Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of company’s outstanding debt

13.    Debt

The Company’s outstanding debt is as follows:

December 31,
(In millions)	2022		2021
Short-term:
Current portion of long-term debt	$	268	$	17
	268		17
Long-term:
Senior notes – 3.30% due 2023	—		349
Senior notes – 4.05% due 2023	250		249
Senior notes – 3.50% due 2024	599		599
Senior notes – 3.875% due 2024	998		997
Senior notes – 3.50% due 2025	499		498
Senior notes – 1.349% due 2026	587		629
Senior notes – 3.75% due 2026	598		598
Senior notes – 4.375% due 2029	1,499		1,499
Senior notes – 1.979% due 2030	576		614
Senior notes – 2.25% due 2030	739		739
Senior notes – 2.375% due 2031	397		397
Senior notes – 5.750% due 2032	493		—
Senior notes – 5.875% due 2033	298		298
Senior notes – 4.75% due 2039	495		495
Senior notes – 4.35% due 2047	493		493
Senior notes – 4.20% due 2048	593		593
Senior notes – 4.90% due 2049	1,238		1,238
Senior notes – 2.90% due 2051	346		346
Senior notes – 6.250% due 2052	492		—
Mortgage – 5.70% due 2035	301		316
Other	4		3
	11,495		10,950
Less current portion	268		17
	$	11,227	$	10,933

Schedule estimated fair value of short-term and long-term debt

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.

	December 31, 2022				December 31, 2021
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Short-term debt	$	268	$	265	$	17	$	17
Long-term debt	$	11,227	$	10,544	$	10,933	$	12,466