Debt - Components (Details) - USD ($) $ in Millions |
Mar. 31, 2022 |
Dec. 31, 2021 |
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Short-term debt: | ||
Total short-term debt | $ 900 | $ 822 |
Long-term debt: | ||
Senior notes, net | 7,931 | 8,329 |
Other long-term debt, net | 55 | 69 |
Total long-term debt | 7,986 | 8,398 |
Total debt | 8,886 | 9,220 |
Senior notes | ||
Long-term debt: | ||
Senior notes, net | 7,931 | 8,329 |
Unamortized discounts and debt issuance costs | 52 | 54 |
Debt instrument face value | 8,400 | 9,100 |
Other | ||
Long-term debt: | ||
Other long-term debt, net | 55 | 69 |
Level 2 | Senior notes | ||
Long-term debt: | ||
Debt instrument fair value | 8,400 | 9,900 |
Other | ||
Short-term debt: | ||
Total short-term debt | 118 | 72 |
Commercial Paper | Line of Credit | ||
Short-term debt: | ||
Short-term debt | $ 382 | 0 |
Weighted average interest rate, short-term | 0.80% | |
3.65% senior notes due June 2022 | Senior notes | ||
Short-term debt: | ||
Total short-term debt | $ 0 | $ 750 |
Stated percentage | 3.65% | 3.65% |
2.85% senior notes due January 2023 | Senior notes | ||
Short-term debt: | ||
Total short-term debt | $ 400 | $ 0 |
Stated percentage | 2.85% |
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- Definition Amount of short-term and long-term debt and lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of short-term debt and current maturity of long-term debt and capital lease obligations due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unamortized debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt classified as other, payable after one year or the operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Senior note holders are paid off in full before any payments are made to junior note holders. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Weighted average interest rate of short-term debt outstanding calculated at point in time. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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