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Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Debt

Debt consists of (in millions):

 

 

 

September 30,

 

 

December 31,

 

 

 

2018

 

 

2017

 

$1.4 billion in Senior Notes, interest at 2.60% payable

   semiannually, principal due on December 1, 2022

 

$

1,394

 

 

$

1,392

 

 

 

 

 

 

 

 

 

 

$1.1 billion in Senior Notes, interest at 3.95% payable

   semiannually, principal due on December 1, 2042

 

 

1,088

 

 

 

1,088

 

 

 

 

 

 

 

 

 

 

Other

 

 

232

 

 

 

232

 

 

 

 

 

 

 

 

 

 

Total debt

 

 

2,714

 

 

 

2,712

 

Less current portion

 

 

8

 

 

 

6

 

Long-term debt

 

$

2,706

 

 

$

2,706