LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt and Credit Agreements

	December 31,
	2024		2023
0.00% euro notes due 2024	$	—	$	547
2.30% notes due 2024	—		750
4.85% notes due 2024	—		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	675		711
4.65% notes due 2027	1,150		—
4.95% notes due 2028	500		500
2.25% euro notes due 2028	779		820
4.25% notes due 2029	750		750
2.70% notes due 2029	750		750
4.875% notes due 2029	500		—
4.70% notes due 2030	1,000		—
3.375% euro notes due 2030	779		—
1.95% notes due 2030	1,000		1,000
4.95% notes due 2031	500		—
1.75% notes due 2031	1,500		1,500
4.75% notes due 2032	650		—
0.75% euro notes due 2032	519		547
3.75% euro notes due 2032	519		547
5.00% notes due 2033	1,100		1,100
4.50% notes due 2034	1,000		1,000
4.125% euro notes due 2034	1,039		1,094
5.00% notes due 2035	1,450		—
3.75% euro notes due 2036	779		—
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		442
2.80% notes due 2050	750		750
5.25% notes due 2054	1,750		—
5.35% notes due 2064	650		—
4.37% term loan due 2027	1,000		—
6.625% debentures due 2028	201		201
9.065% debentures due 2033	51		51
Industrial development bond obligations, floating rate maturing at various dates through 2037	22		22
Other (including finance leases), 4.3% weighted average interest rate maturing at various dates through 2031	390		217
Fair value of hedging instruments	(136)		(166)
Debt issuance costs	(303)		(245)
Total Long-term debt and current related maturities	26,826		18,358
Less: Current maturities of long-term debt	1,347		1,796
Total Long-term debt	$	25,479	$	16,562

Principal Payments on Long-Term Debt

The schedule of principal payments on long-term debt, excluding fair value of hedging instruments and debt issuance costs, is as follows:

	December 31, 2024
2025	$	1,347
2026	1,954
2027	3,855
2028	1,493
2029	2,007
Thereafter	16,609
Total Long-term debt and current related maturities	$	27,265