Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2022

Financing Arrangements

Schedule of debt

	As of		As of
(in millions)	June 30, 2022		December 31, 2021
2.900% senior notes due June 1, 2030	$	595	$	595
3.200% senior notes due October 1, 2026		498		498
3.900% senior notes due June 1, 2050		390		390
6.625% senior notes due April 15, 2037		253		253
Revolving credit agreement		—		—
Other long-term borrowings		3		2
Total long-term debt		1,739		1,738
Commercial paper		558		250
Other short-term borrowings		94		58
Total short-term borrowings		652		308
Total debt	$	2,391	$	2,046