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v3.22.2.2

Short-Term Borrowings, Long-Term Debt and Available Credit Facilities Debt (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Instrument [Line Items] |
Schedule of Long-term Debt Instruments [Table Text Block] |
Long-term debt |
(in millions) | September 30, 2022 | December 31, 2021 | September 30, 2021
Amount | Weighted Average Rate | Amount | Weighted Average Rate | Amount | Weighted Average Rate
Promissory notes and debentures: |  |  |  |  |  |
Maturing in 2025 | $ | 500 |  | 1.70 | % | $ | 500 |  | 1.70 | % | $ | 500 |  | 1.70 | %
Maturing in 2030 | 500 |  | 2.30 | % | 500 | 2.30 | % | 500 | 2.30 | %
Other loans: |  |  |  |  |  |
Foreign currency loans, various rates and maturities | 176 | 14.80 | % | 1 | 6.82 | % | 1 |  | 6.38 | %
Medium-term notes, varying maturities through 2041 | 107 |  | 2.87 | % | 107 | — | % | 108 |  | — | %
Finance lease obligations | 2 |  |  | 3 |  | 3 |  |
Less: Unamortized debt discount and issuance costs | 8 |  |  | 10 |  | 10 |  |
Less: Long-term debt due within one year | — |  |  | 1 |  | 1 |  |
Total long-term debt | $ | 1,277 |  |  | $ | 1,100 |  |  | $ | 1,101 |  |
Schedule of Short-term Debt [Table Text Block] |
Short-term borrowings and finance lease obligations
(In millions) | September 30, 2022 | December 31, 2021 | September 30, 2021
Commercial paper | $ | 1,369 |  | $ | — |  | $ | 802 |
Repurchase facility | 200 |  | — |  | 550 |
Other loans - various currencies | 6 |  | 15 |  | 18 |
Long-term debt payable within one year | — |  | 1 |  | 1 |
Finance lease obligations payable within one year | 1 |  | 1 |  | 1 |
Total short-term borrowings and finance lease obligations | $ | 1,576 |  | $ | 17 |  | $ | 1,372 |
Schedule of Long-term Debt Instruments [Table Text Block] |
Long-term debt |
(in millions) | September 30, 2022 | December 31, 2021 | September 30, 2021
Amount | Weighted Average Rate | Amount | Weighted Average Rate | Amount | Weighted Average Rate
Promissory notes and debentures: |  |  |  |  |  |
Maturing in 2025 | $ | 500 |  | 1.70 | % | $ | 500 |  | 1.70 | % | $ | 500 |  | 1.70 | %
Maturing in 2030 | 500 |  | 2.30 | % | 500 | 2.30 | % | 500 | 2.30 | %
Other loans: |  |  |  |  |  |
Foreign currency loans, various rates and maturities | 176 | 14.80 | % | 1 | 6.82 | % | 1 |  | 6.38 | %
Medium-term notes, varying maturities through 2041 | 107 |  | 2.87 | % | 107 | — | % | 108 |  | — | %
Finance lease obligations | 2 |  |  | 3 |  | 3 |  |
Less: Unamortized debt discount and issuance costs | 8 |  |  | 10 |  | 10 |  |
Less: Long-term debt due within one year | — |  |  | 1 |  | 1 |  |
Total long-term debt | $ | 1,277 |  |  | $ | 1,100 |  |  | $ | 1,101 |  |
Schedule of Line of Credit Facilities |
Committed and Available Credit Facilities at September 30, 2022
(in millions) | Effective Date | Committed Credit | Credit Available | Maturity Date | Interest
Revolving Credit Facility | May 2022 | $ | 3,000 |  | $ | 3,000 |  | May 2027 | Floating Rate
Revolving Credit Facility | May 2022 | 2,000 |  | 2,000 | May 2025 | Floating Rate
364-day Revolving Credit Facility | May 2022 | 500 |  | 500 | May 2023 | Floating Rate
Total Committed and Available Credit Facilities |  | $ | 5,500 |  | $ | 5,500 |  |  |

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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