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DEBT AND FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Carrying Value of Debt Obligations

The carrying value of our outstanding debt obligations, as of December 31, 2024 and 2023 consists of the following (in millions):

			Principal												Carrying Value
			Amount						Maturity						2024						2023
Commercial paper			$	—											$	—					$	2,172
Fixed Rate senior notes:
2.800% senior notes			—						2024						—						499
2.200% senior notes			—						2024						—						400
3.900% senior notes			1,000						2025						1,000						999
2.400% senior notes			500						2026						499						499
3.050% senior notes			1,000						2027						997						996
3.400% senior notes			750						2029						748						747
2.500% senior notes			400						2029						398						398
4.450% senior notes			750						2030						746						745
4.875% senior notes			900						2033						895						894
5.150% senior notes			900						2034						894						—
6.200% senior notes			1,500						2038						1,486						1,485
5.200% senior notes			500						2040						495						494
4.875% senior notes			500						2040						492						491
3.625% senior notes			375						2042						369						369
3.400% senior notes			500						2046						492						492
3.750% senior notes			1,150						2047						1,138						1,138
4.250% senior notes			750						2049						743						743
3.400% senior notes			700						2049						689						689
5.300% senior notes			1,250						2050						1,232						1,232
5.050% senior notes			1,100						2053						1,083						1,083
5.500% senior notes			1,100						2054						1,087						—
5.600% senior notes			600						2064						590						—
Floating rate senior notes:
Floating-rate senior notes			1,775						2049-2074						1,755						1,545
Debentures:
7.620% debentures			276						2030						279						280
Pound Sterling notes:
5.500% notes			84						2031						83						84
5.125% notes			572						2050						544						550
Euro Senior Notes:
1.625% notes			732						2025						731						774
1.000% notes			523						2028						521						551
1.500% notes			523						2032						521						551
Canadian Senior Notes:
2.125% notes			—						2024						—						566
Finance lease obligations (see Note 11)			455						2025-2118						455						472
Facility notes and bonds			320						2029-2045						320						320
Other debt			2						2025-2026						2						6
Total debt			$	21,487											$	21,284					$	22,264
Less: current maturities															(1,838)						(3,348)
Long-term debt															$	19,446					$	18,916

Schedule of Maturities of Long-Term Debt

The following table sets forth the aggregate annual principal payments on our long-term debt and our projected aggregate annual purchase commitments (in millions):

Year			Debt Principal						Purchase Commitments (1)
2025			$	1,732					$	2,925
2026			500						2,462
2027			1,000						701
2028			523						111
2029			1,150						7
After 2029			16,125						—
Total			$	21,030					$	6,206

(1)    Purchase commitments include estimates of future amounts yet to be recognized in our financial statements. In addition to the purchase commitments presented above, during the first quarter of 2025 we entered into an accelerated share repurchase agreement for $1.0 billion worth of shares to be completed during the first quarter of 2025 and an agreement to purchase certain services totaling approximately $400 million to be paid over 10 years, beginning in 2025. Purchase commitments entered into after December 31, 2024 are not reflected in the table above.

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