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Debt (Tables)
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Debt

Debt consists of (in millions):

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

$1.1 billion in Senior Notes, interest at 3.95% payable
   semiannually, principal due on
December 1, 2042

 

$

1,091

 

 

$

1,091

 

$0.5 billion in Senior Notes, interest at 3.60% payable
   semiannually, principal due on
December 1, 2029

 

 

496

 

 

 

495

 

Other debt

 

 

162

 

 

 

139

 

Total Debt

 

 

1,749

 

 

 

1,725

 

Less current portion

 

 

28

 

 

 

13

 

Long-term debt

 

$

1,721

 

 

$

1,712