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Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Debt

Debt consists of (in millions):

		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			153				139
Total debt			1,740				1,725
Less current portion			37				13
Long-term debt		$	1,703			$	1,712

Principal Payments of Debt

Principal payments of debt for years subsequent to 2024 are as follows (in millions):

2025		$	37
2026			43
2027			12
2028			12
2029			513
Thereafter			1,137
		$	1,754

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Principal payments of debt and capital leases.

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- 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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