) | 575 |  |  | 575 |
4.450% notes due 2038 (1) | 750 |  |  | 750 |
5.700% notes due 2040 (1) | 553 |  |  | 553 |
4.875% notes due 2040 (1) | 600 |  |  | 600 |
4.700% notes due 2041 (1) | 425 |  |  | 425 |
4.500% notes due 2042 (1) | 3,500 |  |  | 3,500 |
4.800% notes due 2043 (1) | 400 |  |  | 400 |
4.200% notes due 2044 (1) | 300 |  |  | 300 |
4.150% notes due 2045 (1) | 850 |  |  | 850 |
3.750% notes due 2046 (1) | 1,100 |  |  | 1,100 |
4.050% notes due 2047 (1) | 600 |  |  | 600 |
4.350% notes due 2047 (1) | 1,000 |  |  | 1,000 |
4.625% notes due 2048 (1) | 1,750 |  |  | 1,750 |
3.125% notes due 2050 (1) | 1,000 |  |  | 1,000 |
2.820% notes due 2051 (1) | 1,000 |  |  | 1,000 |
3.030% notes due 2052 (1) | 1,100 |  |  | 1,100 |
Other (including finance leases) | 253 |  |  | 270 |
Total principal long-term debt | 31,249 |  |  | 31,300 |
Other (fair market value adjustments, (discounts)/premiums and debt issuance costs) | 40 |  |  | 51 |
Total long-term debt | 31,289 |  |  | 31,351 |
Less: current portion | 595 |  |  | 24 |
Long-term debt, net of current portion | $ | 30,694 |  |  | $ | 31,327 |
(1) We may redeem these notes, in whole or in part, at our option pursuant to their terms prior to the applicable maturity date.
Schedule of Principal Payments on Long-term Debt | The schedule of principal payments required on long-term debt for the next five years and thereafter is:
(in millions) |
2023 | $ | 588 |
2024 | 1,270 |
2025 | 1,590 |
2026 | 751 |
2027 | 2,935 |
Thereafter | 24,115 |
Total | $ | 31,249 |

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