XML 109 R90.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt and Credit Agreements - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2023
USD ($)
swap
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Mar. 31, 2022
USD ($)
swap
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Sep. 07, 2023
USD ($)
Jul. 28, 2022
USD ($)
Jul. 01, 2021
USD ($)
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes               $ 0        
Other Operating Activities           $ (5,000,000) $ (17,000,000) $ 12,000,000        
Quality Carriers, Inc.                        
Debt Instrument [Line Items]                        
Finance lease obligations and debt assumed                     $ 68,000,000  
Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument                        
Debt Instrument [Line Items]                        
Interest rate fair value hedge asset at fair value $ 48,000,000     $ 127,000,000   48,000,000 127,000,000          
Derivative asset, notional value 114,000,000     340,000,000   114,000,000 340,000,000         $ 500,000,000
Cash flow hedge derivative instrument assets at fair value $ 48,000,000     127,000,000   48,000,000 127,000,000          
Notional amount settled   $ 113,000,000 $ 113,000,000 160,000,000                
Derivative, cash received on hedge       52,000,000                
Other Operating Activities   $ 51,000,000 $ 44,000,000                  
2023 Fixed-to-Floating Interest Rate Swaps | Fair Value Hedging                        
Debt Instrument [Line Items]                        
Derivative, number of fair value hedges | swap 2                      
Derivative, term of contract 10 years                      
2023 Fixed-to-Floating Interest Rate Swaps | Fair Value Hedging | Designated as Hedging Instrument                        
Debt Instrument [Line Items]                        
Interest rate fair value hedge asset at fair value $ 19,000,000         19,000,000            
2022 Fixed-to-Floating Interest Rate Swap | Fair Value Hedging                        
Debt Instrument [Line Items]                        
Derivative, number of fair value hedges | swap         5              
Derivative, term of contract         10 years              
2022 Fixed-to-Floating Interest Rate Swap | Fair Value Hedging | Designated as Hedging Instrument                        
Debt Instrument [Line Items]                        
Interest rate fair value hedge liability at fair value 107,000,000     118,000,000   107,000,000 118,000,000          
Commercial Paper                        
Debt Instrument [Line Items]                        
Line of credit facility capacity 1,000,000,000         1,000,000,000            
Line of credit amount outstanding 0         0            
3.25% Notes Due 2027                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes $ 850,000,000         $ 850,000,000            
Interest rate 3.25%         3.25%            
Unsecured Revolving Credit Facility Expiring March 2024 | Revolving Credit Facility                        
Debt Instrument [Line Items]                        
Line of credit facility capacity       1,200,000,000     1,200,000,000          
Line of credit facility, amount outstanding $ 0         $ 0            
4.1% Notes Due 2032                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes                   $ 950,000,000    
Interest rate                   4.10%    
4.5% Notes Due 2052                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes                   $ 900,000,000    
Interest rate                   4.50%    
4.65% Notes Due 2068                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes                   $ 150,000,000    
Interest rate                   4.65%    
Fixed Rate Notes Due Between 2036 and 2040                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes 1,050,000,000     $ 800,000,000 $ 800,000,000 1,050,000,000 $ 800,000,000          
Fixed Rate Notes Due 2033                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes 250,000,000         250,000,000            
5.2% Notes Due 2033                        
Debt Instrument [Line Items]                        
Notional Value of Hedged Notes                 $ 600,000,000      
Interest rate                 5.20%      
Unsecured Revolving Credit Facility Due 2028 | Revolving Credit Facility                        
Debt Instrument [Line Items]                        
Line of credit facility capacity $ 1,200,000,000         $ 1,200,000,000