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Debt (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
Debt is comprised of the following at the dates indicated (in millions):
September 30, 2024December 31, 2023
4.00% senior notes due 2024 (1) (2)
$200 $198 
4.875% senior notes due 2025 (1)
499 498 
3.90% senior notes due 2025
47 47 
4.20% senior notes due 2026
1,981 1,980 
6.375% senior notes due 2027
494 488 
6.625% senior notes due 2029
493 486 
5.375% senior notes due 2036
417 417 
5.50% senior notes due 2046
658 658 
Revolving credit facility (1)
170 131 
Other debt2 1 
Total debt
4,961 4,904 
Short-term debt and current portion of long-term debt(869)(329)
Long-term debt$4,092 $4,575 
(1)Included in short-term debt and current portion of long-term debt at September 30, 2024.
(2)Included in short-term debt and current portion of long-term debt at December 31, 2023.
Weighted average interest rates are as follows:
Three Months Ended
September 30, 		Nine Months Ended
 September 30,
2024202320242023
Total debt5.8 %5.1 %5.8 %5.1 %
Short-term debt7.9 %7.7 %7.8 %6.8 %
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, 2024December 31, 2023
Fair ValueBook ValueFair ValueBook Value
Senior notes$4,753 $4,789 $4,633 $4,772