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Borrowings and Lines of Credit (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt
(dollars in millions)March 31, 2025December 31, 2024
Commercial paper$—$—
Other borrowings4051
Total short-term borrowings$40$51
Schedule of Long-Term Debt Long-term debt consisted of the following:
(dollars in millions)March 31, 2025December 31, 2024
2.056% notes due 2025
$1,300 $1,300 
0.370% notes due 2026 (¥21.5 billion principal value)
143 137 
0.318% notes due 2026 (€600 million principal value)
650 624 
2.293% notes due 2027
500 500 
2.875% notes due 2027 (€850 million principal value)
920 885 
5.250% notes due 2028
750 750 
2.565% notes due 2030
1,500 1,500 
5.125% notes due 2031
600 600 
0.934% notes due 2031 (€500 million principal value)
541 520 
3.112% notes due 2040
750 750 
3.362% notes due 2050
750 750 
Other (including finance leases)8 6 
Total principal long-term debt8,412 8,322 
Other (discounts and debt issuance costs)(46)(49)
Total long-term debt8,366 8,273 
Less: current portion1,443 1,300 
Long-term debt, net of current portion$6,923 $6,973 
Schedule of Debt The Condensed Consolidated Statements of Operations for the quarters ended March 31, 2025 and 2024 reflects the following:
Quarter Ended March 31,
(dollars in millions)20252024
Debt issuance costs amortization$3 $2 
Total interest expense on external debt57 43 
The weighted average interest expense rate on our borrowings outstanding as of March 31, 2025 and December 31, 2024 was as follows:
March 31, 2025December 31, 2024
Short-term commercial paper—%—%
Total long-term debt2.7%2.7%
Schedule of Average Interest Expense Rate
The weighted average interest expense rate on our borrowings during the quarters ended March 31, 2025 and 2024 was as follows:

Quarter Ended March 31,
20252024
Short-term commercial paper—%5.5%
Total long-term debt2.7%2.5%