Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt

December 31  (in millions)	2024			2023
4.250% Senior Notes, due 2024	$	—		$	400
7% Debentures, due 2025		125			125
3.450% Senior Notes, due 2027		299			299
3.500% Senior Notes, due 2027		493			492
2.500% Senior Notes, due 2030		472			472
2.400% Senior Notes, due 2031		890			890
5.150% Senior Notes, due 2034		738			—
6.25% Senior Notes, due 2037		228			228
4.250% Senior Notes, due 2047		591			590
3.200% Senior Notes, due 2051		851			850
5.500% Senior Notes, due 2054		726			—
Total debt		5,413			4,346
Less: current maturities		(125	)		(400	)
Long-term debt	$	5,288		$	3,946

Schedule of Principal Amount, Effective Interest Rate and Maturity Date for Corporation's Senior Notes

	Principal Amount (in millions)		Effective Interest Rate	Maturity Date
7% Debentures	$	125	7.05%	December 1, 2025
3.450% Senior Notes	$	300	3.55%	June 1, 2027
3.500% Senior Notes	$	495	3.61%	December 15, 2027
2.500% Senior Notes	$	478	2.71%	March 15, 2030
2.400% Senior Notes	$	896	2.48%	July 15, 2031
5.150% Senior Notes	$	750	5.33%	December 1, 2034
6.25% Senior Notes	$	230	6.32%	May 1, 2037
4.250% Senior Notes	$	598	4.32%	December 15, 2047
3.200% Senior Notes	$	866	3.29%	July 15, 2051
5.500% Senior Notes	$	750	5.70%	December 1, 2054

Schedule of Corporation's Long-Term Debt Maturities

The Company’s long-term debt maturities for each of the next five years and thereafter are as follows:

(in millions)
2025	$	125
2026		—
2027		792
2028		—
2029		—
Thereafter		4,496
Total	$	5,413