Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The fair values of our fixed rate notes were estimated using Level 2 inputs including quoted market prices for these instruments. The fair value of our commercial paper was estimated using Level 2 inputs. The commercial paper includes a discount and fair value was determined to approximate the carrying value due to the short term to maturity.

	As of September 30, 2025
	(in millions)
Debt:	Carrying Amount		Fair value
Commercial Paper	$	417	$	417
2025 Senior Notes (3.75%; unsecured due December 1, 2025)	1,250		1,249
2027 Senior Notes (4.00%; unsecured due September 15, 2027)	1,494		1,500
2027 Senior Notes (3.10%; unsecured due September 15, 2027)	499		492
2028 Senior Notes (3.625%; unsecured due September 1, 2028)	950		988
2028 Senior Notes (3.75%; unsecured due September 21, 2028)	597		595
2029 Senior Notes (4.35%; unsecured due June 15, 2029)	1,244		1,261
2030 Senior Notes (2.10%; unsecured due June 15, 2030)	1,241		1,136
2031 Senior Notes (5.25%; unsecured due June 15, 2031)	744		785
2032 Senior Notes (1.85%; unsecured due September 15, 2032)	1,489		1,270
2033 Senior Notes (4.60%; unsecured due March 15, 2033)	1,491		1,511
2040 Senior Notes (2.65%; unsecured due September 15, 2040)	1,234		927
2048 Senior Notes (4.25%; unsecured due September 21, 2048)	1,233		1,060
2050 Senior Notes (3.00%; unsecured due June 15, 2050)	1,224		839
2052 Senior Notes (4.95%; unsecured due June 15, 2052)	1,468		1,396
2060 Senior Notes (3.00%; unsecured due September 15, 2060)	1,473		934
2062 Senior Notes (5.20%; unsecured due June 15, 2062)	985		949
Total debt	$	19,033	$	17,309