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Long-Term Debt and Available Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Long-Term Debt
Long-Term Debt
December 31, 2020December 31, 2019
(In millions)AmountWeighted Average RateAmountWeighted Average Rate
Promissory notes and debentures:
  Maturing in 2025500 1.70 %— — %
  Maturing in 2030500 2.30 %— — %
Other loans:
Foreign currency loans, various rates and maturities
Medium-term notes, varying maturities through 2041109 — %109 1.61 %
Finance lease obligations
Less: Unamortized debt discount and issuance costs11 — 
Less: Long-term debt due within one year
Total$1,102 $115 
(in millions)Amount
4.625% Notes due 2020$474 
3.625% Notes due 2021296 
4.250% Notes due 2021163 
2.800% Notes due 2023381 
6.500% Debentures due 202857 
5.600% Senior Notes due 203642 
4.900% Notes due 204148 
4.150% Notes due 204369 
Total$1,530 
Committed and Available Credit Facilities
Committed and Available Credit Facilities at December 31, 2020
(In millions)Effective DateCommitted CreditCredit AvailableMaturity DateInterest
Revolving Credit FacilityMay 2019$3,000 $3,000 May 2024Floating Rate
Revolving Credit FacilityMay 20193,000 3,000 May 2022Floating Rate
Total Committed and Available Credit Facilities$6,000 $6,000