Long-Term Debt and Credit Agreements (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Credit Agreement Components

The following table includes a summary of the Company’s long-term debt.

	December 31,
(In millions)	2023		2022
Total debt
3.65% weighted-average private placement senior notes(1)	$	825	$	825
3.90% senior notes due May 15, 2027	750		750
4.375% senior notes due March 15, 2029	500		500
Revolving credit agreement	—		—
Total	2,075		2,075
Unamortized debt premium	90		111
Unamortized debt issuance costs	(4)		(5)
Total debt	$	2,161	$	2,181
Less: current portion of long-term debt	575		—
Long-term debt	$	1,586	$	2,181

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(1)The 3.65% weighted-average senior notes have bullet maturities of $575 million and $250 million due in September 2024 and 2026, respectively.