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Borrowings and Credit Agreements (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Summary of Company's Borrowings | The following table is a summary of the Company’s borrowings as of December 31, 2023 and 2022:
In millions | 2023 |  | 2022
Short-term debt |  |  |
Commercial paper | $ | 200 |  |  | $ | — |
Long-term debt |  |  |
2.8% senior notes due June 2023 | — |  |  | 1,300 |
4% senior notes due December 2023 | — |  |  | 414 |
3.375% senior notes due August 2024 | 650 |  |  | 650 |
2.625% senior notes due August 2024 | 1,000 |  |  | 1,000 |
3.5% senior notes due November 2024 | 750 |  |  | 750 |
5% senior notes due December 2024 (1) | 299 |  |  | 299 |
4.1% senior notes due March 2025 | 950 |  |  | 950 |
3.875% senior notes due July 2025 | 2,828 |  |  | 2,828 |
5% senior notes due February 2026 | 1,500 |  |  | — |
2.875% senior notes due June 2026 | 1,750 |  |  | 1,750 |
3% senior notes due August 2026 | 750 |  |  | 750 |
3.625% senior notes due April 2027 | 750 |  |  | 750 |
6.25% senior notes due June 2027 | 372 |  |  | 372 |
1.3% senior notes due August 2027 | 2,250 |  |  | 2,250 |
4.3% senior notes due March 2028 | 5,000 |  |  | 5,000 |
5% senior notes due January 2029 | 1,000 |  |  | — |
3.25% senior notes due August 2029 | 1,750 |  |  | 1,750 |
5.125% senior notes due February 2030 | 1,500 |  |  | — |
3.75% senior notes due April 2030 | 1,500 |  |  | 1,500 |
1.75% senior notes due August 2030 | 1,250 |  |  | 1,250 |
5.25% senior notes due January 2031 | 750 |  |  | — |
1.875% senior notes due February 2031 | 1,250 |  |  | 1,250 |
2.125% senior notes due September 2031 | 1,000 |  |  | 1,000 |
5.25% senior notes due February 2033 | 1,750 |  |  | — |
5.3% senior notes due June 2033 | 1,250 |  |  | — |
4.875% senior notes due July 2035 | 652 |  |  | 652 |
6.625% senior notes due June 2036 | 771 |  |  | 771 |
6.75% senior notes due December 2037 | 533 |  |  | 533 |
4.78% senior notes due March 2038 | 5,000 |  |  | 5,000 |
6.125% senior notes due September 2039 | 447 |  |  | 447 |
4.125% senior notes due April 2040 | 1,000 |  |  | 1,000 |
2.7% senior notes due August 2040 | 1,250 |  |  | 1,250 |
5.75% senior notes due May 2041 | 133 |  |  | 133 |
4.5% senior notes due May 2042 | 500 |  |  | 500 |
4.125% senior notes due November 2042 | 500 |  |  | 500 |
5.3% senior notes due December 2043 | 750 |  |  | 750 |
4.75% senior notes due March 2044 | 375 |  |  | 375 |
5.125% senior notes due July 2045 | 3,500 |  |  | 3,500 |
3.875% senior notes due August 2047 | 1,000 |  |  | 1,000 |
5.05% senior notes due March 2048 | 8,000 |  |  | 8,000 |
4.25% senior notes due April 2050 | 750 |  |  | 750 |
5.625% senior notes due February 2053 | 1,250 |  |  | — |
5.875% senior notes due June 2053 | 1,250 |  |  | — |
6% senior notes due June 2063 | 750 |  |  | — |
Finance lease liabilities | 1,391 |  |  | 1,465 |
Other | 309 |  |  | 314 |
Total debt principal | 62,160 |  |  | 52,753 |
Debt premiums | 186 |  |  | 200 |
Debt discounts and deferred financing costs | (736) |  |  | (696) |
| 61,610 |  |  | 52,257 |
Less: |  |  |
Short-term debt (commercial paper) | (200) |  |  | — |
Current portion of long-term debt | (2,772) |  |  | (1,778) |
Long-term debt (1) | $ | 58,638 |  |  | $ | 50,479 |
__________________________________________ (1)Includes long-term debt of $3 million which was accounted for as liabilities held for sale and was included in liabilities held for sale on the consolidated balance sheet at December 31, 2022. See Note 2 ‘‘Acquisitions, Divestitures and Asset Sales’’ for additional information.
Schedule of Maturities of Long-Term Debt | The following is a summary of the Company’s required repayments of long-term debt principal due during each of the next five years and thereafter, as of December 31, 2023:
In millions |
2024 | $ | 2,705 |
2025 | 3,785 |
2026 | 4,008 |
2027 | 3,379 |
2028 | 5,007 |
Thereafter | 41,685 |
Subtotal | 60,569 |
Commercial paper | 200 |
Finance lease liabilities (1) | 1,391 |
Total debt principal | $ | 62,160 |
_____________________________________________ (1)See Note 7 ‘‘Leases’’ for a summary of maturities of the Company’s finance lease liabilities.

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