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v3.23.1

Financing Arrangements - Commercial Paper (Details) - Commercial paper - USD ($) $ in Millions |  |  | 3 Months Ended |
--- | --- | --- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2021
Long-term debt |  |  |  |  |
Maximum aggregate principal amount |  |  |  |  | $ 1,000
Average amount of commercial paper outstanding |  |  | $ 460 | $ 353 |
Weighted average interest rate (as a percent) |  |  | 4.79% | 0.38% |
Weighted average maturity |  |  | 7 days | 27 days |
Basis spread | 5.11% | 4.75% |  |  |
Weighted average maturity of outstanding balance | 6 days | 7 days |  |  |
Commercial paper outstanding | $ 497 | $ 390 | $ 497 |  |

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