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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Short-term and Long-term Debt Outstanding
A summary of short-term and long-term debt outstanding is as follows:
(in millions)December 31,
 20242023
3.625% Senior Notes, due 2024 1
— 47 
4.75% Senior Notes, due 2025 2
4.0% Senior Notes, due 2026 3
2.95% Senior Notes, due 2027 4
498 497 
2.45% Senior Notes, due 2027 5
1,243 1,240 
4.75% Senior Notes, due 2028 6
797 810 
4.25% Senior Notes, due 2029 7
1,004 1,016 
2.5% Senior Notes, due 2029 8
497 497 
2.70% Sustainability-Linked Senior Notes, due 2029 9
1,238 1,236 
1.25% Senior Notes, due 2030 10
595 595 
2.90% Senior Notes, due 2032 11
1,477 1,474 
5.25% Senior Notes due 2033 12
744 743 
6.55% Senior Notes, due 2037 13
291 291 
4.5% Senior Notes, due 2048 14
273 272 
3.25% Senior Notes, due 2049 15
590 590 
3.70% Senior Notes, due 2052 16
975 975 
2.3% Senior Notes, due 2060 17
683 683 
3.9% Senior Notes, due 2062 18
486 486 
Commercial paper— — 
Total debt11,398 11,459 
Less: short-term debt including current maturities47 
Long-term debt$11,394 $11,412 
1We made a $47 million repayment of our 3.625% senior note in the second quarter of 2024.
2Interest payments are due semiannually on February 15 and August 15.
3Interest payments are due semiannually on March 1 and September 1.
4Interest payments are due semiannually on January 22 and July 22, and as of December 31, 2024, the unamortized debt discount and issuance costs total $2 million.
5Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $7 million.
6Interest payments are due semiannually on February 1 and August 1.
7Interest payments are due semiannually on May 1 and November 1.
8Interest payments are due semiannually on June 1 and December 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $3 million.
9Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $12 million.
10Interest payments are due semiannually on February 15 and August 15, and as of December 31, 2024, the unamortized debt discount and issuance costs total $5 million.
11Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $23 million.
12Interest payments are due semiannually on March 15 and September 15, beginning on March 15, 2024, and as of December 31, 2024, the unamortized debt discount and issuance costs total $6 million.
13Interest payments are due semiannually on May 15 and November 15, and as of December 31, 2024, the unamortized debt discount and issuance costs total $2 million.
14Interest payments are due semiannually on May 15 and November 15, and as of December 31, 2024, the unamortized debt discount and issuance costs total $10 million.
15Interest payments are due semiannually on June 1 and December 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $10 million.
16Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $25 million.
17Interest payments are due semiannually on February 15 and August 15, and as of December 31, 2024, the unamortized debt discount and issuance costs total $17 million.
18Interest payments are due semiannually on March 1 and September 1, and as of December 31, 2024, the unamortized debt discount and issuance costs total $14 million.