XML 76 R42.htm IDEA: XBRL DOCUMENT v3.23.1
Debt and Credit Agreements - Narrative (Details)
3 Months Ended
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
swap
Feb. 28, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2020
USD ($)
Commercial Paper          
Line of Credit Facility          
Maximum borrowing capacity of credit facility $ 1,000,000,000        
Borrowings outstanding 0        
Fixed Rate Notes Due Between 2036 and 2040          
Line of Credit Facility          
Debt issued 800,000,000 $ 800,000,000   $ 800,000,000  
3.25% Notes Due 2027          
Line of Credit Facility          
Debt issued         $ 850,000,000
Debt interest rate         3.25%
Unsecured Revolving Credit Facility Expiring March 2024 | Credit Facility          
Line of Credit Facility          
Maximum borrowing capacity of credit facility     $ 1,200,000,000 1,200,000,000  
Borrowings outstanding 0        
Fixed-to-Floating Interest Rate Swap | Fair Value Hedging          
Line of Credit Facility          
Derivative, number of fair value hedges | swap   5      
Derivative, term of contract (in years)   10 years      
Designated as Hedging Instrument | Fixed-to-Floating Interest Rate Swap | Fair Value Hedging          
Line of Credit Facility          
Fair value hedge derivative instrument liabilities at fair value 103,000,000     118,000,000  
Designated as Hedging Instrument | Forward Starting Interest Rate Swap | Cash Flow Hedge          
Line of Credit Facility          
Cash flow hedge derivative instrument assets at fair value 124,000,000     $ 127,000,000  
Unrealized gains (losses) recorded net of tax in other comprehensive income related to hedge $ (3,000,000) $ 21,000,000      
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedge          
Line of Credit Facility          
Aggregate notional value of interest forward interest rate swap         $ 340,000,000