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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Borrowings
Borrowings Composition
As of
March 31, 2024December 31, 2023
5.550% senior notes due November 15, 2024
$1,000 $1,000 
5.600% senior notes due November 15, 2025
1,500 1,500 
5.650% senior notes due November 15, 2027
1,750 1,750 
5.857% senior notes due March 15, 2030
1,250 1,250 
5.905% senior notes due November 22, 2032
1,750 1,750 
6.377% senior notes due November 22, 2052
1,000 1,000 
Floating rate Term Loan Facility due January 2, 2026
1,000 1,150 
Other51 52 
Total principal debt issued9,301 9,452 
Less: Unamortized debt issuance costs and discounts33 35 
Add: Cumulative basis adjustment for fair value hedges
(13)25 
Total borrowings9,255 9,442 
Less: Short-term borrowings(1)
1,008 1,006 
Long-term borrowings
$8,247 $8,436 
(1) Short-term borrowings as of March 31, 2024 and December 31, 2023 includes $1,003 million and $1,002 million, respectively, related to the current portion of our long-term borrowings, net of unamortized debt issuance costs and discounts.