Debt (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Schedule of Outstanding Debt

The Company’s outstanding debt is as follows:

(In millions)	June 30, 2018		December 31, 2017
Short-term:
Commercial paper	$	175	$	—
Current portion of long-term debt	264		262
	439		262
Long-term:
Senior notes – 2.55% due 2018	250		250
Senior notes – 2.35% due 2019	299		299
Senior notes – 2.35% due 2020	499		498
Senior notes – 4.80% due 2021	498		498
Senior notes – 2.75% due 2022	497		496
Senior notes – 3.30% due 2023	348		348
Senior notes – 4.05% due 2023	248		248
Senior notes – 3.50% due 2024	597		596
Senior notes – 3.50% due 2025	496		496
Senior notes – 3.75% due 2026	596		596
Senior notes – 5.875% due 2033	297		297
Senior notes – 4.35% due 2047	492		492
Senior notes – 4.20% due 2048	592		—
Mortgage – 5.70% due 2035	364		370
Other	4		3
	6,077		5,487
Less current portion	264		262
	$	5,813	$	5,225

Estimated Fair Value Of Significant Financial Instruments

The estimated fair value of the Company’s short-term and long-term debt is provided below. Certain estimates and judgments were required to develop the fair value amounts. The fair value amounts shown below are not necessarily indicative of the amounts that the Company would realize upon disposition, nor do they indicate the Company’s intent or need to dispose of the financial instrument.

	June 30, 2018				December 31, 2017
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Short-term debt	$	439	$	440	$	262	$	264
Long-term debt	$	5,813	$	5,826	$	5,225	$	5,444