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Debt and Borrowing Arrangements (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings and Related Weighted-Average Interest Rates

Our short-term borrowings and related weighted-average interest rates consisted of:

	As of December 31,
	2018							2017
	Amount Outstanding				Weighted- Average Rate			Amount Outstanding				Weighted- Average Rate
	(in millions)							(in millions)
Commercial paper	$	3,054			2.9	%		$	3,410			1.7	%
Bank loans	138				10.5	%		107				11.5	%
Total short-term borrowings	$	3,192						$	3,517

Schedule of Long-Term Debt

Our long-term debt consisted of (interest rates are as of December 31, 2018):

	As of December 31,
	2018				2017
	(in millions)
U.S. dollar notes, 1.625% to 7.000% (weighted-average effective rate 3.412%),    due through 2040	$	9,492			$	8,327
Euro notes, 1.000% to 2.375% (weighted-average effective rate 1.934%),    due through 2035	3,492				3,653
Pound sterling notes, 3.875% to 4.500% (weighted-average effective rate 4.151%),    due through 2045	333				456
Swiss franc notes, 0.050% to 1.125% (weighted-average effective rate 0.703%),    due through 2025	1,424				1,694
Canadian dollar notes, 3.250% (effective rate 3.320%),    due through 2025	437				—
Capital leases and other obligations	2				5
Total	15,180				14,135
Less current portion of long-term debt	(2,648		)		(1,163		)
Long-term debt	$	12,532			$	12,972

Schedule of Aggregate Maturities of Debt and Capital Leases Based on Stated Contractual Maturities

As of December 31, 2018, aggregate maturities of our debt and capital leases based on stated contractual maturities, excluding unamortized non-cash bond premiums, discounts, bank fees and mark-to-market adjustments of $(70) million, were (in millions):

2019		2020		2021		2022		2023		Thereafter		Total
$2,648		$1,544		$3,334		$726		$1,822		$5,176		$15,250

Schedule of Interest and Other Expense Net Within Results of Continuing Operations

Interest and other expense, net within our results of continuing operations consisted of:

	For the Years Ended December 31,
	2018				2017				2016
	(in millions)
Interest expense, debt	$	462			$	396			$	515
Loss on debt extinguishment and related expenses	140				11				427
(Gain)/loss related to interest rate swaps	(10		)		—				97
Other (income)/expense, net	(72		)		(25		)		76
Interest and other expense, net	$	520			$	382			$	1,115

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