XML 91 R74.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt Financing Arrangements (Narrative) (Details)
€ in Millions, $ in Millions
12 Months Ended
Apr. 03, 2023
USD ($)
Feb. 28, 2022
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2023
EUR (€)
Aug. 28, 2023
USD ($)
Jun. 23, 2023
EUR (€)
Sep. 30, 2022
EUR (€)
Aug. 26, 2020
USD ($)
Debt And Financing Arrangements [Line Items]                    
Proceeds from notes recorded as long-term debt     $ 501 $ 752 $ 1,329          
Discount amortization expense included in interest expense related to the notes     15 $ 6 10          
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months     1              
Long-term Debt, Maturities, Repayments of Principal in Year Two     718              
Long-term Debt, Maturities, Repayments of Principal in Year Three     999              
Long-term Debt, Maturities, Repayments of Principal in Year Four     251              
Long-term Debt, Maturities, Repayments of Principal in Year Five     1              
Lines of credit     13,200              
Unused lines of credit     $ 11,500              
Weighted average interest rate on short term borrowings (as a percent)     7.44% 6.21%   7.44%        
Outstanding standby letters of credit and surety bonds     $ 1,600 $ 1,600            
(Gain) Loss on Extinguishment of Debt     $ 0 0 $ 36          
Debt Instrument, Repurchased Face Amount | €                 € 500  
Line of Credit Facility, Interest Rate Description     Secured Overnight Financing Rate plus a fixed spread              
Fair Value of Debt Excess over Carrying Value     $ 300              
Notes Four Point Five Percent due Two Thousand Forty-Nine [Member]                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage     4.50%     4.50%        
Debt instrument, maturity year     2049              
Debt Instrument, Face Amount     $ 600              
Notes One Percent Due in Two Thousand Twenty-Five [Member]                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage     1.00%     1.00%        
Debt instrument, maturity year     2025              
Debt Instrument, Face Amount | €           € 650        
Bonds Zero Percent Due in 2023 [Member]                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage             0.00%     0.00%
Debt instrument, maturity year     2023              
Debt Instrument, Face Amount                   $ 300
Debt Instrument, Repurchased Face Amount             $ 300      
Notes Two Point Twenty-Five Percent Due in 2030                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage     3.25%     3.25%        
Debt instrument, maturity year     2030              
Debt Instrument, Face Amount     $ 1,000              
Notes Two Point Seven Percent Due in Twenty Fifty-One                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage     2.70%     2.70%        
Debt instrument, maturity year     2051              
Debt Instrument, Face Amount     $ 750              
Notes Two Point Nine Percent due 2032                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Issuance Date   Feb. 28, 2022                
Debt Instrument, Interest Rate, Stated Percentage   2.90%                
Proceeds from notes recorded as long-term debt   $ 745                
Debt Instrument, Face Amount   $ 750                
Debt Instrument, Maturity Date   Mar. 01, 2032                
Notes Four Point Five Percent Due in 2033                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Issuance Date Apr. 03, 2023                  
Debt Instrument, Interest Rate, Stated Percentage 4.50%   4.50%     4.50%        
Debt instrument, maturity year     2033              
Proceeds from notes recorded as long-term debt $ 493                  
Debt Instrument, Face Amount $ 500   $ 500              
Debt Instrument, Maturity Date Aug. 15, 2033                  
Notes One Point Seventy Five Percent Due In Two Thousand Twenty-Three [Member]                    
Debt And Financing Arrangements [Line Items]                    
Debt Instrument, Interest Rate, Stated Percentage     1.75%     1.75%   1.75%    
Debt instrument, maturity year     2023              
Debt Instrument, Face Amount | €           € 600        
Debt Instrument, Repurchased Face Amount | €               € 600    
Commercial Paper [Member]                    
Debt And Financing Arrangements [Line Items]                    
Lines of credit     $ 5,000              
Amount utilized from lines of credit facility     5              
Accounts Receivable Securitization Facility [Member]                    
Debt And Financing Arrangements [Line Items]                    
Lines of credit     3,000              
Amount utilized from lines of credit facility     1,600              
Foreign Line of Credit                    
Debt And Financing Arrangements [Line Items]                    
Lines of credit     $ 750 $ 500