DEBT AND FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The carrying value of our outstanding debt as of September 30, 2018 and December 31, 2017 consists of the following (in millions):

	Principal Amount			Carrying Value
			Maturity	2018			2017
Commercial paper	$	2,815	2018 - 2019	$	2,815		$	3,203
Fixed-rate senior notes:
5.500% senior notes	750		2018	—			751
5.125% senior notes	1,000		2019	1,004			1,019
3.125% senior notes	1,500		2021	1,509			1,549
2.050% senior notes	700		2021	697			696
2.450% senior notes	1,000		2022	952			979
2.350% senior notes	600		2022	597			597
2.500% senior note	1,000		2023	994			992
2.800% senior note	500		2024	496			495
2.400% senior note	500		2026	497			497
3.050% senior note	1,000		2027	991			990
6.200% senior notes	1,500		2038	1,482			1,482
4.875% senior notes	500		2040	490			489
3.625% senior notes	375		2042	368			368
3.400% senior notes	500		2046	491			491
3.750 % senior notes	1,150		2047	1,136			1,135
Floating-rate senior notes:
Floating-rate senior notes	350		2021	348			348
Floating-rate senior notes	400		2022	399			398
Floating-rate senior notes	500		2023	499			496
Floating-rate senior notes	1,043		2049-2067	1,030			1,032
8.375% Debentures:
8.375% debentures	424		2020	434			447
8.375% debentures	276		2030	281			282
Pound Sterling notes:
5.500% notes	87		2031	86			84
5.125% notes	593		2050	561			586
Euro senior notes:
0.375% notes	811		2023	805			832
1.625% notes	811		2025	806			833
1.000% notes	579		2028	575			595
1.500% notes	579		2032	575			594
Floating-rate senior notes	579		2020	578			598
Canadian senior notes:
2.125% notes	575		2024	572			593
Capital lease obligations	900		2018-3005	900			500
Facility notes and bonds	320		2029-2045	320			319
Other debt	13		2018-2022	13			19
Total debt	$	24,230		23,301			24,289
Less: Current maturities				(3,200		)	(4,011		)
Long-term debt				$	20,101		$	20,278