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Debt - Summary of Outstanding Debt (Details) € in Millions, £ in Millions, $ in Millions | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Apr. 30, 2023 EUR (€) | Apr. 30, 2023 GBP (£) | Feb. 28, 2023 USD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Jun. 30, 2023 EUR (€)
SHORT-TERM |  |  |  |  |  |  |
Commercial paper |  |  |  | $ 4,483 | $ 3,926 |  |
Other borrowings (primarily non U.S.) |  |  |  | 230 | 191 |  |
Total short-term debt |  |  |  | 4,713 | 4,117 |  |
Long-term |  |  |  |  |  |  |
Carrying value of long-term debt including current portion |  |  |  | 14,660 | 13,797 |  |
Less: current portion of long-term debt |  |  |  | (1,263) | (1,599) |  |
Total long-term debt |  |  |  | 13,397 | 12,198 |  |
Total debt |  |  |  | 19,373 | 17,914 |  |
Repayments of long-term debt |  |  |  | $ 1,682 | 1,785 | $ 1,468 |
2.70% Notes due 2023 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  | 2.70% | 2.70% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 0 | 501 |  |
Repayments of long-term debt |  |  | $ 500 |  |  |  |
2.00% Euro denominated notes due 2023 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate | 2.00% | 2.00% |  | 2.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 0 | 699 |  |
Repayments of long-term debt | € | € 650 |  |  |  |  |  |
5.875% GBP denominated notes due 2023 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate | 5.875% | 5.875% |  | 5.875% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 0 | 367 |  |
Repayments of long-term debt | £ |  | £ 300 |  |  |  |  |
1.20% Euro denominated notes due 2024 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.20% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 607 | 588 |  |
1.875% Euro denominated notes due 2024 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.875% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 332 | 324 |  |
4.800% Notes due 2024 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 4.80% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 300 | 299 |  |
4.700% Notes due 2025 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 4.70% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 599 | 598 |  |
2.65% Notes due 2025 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 2.65% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 399 | 400 |  |
1.625% Euro denominated notes due 2025 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.625% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 550 | 533 |  |
3.625% Euro denominated notes due 2025 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.625% |  |  | 3.625%
Carrying value of long-term debt including current portion |  |  |  | $ 551 | 0 |  |
Debt instrument, face amount | € |  |  |  |  |  |  | € 500
0.00% Euro denominated notes due 2026 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 0.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 774 | 751 |  |
3.20% Notes due 2026 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.20% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 724 | 724 |  |
3.434% Notes due 2026 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.434% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 198 | 198 |  |
1.652% Euro denominated notes due 2027 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.652% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 90 | 88 |  |
0.250% Euro denominated notes due 2027 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 0.25% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 827 | 802 |  |
1.00% Euro denominated notes due 2027 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 553 | 536 |  |
1.00% Euro denominated notes due 2028 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 780 | 749 |  |
3.375% Euro denominated notes due 2029 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.375% |  |  | 3.375%
Carrying value of long-term debt including current portion |  |  |  | $ 824 | 0 |  |
Debt instrument, face amount | € |  |  |  |  |  |  | € 750
1.10% Notes due 2030 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.10% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 697 | 696 |  |
1.90% Euro denominated notes due 2030 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.90% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 114 | 111 |  |
1.375% Euro denominated notes due 2031 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.375% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 829 | 803 |  |
0.550% Euro denominated notes due 2032 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 0.55% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 823 | 798 |  |
0.375% Euro denominated notes due 2033 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 0.375% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 546 | 529 |  |
3.625% Euro denominated notes due 2034 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.625% |  |  | 3.625%
Carrying value of long-term debt including current portion |  |  |  | $ 714 | 0 |  |
Debt instrument, face amount | € |  |  |  |  |  |  | € 650
1.625% Euro denominated notes due 2035 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.625% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 876 | 849 |  |
3.55% Notes due 2042 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 3.55% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 666 | 665 |  |
2.00% Notes due 2050 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 2.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 296 | 296 |  |
1.00% Euro denominated notes due 2051 |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Interest rate |  |  |  | 1.00% |  |  |
Carrying value of long-term debt including current portion |  |  |  | $ 755 | 731 |  |
Non U.S. borrowings |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Carrying value of long-term debt including current portion |  |  |  | 226 | 152 |  |
Other |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Carrying value of long-term debt including current portion |  |  |  | 10 | 10 |  |
Derivatives Designated as Hedging Instruments - Fair Value | Interest rate swaps | Derivatives Designated as Hedging Instruments: |  |  |  |  |  |  |
Long-term |  |  |  |  |  |  |
Fair value increase |  |  |  | $ 46 | $ 56 |  |

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