DEBT (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Carrying Value of Debt Outstanding

The carrying value of debt outstanding was as follows at December 31, 2023 and 2022:

	2023		2022
	(in millions)
Short-term debt:
Commercial paper	$	871	$	595
Senior notes:
$600 million, 3.850% due October 1, 2024	572		—
$1.5 billion, 0.650% due August 3, 2023	—		1,497
Total senior notes	572		1,497
Total short-term debt	$	1,443	$	2,092
Long-term debt:
Senior notes:
$600 million, 3.850% due October 1, 2024	$	—	$	599
$600 million, 4.500% due April 1, 2025	598		597
$500 million, 5.700% due March 13, 2026	498		—
$750 million, 1.350% due February 3, 2027	688		745
$600 million, 3.950% due March 15, 2027	537		597
$500 million, 5.750% due March 1, 2028	495		494
$500 million, 5.750% due December 1, 2028	495		—
$750 million, 3.700% due March 23, 2029	590		743
$500 million, 3.125% due August 15, 2029	433		496
$500 million, 4.875% due April 1, 2030	496		495
$750 million 2.150% due February 3, 2032	743		743
$750 million, 5.875% due March 1, 2033	750		739
$850 million, 5.950% due March 15, 2034	840		—
$250 million, 8.150% due June 15, 2038	261		261
$400 million, 4.625% due December 1, 2042	396		396
$750 million, 4.950% due October 1, 2044	740		740
$400 million, 4.800% due March 15, 2047	396		396
$500 million, 3.950% due August 15, 2049	529		493
$750 million, 5.500% due March 15, 2053	728		—
Total senior notes	10,213		8,534
Term loans:
Delayed draw term loan, due May 28, 2024	—		500
Total long-term debt	$	10,213	$	9,034

Schedule of Maturities of Long-term Debt

Maturities of the short-term and long-term debt for the years ending December 31, are as follows:

For the years ending December 31,	(in millions)
2024	$	1,443
2025	600
2026	500
2027	1,231
2028	1,000
Thereafter	6,930