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Debt (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Short-term and Long-term Debt Outstanding
A summary of short-term and long-term debt outstanding is as follows:
(in millions)March 31,
2024
December 31,
2023
3.625% Senior Notes, due 2024 1
47 47 
4.75% Senior Notes, due 2025 2
4.0% Senior Notes, due 2026 3
2.95% Senior Notes, due 2027 4
497 497 
2.45% Senior Notes, due 2027 5
1,240 1,240 
4.75% Senior Notes, due 2028 6
807 810 
4.25% Senior Notes, due 2029 7
1,014 1,016 
2.5% Senior Notes, due 2029 8
497 497 
2.70% Sustainability-Linked Senior Notes, due 2029 9
1,236 1,236 
1.25% Senior Notes, due 2030 10
595 595 
2.90% Senior Notes, due 2032 11
1,475 1,474 
5.25% Senior Notes, due 2033 12
743 743 
6.55% Senior Notes, due 2037 13
291 291 
4.5% Senior Notes, due 2048 14
272 272 
3.25% Senior Notes, due 2049 15
590 590 
3.70% Senior Notes, due 2052 16
975 975 
2.3% Senior Notes, due 2060 17
683 683 
3.9% Senior Notes, due 2062 18
486 486 
Commercial paper250 — 
Total debt11,705 11,459 
Less: short-term debt including current maturities301 47 
Long-term debt$11,404 $11,412 

1     Interest payments are due semiannually on May 1 and November 1.
2     Interest payments are due semiannually on February 15 and August 15.
3     Interest payments are due semiannually on March 1 and September 1.
4    Interest payments are due semiannually on January 22 and July 22, and as of March 31, 2024, the unamortized debt discount and issuance costs total $3 million.
5    Interest payments are due semiannually on March 1 and September 1 and as of March 31, 2024, the unamortized debt discount and issuance costs total $10 million.
6     Interest payments are due semiannually on February 1 and August 1.
7 Interest payments are due semiannually on May 1 and November 1.
8    Interest payments are due semiannually on June 1 and December 1, and as of March 31, 2024, the unamortized debt discount and issuance costs total $3 million.
9    Interest payments are due semiannually on March 1 and September 1 and as of March 31, 2024, the unamortized debt discount and issuance costs total $14 million.
10    Interest payments are due semiannually on February 15 and August 15, and as of March 31, 2024, the unamortized debt discount and issuance costs total $5 million.
11 Interest payments are due semiannually on March 1 and September 1 and as of March 31, 2024, the unamortized debt discount and issuance costs total $25 million.
12 Interest payments are due semiannually on March 15 and September 15, beginning on March 15, 2024, and as of March 31, 2024, the unamortized debt discount and issuance costs total $7 million.
13    Interest payments are due semiannually on May 15 and November 15, and as of March 31, 2024, the unamortized debt discount and issuance costs total $2 million.
14    Interest payments are due semiannually on May 15 and November 15, and as of March 31, 2024, the unamortized debt discount and issuance costs total $11 million.
15 Interest payments are due semiannually on June 1 and December 1, and as of March 31, 2024, the unamortized debt discount and issuance costs total $10 million.
16    Interest payments are due semiannually on March 1 and September 1 and as of March 31, 2024, the unamortized debt discount and issuance costs total $25 million.
17    Interest payments are due semiannually on February 15 and August 15, and as of March 31, 2024, the unamortized debt discount and issuance costs total $17 million.
18    Interest payments are due semiannually on March 1 and September 1 and as of March 31, 2024, the unamortized debt discount and issuance costs total $14 million.