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Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Debt Instrument Table
The following table details our long-term debt:
 December 31,
(In millions)20212020
Senior unsecured notes:
2.800% notes due 2022
$— $500 
9.375% notes due 2022(a)
32 32 
Series A notes due 2022(a)
8.500% notes due 2023(a)
70 70 
8.125% notes due 2023(a)
131 131 
3.850% notes due 2025
— 900 
4.400% notes due 2027(b)
1,000 1,000 
6.800% notes due 2032(b)
550 550 
6.600% notes due 2037(b)
750 750 
5.200% notes due 2045(b)
500 500 
Bonds:(c)
2.00% bonds due 2037
200 200 
2.10% bonds due 2037
200 200 
2.20% bonds due 2037
200 200 
2.125% bonds due 2037
200 200 
2.375% bonds due 2037
200 200 
Total4,036 5,436 
Unamortized discount(3)(5)
Unamortized debt issuance cost(19)(27)
Total long-term debt$4,014 $5,404 
(a)In the event of a change in control, as defined in the related agreements, debt obligations totaling $236 million at December 31, 2021 may be declared immediately due and payable
(b)These notes contain a make-whole provision allowing us to repay the debt at a premium to market price.
(c)Mandatory purchase dates for these bonds: April 1, 2023 for the 2.00% bonds; July 1, 2024 for the 2.10% bonds and 2.125% bonds; July 1, 2026 for the 2.20% bonds and 2.375% bonds. Subsequent to the various mandatory purchase dates, we will also have the right to convert and remarket these any time up to the 2037 maturity date.
Five Year Schedule Of Debt Payments Table
The following table shows future debt payments:
(In millions)
2022$35 
2023401 
2024400 
2025— 
2026400 
Thereafter2,800 
Total long-term debt, including current portion$4,036