NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

A summary of notes payable follows:

(In millions)	June 30, 2017			December 31, 2016
2.65% senior notes paid February 2017		$	0		$	649
2.40% senior notes due March 2020		545			547
4.00% senior notes due February 2022		346			348
3.625% senior notes due June 2023		694			696
3.625% senior notes due November 2024		743			745
3.25% senior notes due March 2025		445			445
2.875% senior notes due October 2026		298			298
6.90% senior notes due December 2039		221			220
6.45% senior notes due August 2040		256			254
4.00% senior notes due October 2046		394			394
5.50% subordinated debentures due September 2052		494			486
Yen-denominated senior notes:
.932% senior notes due January 2027 (principal amount 60.0 billion yen)		532			0
Yen-denominated loans:
Variable interest rate loan due September 2021 (.31% in 2017 and 2016, principal amount 5.0 billion yen)		44			43
Variable interest rate loan due September 2023 (.46% in 2017 and 2016, principal amount 25.0 billion yen)		222			214
Capitalized lease obligations payable through 2024		18			21
Total notes payable		$	5,252		$	5,360

Amounts in the table above are reported net of debt issuance costs and issuance premiums or discounts, if applicable, that are being amortized over the life of the notes.