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Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Debt

Debt consists of (in millions):

		December 31,
		2023				2022
$1.1 billion in Senior Notes, interest at 3.95% payable    semiannually, principal due on December 1, 2042			1,091				1,090
$0.5 billion in Senior Notes, interest at 3.60% payable    semiannually, principal due on December 1, 2029			495				495
Other debt			139				145
Total Debt			1,725				1,730
Less current portion			13				13
Long-term debt		$	1,712			$	1,717

Principal Payments of Debt

Principal payments of debt for years subsequent to 2023 are as follows (in millions):

2024			13
2025			21
2026			32
2027			12
2028			12
Thereafter			1,650
		$	1,740

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Principal payments of debt and capital leases.

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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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