Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

(In millions)	2023		2022		2021
Cash paid for:
Interest	$	1,385	$	667	$	555
Income taxes	1,482		1,234		2,182
Non-cash investing and financing activities
Acquired but unpaid property, plant and equipment	296		393		379
Fair value of equity awards exchanged	—		—		43
Fair value of acquisition contingent consideration	—		—		183
Finance lease ROU assets obtained in exchange for new finance lease liabilities	2		33		15
Declared but unpaid dividends	137		119		104
Issuance of stock upon vesting of restricted stock units	234		241		265
Excise tax from stock repurchases	28		—		—

Cash, cash equivalents and restricted cash is included in the consolidated balance sheet as follows:

	December 31,		December 31,
(In millions)	2023		2022
Cash and cash equivalents	$	8,077	$	8,524
Restricted cash included in other current assets	6		12
Restricted cash included in other assets	14		1
Cash, cash equivalents and restricted cash	$	8,097	$	8,537

Amounts included in restricted cash primarily represent funds held as collateral for bank guarantees and incoming cash in China awaiting government administrative clearance.