LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Long-Term Debt and Credit Agreements

	December 31,
	2023		2022
1.30% Euro notes due 2023	$	—	$	1,334
3.35% notes due 2023	—		300
0.00% Euro notes due 2024	547		534
2.30% notes due 2024	750		750
4.85% notes due 2024	400		400
1.35% notes due 2025	1,250		1,250
2.50% notes due 2026	1,500		1,500
1.10% notes due 2027	1,000		1,000
3.50% Euro notes due 2027	711		—
4.95% notes due 2028	500		500
2.25% Euro notes due 2028	820		800
4.25% notes due 2029	750		—
2.70% notes due 2029	750		750
1.95% notes due 2030	1,000		1,000
1.75% notes due 2031	1,500		1,500
0.75% Euro notes due 2032	547		534
3.75% Euro notes due 2032	547		—
5.00% notes due 2033	1,100		1,100
4.50% notes due 2034	1,000		—
4.125% Euro notes due 2034	1,094		1,067
5.70% notes due 2036	441		441
5.70% notes due 2037	462		462
5.375% notes due 2041	417		417
3.812% notes due 2047	442		445
2.80% notes due 2050	750		750
Industrial development bond obligations, floating rate maturing at various dates through 2037	22		22
6.625% debentures due 2028	201		201
9.065% debentures due 2033	51		51
Other (including capitalized leases), 7.0% weighted average interest rate maturing at various dates through 2029	217		265
Fair value of hedging instruments	(166)		(287)
Debt issuance costs	(245)		(233)
Total Long-term debt and current related maturities	18,358		16,853
Less: Current maturities of long-term debt	1,796		1,730
Total Long-term debt	$	16,562	$	15,123

Principal Payments on Long-Term Debt

The schedule of principal payments on long-term debt is as follows:

	December 31, 2023
2024	$	1,796
2025	1,314
2026	1,528
2027	1,718
2028	1,527
Thereafter	10,475
Total Long-term debt and current related maturities	18,358
Less: Current maturities of long-term debt	1,796
Total Long-term debt	$	16,562