XML 56 R44.htm IDEA: XBRL DOCUMENT
v3.24.3

SHORT-TERM AND LONG-TERM DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Short-term and Long-term Debt | The following table sets forth the Company’s total consolidated borrowings. Short-term and long-term debt consists of the following:
| September 30, |  | December 31,
| 2024 |  | 2023
| (in millions)
Short-term debt: |  |  |
AB commercial paper | $ | — |  |  | $ | 254 |
Total short-term debt | — |  |  | 254 |
Long-term debt: |  |  |
Senior Debenture, (7.00%, due 2028) | 250 |  |  | 349 |
Senior Note (4.35% due 2028) | 1,494 |  |  | 1,493 |
Senior Note (4.572% due 2029) | 301 |  |  | — |
Senior Note (5.594% due 2033) | 497 |  |  | 497 |
Senior Note (5.00% due 2048) | 1,289 |  |  | 1,481 |
Total long-term debt | 3,831 |  |  | 3,820 |
Total borrowings | $ | 3,831 |  |  | $ | 4,074 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration