Short-Term Borrowings, Long-Term Debt and Available Credit Facilities Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Instrument [Line Items]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt
(In millions)	June 30, 2024				December 31, 2023				June 30, 2023
	Amount		Weighted Average Rate		Amount		Weighted Average Rate		Amount		Weighted Average Rate
Promissory notes and debentures:
Maturing in 2025	$	500	1.70	%	$	500	1.70	%	$	500	1.70	%
Maturing in 2026	600		4.50	%	600		4.50	%	600		4.50	%
Maturing in 2030	500		2.30	%	500		2.30	%	500		2.30	%
Maturing in 2033	600		4.80	%	600		4.80	%	600		4.80	%
Other loans:
Foreign currency loans, various rates and maturities	181		12.70	%	196		14.80	%	195		14.80	%
Medium-term notes, varying maturities through 2041	104		5.29	%	106		5.34	%	106		5.10	%
Finance lease obligations	—				1				2
Less: Unamortized debt discount and issuance costs	14				16				18
Less: Long-term debt due within one year	—				196				195
Total long-term debt	$	2,471			$	2,291			$	2,290

Schedule of Short-term Debt [Table Text Block]

Short-term borrowings and finance lease obligations
(In millions)	June 30, 2024		December 31, 2023		June 30, 2023
Commercial paper	$	2,077	$	—	$	2,805
364-Day Revolving Credit Facility	—		—		—
Other loans - various currencies	175		1		22
Long-term debt payable within one year	—		196		195
Finance lease obligations payable within one year	1		1		1
Total short-term borrowings and finance lease obligations	$	2,253	$	198	$	3,023

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt
(In millions)	June 30, 2024				December 31, 2023				June 30, 2023
	Amount		Weighted Average Rate		Amount		Weighted Average Rate		Amount		Weighted Average Rate
Promissory notes and debentures:
Maturing in 2025	$	500	1.70	%	$	500	1.70	%	$	500	1.70	%
Maturing in 2026	600		4.50	%	600		4.50	%	600		4.50	%
Maturing in 2030	500		2.30	%	500		2.30	%	500		2.30	%
Maturing in 2033	600		4.80	%	600		4.80	%	600		4.80	%
Other loans:
Foreign currency loans, various rates and maturities	181		12.70	%	196		14.80	%	195		14.80	%
Medium-term notes, varying maturities through 2041	104		5.29	%	106		5.34	%	106		5.10	%
Finance lease obligations	—				1				2
Less: Unamortized debt discount and issuance costs	14				16				18
Less: Long-term debt due within one year	—				196				195
Total long-term debt	$	2,471			$	2,291			$	2,290

Schedule of Line of Credit Facilities

Committed and Available Credit Facilities at June 30, 2024
(In millions)	Effective Date	Committed Credit		Credit Available		Maturity Date	Interest
Revolving Credit Facility	June 2024	$	2,850	$	2,850	June 2029	Floating Rate
Revolving Credit Facility	June 2024	1,900		1,900		June 2027	Floating Rate
364-day Revolving Credit Facility	February 2024	1,000		1,000		February 2025	Floating Rate
Total Committed and Available Credit Facilities		$	5,750	$	5,750