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DEBT AND FINANCING ARRANGEMENTS (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of our outstanding debt obligations as of March 31, 2024 and December 31, 2023 consisted of the following (in millions):
Principal
Amount
Carrying Value
Maturity20242023
Commercial paper$— $— $2,172 
Fixed-rate senior notes:
2.800% senior notes
500 2024500 499 
2.200% senior notes
400 2024400 400 
3.900% senior notes
1,000 2025999 999 
2.400% senior notes
500 2026499 499 
3.050% senior notes
1,000 2027996 996 
3.400% senior notes
750 2029747 747 
2.500% senior notes
400 2029398 398 
4.450% senior notes
750 2030745 745 
4.875% senior notes
900 2033895 894 
6.200% senior notes
1,500 20381,485 1,485 
5.200% senior notes
500 2040494 494 
4.875% senior notes
500 2040491 491 
3.625% senior notes
375 2042369 369 
3.400% senior notes
500 2046492 492 
3.750% senior notes
1,150 20471,138 1,138 
4.250% senior notes
750 2049743 743 
3.400% senior notes
700 2049689 689 
5.300% senior notes
1,250 20501,232 1,232 
5.050% senior notes
1,100 20531,083 1,083 
Floating-rate senior notes:
Floating-rate senior notes1,562 2049-20731,544 1,545 
Debentures:
7.620% debentures
276 2030280 280 
Pound Sterling notes:
5.500% notes
84 203183 84 
5.125% notes
574 2050546 550 
Euro senior notes:
1.625% senior notes
755 2025754 774 
1.000% senior notes
539 2028537 551 
1.500% senior notes
539 2032537 551 
Canadian senior notes:
2.125% senior notes
554 2024554 566 
Finance lease obligations (see note 10)
460 2024-2046460 472 
Facility notes and bonds320 2029-2045320 320 
Other debt2024-2025
Total debt$20,191 20,013 22,264 
Less: current maturities(1,164)(3,348)
Long-term debt$18,849 $18,916