Debt Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2025

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, 2025		December 31, 2024
1.000% Notes	€650 million	2025	$	—	$	672
2.500% Notes	$1 billion	2026	999		999
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	999		993
7.000% Debentures	$160 million	2031	165		161
2.900% Notes	$750 million	2032	746		745
5.935% Debentures	$336 million	2032	341		337
4.500% Notes	$500 million	2033	494		493
5.375% Debentures	$432 million	2035	427		426
6.450% Debentures	$103 million	2038	102		103
5.765% Debentures	$297 million	2041	297		297
4.535% Debentures	$383 million	2042	294		291
4.016% Debentures	$371 million	2043	269		266
3.750% Notes	$408 million	2047	403		403
4.500% Notes	$600 million	2049	590		589
2.700% Notes	$750 million	2051	733		732
6.950% Debentures	$157 million	2097	154		154
Other			205		199
Total long-term debt including current maturities			7,612		8,254
Current maturities			(1,006)		(674)
Total long-term debt			$	6,606	$	7,580

Schedule of Aggregate Future Maturities of Long-term Debt

The aggregate future maturities of long-term debt as of December 31, 2025 are as follows (in millions):

	Amount
2026	$	1,006
2027	266
2028	—
2029	145
2030	1,006
Thereafter	5,442
Total estimated future maturities	$	7,865