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Debt (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Summary of Debt | Debt is comprised of the following at the dates indicated (in millions):
| September 30, 2021 |  | December 31, 2020
3.15% senior notes due 2021 | $ | — |  |  | $ | 94 |
3.75% senior notes due 2021 | — |  |  | 369 |
4.00% senior notes due 2022 | 250 |  |  | 250 |
3.85% senior notes due 2023 | 1,086 |  |  | 1,090 |
4.00% senior notes due 2024 | 200 |  |  | 200 |
4.875% senior notes due 2025 | 494 |  |  | 492 |
3.90% senior notes due 2025 | 47 |  |  | 47 |
4.20% senior notes due 2026 | 1,975 |  |  | 1,973 |
5.375% senior notes due 2036 | 416 |  |  | 416 |
5.50% senior notes due 2046 | 658 |  |  | 657 |
Other debt | 11 |  |  | 19 |
Total debt | 5,137 |  |  | 5,607 |
Short-term debt and current portion of long-term debt | (253) |  |  | (466) |
Long-term debt | $ | 4,884 |  |  | $ | 5,141 |
Schedule of Fair Value of Senior Notes | The fair value of the Company’s senior notes are based upon prices of similar instruments in the marketplace and are as follows (in millions):
| September 30, 2021 |  | December 31, 2020
| Fair Value |  | Book Value |  | Fair Value |  | Book Value
Senior notes | $ | 5,778 |  |  | $ | 5,126 |  |  | $ | 6,277 |  |  | $ | 5,588 |

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