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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Summary of outstanding debt
The following is a summary of outstanding debt (in millions):
As of December 31
2014

2013
2.875% Senior Notes due May 2026
$
605

 
$

3.50% Senior Notes due September 2015
599

 
599

5.00% Senior Notes due September 2020
599

 
599

3.50% Senior Notes due June 2024
597

 

4.60% Senior Notes due June 2044
549

 

8.205% Junior Subordinated Notes due January 2027
521

 
521

3.125% Senior Notes due May 2016
500

 
500

4.00% Senior Notes due November 2023
349

 
349

4.76% Senior Notes due March 2018
322

 
352

6.25% Senior Notes due September 2040
298

 
298

4.45% Senior Notes due May 2043
248

 
248

4.25% Senior Notes due December 2042
196

 
195

6.25% Senior Notes due July 2014

 
685

Commercial paper
168

 

Other
31

 
43

Total debt
5,582

 
4,389

Less short-term and current portion of long-term debt
783

 
703

Total long-term debt
$
4,799

 
$
3,686

Repayments of long-term debt
Repayments of total debt are as follows (in millions):
2015
$
783

2016
511

2017
3

2018
323

2019

Thereafter
3,962

 
$
5,582