XML 70 R58.htm IDEA: XBRL DOCUMENT v3.25.1
LONG-TERM DEBT - Schedule of Long-term Debt (Details)
Mar. 31, 2025
USD ($)
Mar. 31, 2025
EUR (€)
Dec. 31, 2024
USD ($)
Mar. 14, 2024
USD ($)
Mar. 11, 2024
USD ($)
Debt Instrument [Line Items]          
Total $ 4,007,000,000   $ 3,980,000,000    
Less: current portion (504,000,000)   (500,000,000)    
Long-term portion 3,503,000,000   3,480,000,000    
Fair Value          
Debt Instrument [Line Items]          
Total 4,002,000,000   3,944,000,000    
Less: current portion (503,000,000)   (496,000,000)    
Long-term portion 3,499,000,000   3,448,000,000    
Other Borrowings          
Debt Instrument [Line Items]          
Total 4,000,000   0    
Other Borrowings | Fair Value          
Debt Instrument [Line Items]          
Total $ 5,000,000   0    
3.20% Senior Notes, due 2025 | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate (as a percent) 3.20% 3.20%      
Effective Interest Rate 3.40% 3.40%      
Face Value $ 500,000,000        
Total 500,000,000   500,000,000    
3.20% Senior Notes, due 2025 | Senior Notes | Fair Value          
Debt Instrument [Line Items]          
Total $ 498,000,000   496,000,000    
3.45% Senior Notes, due 2026 | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate (as a percent) 3.45% 3.45%      
Effective Interest Rate 3.50% 3.50%      
Face Value $ 750,000,000        
Total 750,000,000   750,000,000    
3.45% Senior Notes, due 2026 | Senior Notes | Fair Value          
Debt Instrument [Line Items]          
Total $ 737,000,000   732,000,000    
1.25% Senior Notes (EUR), due 2027 | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate (as a percent) 1.25% 1.25%      
Effective Interest Rate 1.50% 1.50%      
Face Value | €   € 500,000,000      
Total $ 537,000,000   514,000,000    
1.25% Senior Notes (EUR), due 2027 | Senior Notes | Fair Value          
Debt Instrument [Line Items]          
Total $ 521,000,000   495,000,000    
4.70% Senior Notes, due 2028 | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate (as a percent) 4.70% 4.70%      
Effective Interest Rate 4.80% 4.80%      
Face Value $ 1,250,000,000        
Total 1,246,000,000   1,246,000,000    
4.70% Senior Notes, due 2028 | Senior Notes | Fair Value          
Debt Instrument [Line Items]          
Total $ 1,253,000,000   1,239,000,000    
5.611% Senior Notes, due 2034 | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate (as a percent) 5.611% 5.611%     5.611%
Effective Interest Rate 5.70% 5.70%      
Face Value $ 500,000,000       $ 500,000,000
Total 496,000,000   496,000,000    
5.611% Senior Notes, due 2034 | Senior Notes | Fair Value          
Debt Instrument [Line Items]          
Total $ 513,000,000   507,000,000    
Term Loan | 2024 Credit Agreement | Line of Credit          
Debt Instrument [Line Items]          
Effective Interest Rate 5.80% 5.80%      
Face Value $ 225,000,000     $ 225,000,000  
Total 224,000,000   224,000,000    
Term Loan | 2024 Credit Agreement | Line of Credit | Fair Value          
Debt Instrument [Line Items]          
Total $ 225,000,000   225,000,000    
Term Loan | Delayed Draw Term Loan | Line of Credit          
Debt Instrument [Line Items]          
Effective Interest Rate 5.70% 5.70%      
Face Value $ 250,000,000        
Total 250,000,000   250,000,000    
Term Loan | Delayed Draw Term Loan | Line of Credit | Fair Value          
Debt Instrument [Line Items]          
Total $ 250,000,000   250,000,000    
Revolving Credit Facility | Revolving Credit Facility | Line of Credit          
Debt Instrument [Line Items]          
Effective Interest Rate 5.70% 5.70%      
Total $ 0   0    
Revolving Credit Facility | Revolving Credit Facility | Line of Credit | Fair Value          
Debt Instrument [Line Items]          
Total $ 0   $ 0