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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The fair values of our fixed rate notes were estimated using Level 2 inputs including quoted market prices for these instruments. The fair value of other short-term debt approximates par value since the interest rates on this short-term debt approximate market rates as of March 31, 2024.
As of March 31, 2024
(in millions)
Debt:
Carrying Amount
Fair value
Commercial Paper
$1,916 $1,916 
2025 Term Loan due August 31, 20251,000 1,000 
3.65% Senior Notes due May 23, 2025
1,247 1,227 
3.75% Senior Notes due December 1, 2025
1,248 1,223 
4.00% Senior Notes due September 15, 2027
1,490 1,458 
3.10% Senior Notes due September 15, 2027
498 472 
3.625% Senior Notes due September 1, 2028
925 946 
3.75% Senior Notes due September 21, 2028
596 576 
4.35% Senior Notes due June 15, 2029
1,242 1,220 
2.10% Senior Notes due June 15, 2030
1,238 1,062 
1.85% Senior Notes due September 15, 2032
1,487 1,174 
4.60% Senior Notes due March 15, 2033
1,489 1,455 
2.65% Senior Notes due September 15, 2040
1,232 903 
4.25% Senior Notes due September 21, 2048
1,232 1,073 
3.00% Senior Notes due June 15, 2050
1,222 846 
4.95% Senior Notes due June 15, 2052
1,466 1,425 
3.00% Senior Notes due September 15, 2060
1,472 949 
5.20% Senior Notes due June 15, 2062
984 979 
Total debt
$21,984 $19,904