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v3.25.4

DEBT - Long-term Debt, including Current Portion (Details) - USD ($) $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2024 | Dec. 31, 2025
Debt Instrument [Line Items] |  |
Finance leases | $ 28 | $ 25
Deferred debt issuance costs | (45) | (47)
Unamortized discount | $ (7) | (13)
Hedged Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag | Fair value hedging adjustment |
Fair value hedging adjustment | $ 37 | 31
Long-term debt | 9,152 | 9,894
Less current portion of long-term debt | (674) | (1,136)
Long-term debt less current portion | 8,478 | 8,758
Notes | 0.70% Euro notes due 2025 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 520 | $ 0
Debt instrument, stated interest rate |  | 0.70%
Notes | 0.128% Euro notes due 2026 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 935 | $ 1,057
Debt instrument, stated interest rate |  | 0.128%
Notes | 0.577% Euro notes due 2030 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 624 | $ 704
Debt instrument, stated interest rate |  | 0.577%
Notes | 3.601% Euro notes due 2031 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 520 | $ 587
Debt instrument, stated interest rate |  | 3.601%
Notes | 3.625% Euro notes due 2035 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 0 | $ 587
Debt instrument, stated interest rate |  | 3.625%
Notes | 3.802% Euro notes due 2036 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 520 | $ 587
Debt instrument, stated interest rate |  | 3.802%
Notes | 5.80% notes due 2037 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 240 | $ 240
Debt instrument, stated interest rate |  | 5.80%
Notes | 5.25% to 7.875% notes (maturities ranging from 2026 to 2035) |  |
Debt Instrument [Line Items] |  |
Long-term debt | 99 | $ 99
Notes | 5.25% to 7.875% notes (maturities ranging from 2026 to 2035) | Minimum |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated interest rate |  | 5.25%
Notes | 5.25% to 7.875% notes (maturities ranging from 2026 to 2035) | Maximum |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated interest rate |  | 7.875%
Debentures | 6.50% debentures due 2025 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 145 | $ 0
Debt instrument, stated interest rate |  | 6.50%
Debentures | 7.65% debentures due 2029 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 200 | $ 200
Debt instrument, stated interest rate |  | 7.65%
Debentures | 5.45% debentures due 2034 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 137 | $ 137
Debt instrument, stated interest rate |  | 5.45%
Senior notes | 3.10% senior notes due 2027 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 700 | $ 700
Debt instrument, stated interest rate |  | 3.10%
Senior notes | 4.35% senior notes due 2028 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 500 | $ 500
Debt instrument, stated interest rate |  | 4.35%
Senior notes | 4.450% senior notes due 2030 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 0 | $ 500
Debt instrument, stated interest rate |  | 4.45%
Senior notes | 4.00% senior notes due 2032 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 700 | $ 700
Debt instrument, stated interest rate |  | 4.00%
Senior notes | 4.15% sustainability-linked senior notes due 2033 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 1,300 | $ 1,300
Debt instrument, stated interest rate |  | 4.15%
Senior notes | 4.15% senior notes due 2042 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 1,000 | $ 1,000
Debt instrument, stated interest rate |  | 4.15%
Senior notes | 3.92% senior notes due 2047 |  |
Debt Instrument [Line Items] |  |
Long-term debt | 300 | $ 300
Debt instrument, stated interest rate |  | 3.92%
Senior notes | 4.70% senior notes due 2052 |  |
Debt Instrument [Line Items] |  |
Long-term debt | $ 700 | $ 700
Debt instrument, stated interest rate |  | 4.70%

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