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Credit Facilities and Debt (Tables)
 3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Credit Facilities and Long-Term Debt
Total debt outstanding is summarized as follows:
(in millions)March 31,
2020		December 31,
2019
4.875% Senior Notes due 2021 (a)$600  $600  
2.250% Senior Notes due 2023 (a)547  557  
3.250% Senior Notes due 2026 (a)500  500  
4.375% Senior Notes due 2046 (a)400  400  
Commercial paper268  276  
Other191  —  
Debt issuance costs and unamortized discount (b)(16) (17) 
Total debt2,490  2,316  
Less: short-term borrowings and current maturities of long-term debt459  276  
Total long-term debt$2,031  $2,040  
(a)The fair value of our Senior Notes was determined using quoted prices in active markets for identical securities, which are considered Level 1 inputs. The fair value of our Senior Notes due 2021 was $640 million and $629 million as of March 31, 2020 and December 31, 2019, respectively. The fair value of our Senior Notes due 2023 was $565 million and $591 million as of March 31, 2020 and December 31, 2019, respectively. The fair value of our Senior Notes due 2026 was $533 million and $518 million as of March 31, 2020 and December 31, 2019, respectively. The fair value of our Senior Notes due 2046 was $400 million and $431 million as of March 31, 2020 and December 31, 2019, respectively.
(b)The debt issuance costs and unamortized discount are recognized as a reduction in the carrying value of the Senior Notes in the Condensed Consolidated Balance Sheets and are being amortized to interest expense in our Condensed Consolidated Income Statements over the expected remaining terms of the Senior Notes.