Short-Term Borrowings, Long-Term Debt and Available Credit Facilities Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Instrument [Line Items]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt
(In millions)	March 31, 2024				December 31, 2023				March 31, 2023
	Amount		Weighted Average Rate		Amount		Weighted Average Rate		Amount		Weighted Average Rate
Promissory notes and debentures:
Maturing in 2025	$	500	1.70	%	$	500	1.70	%	$	500	1.70	%
Maturing in 2026	600		4.50	%	600		4.50	%	—
Maturing in 2030	500		2.30	%	500		2.30	%	500		2.30	%
Maturing in 2033	600		4.80	%	600		4.80	%	—
Other loans:
Foreign currency loans, various rates and maturities	200		12.70	%	196		14.80	%	187		14.80	%
Medium-term notes, varying maturities through 2041	106		5.28	%	106		5.34	%	107		4.62	%
Finance lease obligations	1				1				3
Less: Unamortized debt discount and issuance costs	15				16				7
Less: Long-term debt due within one year	—				196				49
Total long-term debt	$	2,492			$	2,291			$	1,241

Schedule of Short-term Debt [Table Text Block]

Short-term borrowings and finance lease obligations
(In millions)	March 31, 2024		December 31, 2023		March 31, 2023
Commercial paper	$	1,981	$	—	$	2,680
364-Day Revolving Credit Facility	—		—		1,000
Other loans - various currencies	166		1		57
Long-term debt payable within one year	—		196		49
Finance lease obligations payable within one year	1		1		1
Total short-term borrowings and finance lease obligations	$	2,148	$	198	$	3,787

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt
(In millions)	March 31, 2024				December 31, 2023				March 31, 2023
	Amount		Weighted Average Rate		Amount		Weighted Average Rate		Amount		Weighted Average Rate
Promissory notes and debentures:
Maturing in 2025	$	500	1.70	%	$	500	1.70	%	$	500	1.70	%
Maturing in 2026	600		4.50	%	600		4.50	%	—
Maturing in 2030	500		2.30	%	500		2.30	%	500		2.30	%
Maturing in 2033	600		4.80	%	600		4.80	%	—
Other loans:
Foreign currency loans, various rates and maturities	200		12.70	%	196		14.80	%	187		14.80	%
Medium-term notes, varying maturities through 2041	106		5.28	%	106		5.34	%	107		4.62	%
Finance lease obligations	1				1				3
Less: Unamortized debt discount and issuance costs	15				16				7
Less: Long-term debt due within one year	—				196				49
Total long-term debt	$	2,492			$	2,291			$	1,241

Schedule of Line of Credit Facilities

Committed and Available Credit Facilities at March 31, 2024
(In millions)	Effective Date	Committed Credit		Credit Available		Maturity Date	Interest
Revolving Credit Facility	May 2022	$	3,000	$	3,000	May 2027	Floating Rate
Revolving Credit Facility	May 2022	2,000		2,000		May 2025	Floating Rate
364-day Revolving Credit Facility	February 2024	1,000		1,000		February 2025	Floating Rate
Total Committed and Available Credit Facilities		$	6,000	$	6,000