Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt consists of (in millions):

	December 31,
	2021		2020
$1.1 billion in Senior Notes, interest at 3.95% payable semiannually, principal due on December 1, 2042		1,090		1,089
$0.5 billion in Senior Notes, interest at 3.60% payable semiannually, principal due on December 1, 2029		494		493
$0.2 billion in Senior Notes, interest at 2.60% payable semiannually, principal due on December 1, 2022		—		182
Other debt		129		70
Total Debt		1,713		1,834
Less current portion		5		—
Long-term debt	$	1,708	$	1,834

Principal Payments of Debt

Principal payments of debt for years subsequent to 2021 are as follows (in millions):

2022		5
2023		26
2024		10
2025		21
2026		11
Thereafter		1,640
	$	1,713

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details