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LONG-TERM DEBT AND CREDIT AGREEMENTS | 6 Months Ended
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Jun. 30, 2019
Debt Disclosure [Abstract] |
Long-term Debt | Note 11. Long-term Debt and Credit Agreements
| June 30, 2019 |  | December 31, 2018
1.40% notes due 2019 | $ | 1,250 |  |  | $ | 1,250 |
Three year floating rate notes due 2019 | 250 |  |  | 250 |
Two year floating rate notes due 2019 | 450 |  |  | 450 |
1.80% notes due 2019 | 750 |  |  | 750 |
0.65% Euro notes due 2020 | 1,137 |  |  | 1,145 |
4.25% notes due 2021 | 800 |  |  | 800 |
1.85% notes due 2021 | 1,500 |  |  | 1,500 |
1.30% Euro notes due 2023 | 1,421 |  |  | 1,432 |
3.35% notes due 2023 | 300 |  |  | 300 |
2.50% notes due 2026 | 1,500 |  |  | 1,500 |
2.25% Euro notes due 2028 | 853 |  |  | 859 |
5.70% notes due 2036 | 441 |  |  | 441 |
5.70% notes due 2037 | 462 |  |  | 462 |
5.375% notes due 2041 | 417 |  |  | 417 |
3.812% notes due 2047 | 445 |  |  | 445 |
Industrial development bond obligations, floating rate maturing at various dates through 2037 | 22 |  |  | 22 |
6.625% debentures due 2028 | 201 |  |  | 201 |
9.065% debentures due 2033 | 51 |  |  | 51 |
Other (including capitalized leases and debt issuance costs), 5.7% weighted average maturing at various dates through 2025 | 375 |  |  | 353 |
| 12,625 |  |  | 12,628 |
Less: current portion | (4,017 | ) |  | (2,872 | )
| $ | 8,608 |  |  | $ | 9,756 |
On April 26, 2019, the Company entered into a $4.0 billion Amended and Restated Five Year Credit Agreement (the “5-Year Credit Agreement”), with a syndicate of banks. The 5-Year Credit Agreement is maintained for general corporate purposes. Commitments under the 5-Year Credit Agreement can be increased pursuant to the terms of the 5-Year Credit Agreement to an aggregate amount not to exceed $4.5 billion. The 5-Year Credit Agreement amends and restates the previously reported $4.0 billion amended and restated five year credit agreement dated as of April 27, 2018 (the "Prior Agreement"). The 5-Year Credit Agreement has substantially the same material terms and conditions of the Prior Agreement. On April 26, 2019, the Company entered into a $1.5 billion 364-Day Credit Agreement with a syndicate of banks. This 364-Day Credit Agreement is maintained for general corporate purposes. As of June 30, 2019, there are no outstanding borrowings under any of our credit agreements.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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