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Debt (Tables) | 12 Months Ended
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Dec. 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) | December 31,
| 2024 |  | 2023
3.625% Senior Notes, due 2024 1 | — |  |  | 47 |
4.75% Senior Notes, due 2025 2 | 4 |  |  | 4 |
4.0% Senior Notes, due 2026 3 | 3 |  |  | 3 |
2.95% Senior Notes, due 2027 4 | 498 |  |  | 497 |
2.45% Senior Notes, due 2027 5 | 1,243 |  |  | 1,240 |
4.75% Senior Notes, due 2028 6 | 797 |  |  | 810 |
4.25% Senior Notes, due 2029 7 | 1,004 |  |  | 1,016 |
2.5% Senior Notes, due 2029 8 | 497 |  |  | 497 |
2.70% Sustainability-Linked Senior Notes, due 2029 9 | 1,238 |  |  | 1,236 |
1.25% Senior Notes, due 2030 10 | 595 |  |  | 595 |
2.90% Senior Notes, due 2032 11 | 1,477 |  |  | 1,474 |
5.25% Senior Notes due 2033 12 | 744 |  |  | 743 |
6.55% Senior Notes, due 2037 13 | 291 |  |  | 291 |
4.5% Senior Notes, due 2048 14 | 273 |  |  | 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 paper | — |  |  | — |
Total debt | 11,398 |  |  | 11,459 |
Less: short-term debt including current maturities | 4 |  |  | 47 |
Long-term debt | $ | 11,394 |  |  | $ | 11,412 |
1 We made a $47 million repayment of our 3.625% senior note in the second quarter of 2024. 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 December 31, 2024, the unamortized debt discount and issuance costs total $2 million. 5 Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $7 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 December 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 December 31, 2024, the unamortized debt discount and issuance costs total $12 million. 10 Interest payments are due semiannually on February 15 and August 15, and as of December 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 December 31, 2024, the unamortized debt discount and issuance costs total $23 million. 12 Interest payments are due semiannually on March 15 and September 15, beginning on March 15, 2024, and as of December 31, 2024, the unamortized debt discount and issuance costs total $6 million. 13 Interest payments are due semiannually on May 15 and November 15, and as of December 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 December 31, 2024, the unamortized debt discount and issuance costs total $10 million. 15 Interest payments are due semiannually on June 1 and December 1, and as of December 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 December 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 December 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 December 31, 2024, the unamortized debt discount and issuance costs total $14 million.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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