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Debt (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Commercial Paper Outstanding | Commercial paper outstanding, which is included in Short-term debt and current portion of long-term debt in the Condensed Consolidated Statements of Financial Position, is as follows (in millions):
| June 30, 2024 | December 31, 2023
Commercial paper outstanding | $ | — |  | $ | 597 |
The weighted average commercial paper outstanding and its related interest rates are as follows (in millions, except percentages):
|  | Three Months Ended June 30, | Six Months Ended June 30,
|  | 2024 |  | 2023 | 2024 |  | 2023
Weighted average commercial paper outstanding |  | $ | 34 |  |  | $ | 435 |  | $ | 207 |  |  | $ | 414 |
Weighted average interest rate of commercial paper outstanding |  | 5.50 | % |  | 4.90 | % | 5.63 | % |  | 4.18 | %

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