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Long-term Debt and Debt Facility Agreements (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Summary of Long-term Debt

Long-term Debt consists of the following:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

3.65% Senior Notes due 2023

$

1,497

 

 

$

1,496

 

3.90% Senior Notes due 2028

 

1,457

 

 

 

1,450

 

2.65% Senior Notes due 2030

 

1,250

 

 

 

1,250

 

1.375% Guaranteed Notes due 2026

 

1,125

 

 

 

1,221

 

2.00% Guaranteed Notes due 2032

 

1,118

 

 

 

1,214

 

0.25% Notes due 2027

 

1,013

 

 

 

1,100

 

0.50% Notes due 2031

 

1,012

 

 

 

1,099

 

4.00% Senior Notes due 2025

 

930

 

 

 

930

 

4.30% Senior Notes due 2029

 

846

 

 

 

846

 

3.75% Senior Notes due 2024

 

748

 

 

 

746

 

1.00% Guaranteed Notes due 2026

 

679

 

 

 

736

 

0.00% Notes due 2024

 

563

 

 

 

611

 

1.40% Senior Notes due 2025

 

498

 

 

 

498

 

7.00% Notes due 2038

 

204

 

 

 

206

 

5.95% Notes due 2041

 

113

 

 

 

114

 

5.13% Notes due 2043

 

98

 

 

 

99

 

4.00% Notes due 2023

 

80

 

 

 

80

 

3.70% Notes due 2024

 

55

 

 

 

55

 

3.63% Senior Notes due 2022

 

-

 

 

 

295

 

2.65% Senior Notes due 2022

 

-

 

 

 

598

 

2.40% Senior Notes due 2022

 

-

 

 

 

999

 

Commercial paper borrowings

 

-

 

 

 

393

 

 

$

13,286

 

 

$

16,036