Debt and Credit Agreements (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Debt and Credit Agreement Components

The Company’s debt and credit agreements consisted of the following:


(In millions)	September 30, 2022		December 31, 2021
6.51% weighted-average private placement senior notes	$	—	$	37
5.58% weighted-average private placement senior notes	—		87
3.65% weighted-average private placement senior notes	825		825
4.375% senior notes due June 1, 2024 (1)	44		750
3.90% senior notes due May 15, 2027	750		750
4.375% senior notes due March 15, 2029	500		500

Net premium (discount)	119		185
Unamortized debt issuance costs	(6)		(9)
	$	2,232	$	3,125

________________________________________________________

(1) Includes $44 million of current portion of long-term debt at September 30, 2022 that was called for redemption in October 2022.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details