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Notes Payable and Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
 
March 31,
 
December 31,
(in millions)
2020
 
2019
Short-term debt


 


Short-term borrowings
$
34

 
$
34




 


Long-term debt


 


4.625% Senior notes due 09/15/20 ($250 million par value)
251

 
251

1.80% Senior notes due 11/7/22 (€500 million par value)
549

 
558

3.375% Senior notes due 03/15/25 ($500 million par value)
497

 
497

7.125% Senior notes due 02/15/29 ($121 million par value)
119

 
119

4.375% Senior notes due 03/15/45 ($500 million par value)
494

 
494

Term loan facilities and other
6

 
7

Total long-term debt
1,916

 
1,926

Less: current portion
252

 
252

Long-term debt, net of current portion
$
1,664

 
$
1,674