Debt Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The Company’s long-term debt consisted of the following (in millions, except as noted):

Debt Instrument
Interest Rate	Face Amount	Due Date	December 31, 2024		December 31, 2023
1.000% Notes	€650 million	2025	$	672	$	717
2.500% Notes	$1 billion	2026	999		998
7.500% Debentures	$147 million	2027	147		147
6.750% Debentures	$103 million	2027	103		103
6.625% Debentures	$144 million	2029	144		144
3.250% Notes	$1 billion	2030	993		991
7.000% Debentures	$160 million	2031	161		159
2.900% Notes	$750 million	2032	745		744
5.935% Debentures	$336 million	2032	337		334
4.500% Notes	$500 million	2033	493		492
5.375% Debentures	$432 million	2035	426		426
6.450% Debentures	$103 million	2038	103		102
5.765% Debentures	$297 million	2041	297		297
4.535% Debentures	$383 million	2042	291		288
4.016% Debentures	$371 million	2043	266		263
3.750% Notes	$408 million	2047	403		403
4.500% Notes	$600 million	2049	589		589
2.700% Notes	$750 million	2051	732		732
6.950% Debentures	$157 million	2097	154		154
Other			199		177
Total long-term debt including current maturities			8,254		8,260
Current maturities			(674)		(1)
Total long-term debt			$	7,580	$	8,259

Schedule of Aggregate Future Maturities of Long-term Debt

The aggregate future maturities of long-term debt as of December 31, 2024 are as follows (in millions):

	Amount
2025	$	675
2026	1,007
2027	265
2028	1
2029	145
Thereafter	6,428
Total estimated future maturities	$	8,521