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Long-Term Debt and Available Credit Facilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Short-Term Borrowings and Finance Lease Obligations |
Short-term borrowings and finance lease obligations
(In millions) | December 31, 2023 | December 31, 2022
Other loans - various currencies | $ | 1 |  | $ | 23 |
Long-term debt payable within one year | 196 |  | — |
Finance lease obligations payable within one year | 1 |  | 1 |
Total short-term borrowings and finance lease obligations | $ | 198 |  | $ | 24 |
Long-Term Debt |
Long-Term Debt |  |  |
| December 31, 2023 |  | December 31, 2022
(In millions) | Amount | Weighted Average Rate |  | Amount | Weighted Average Rate
Promissory notes and debentures: |  |  |  |  |
Maturing in 2025 | $ | 500 |  | 1.70 | % |  | $ | 500 |  | 1.70 | %
Maturing in 2026 | 600 |  | 4.50 | % |  | — |  |
Maturing in 2030 | 500 |  | 2.30 | % |  | 500 |  | 2.30 | %
Maturing in 2033 | 600 | 4.80 | % |  | — |  |
Other loans: |  |  |  |  |
Foreign currency loans, various rates and maturities | 196 |  | 14.80 | % |  | 181 |  | 14.80 | %
Medium-term notes, varying maturities through 2041 | 106 |  | 5.34 | % |  | 107 |  | 4.27 | %
Finance lease obligations | 1 |  |  |  | 2 |  |
Less: Unamortized debt discount and issuance costs | 16 |  |  |  | 7 |  |
Less: Long-term debt due within one year | 196 |  |  |  | — |  |
Total | $ | 2,291 |  |  |  | $ | 1,283 |  |
Committed and Available Credit Facilities |
Committed and Available Credit Facilities at December 31, 2023 |  |
(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 | January 2023 | 500 |  | 500 |  | January 2024 | Floating Rate
Total Committed and Available Credit Facilities |  | $ | 5,500 |  | $ | 5,500 |  |  |

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