Borrowings and Credit Agreements (Tables)

9 Months Ended

Sep. 30, 2018

Borrowings and Credit Agreements

Summary of the Company's borrowings

	September 30,		December 31,
In millions	2018		2017
Short-term debt
Commercial paper	$	—	$	1,276
Long-term debt
3.25% senior exchange debentures due 2035		—		1
1.9% senior notes due 2018		—		2,250
2.25% senior notes due 2018		1,250		1,250
2.25% senior notes due 2019		850		850
2.8% senior notes due 2020		2,750		2,750
3.125% senior notes due 2020		2,000		—
Floating rate notes due 2020		1,000		—
2.125% senior notes due 2021		1,750		1,750
4.125% senior notes due 2021		550		550
3.35% senior notes due 2021		3,000		—
Floating rate notes due 2021		1,000		—
2.75% senior notes due 2022		1,250		1,250
3.5% senior notes due 2022		1,500		1,500
4.75% senior notes due 2022		399		399
4% senior notes due 2023		1,250		1,250
3.7% senior notes due 2023		6,000		—
3.375% senior notes due 2024		650		650
5% senior notes due 2024		299		299
3.875% senior notes due 2025		2,828		2,828
4.1% senior notes due 2025		5,000		—
2.875% senior notes due 2026		1,750		1,750
6.25% senior notes due 2027		372		372
4.3% senior notes due 2028		9,000		—
4.875% senior notes due 2035		652		652
4.78% senior notes due 2038		5,000		—
6.125% senior notes due 2039		447		447
5.75% senior notes due 2041		133		133
5.3% senior notes due 2043		750		750
5.125% senior notes due 2045		3,500		3,500
5.05% senior notes due 2048		8,000		—
Capital lease obligations		672		670
Other		18		43
Total debt principal		63,620		27,170
Debt premiums		25		28
Debt discounts and deferred financing costs		(759)		(196)
		62,886		27,002
Less:
Short-term debt (commercial paper)		—		(1,276)
Current portion of long-term debt		(2,139)		(3,545)
Long-term debt	$	60,747	$	22,181

Schedule of debt issuances

In millions
3.125% senior notes due 2020	$	2,000
Floating rate notes due 2020		1,000
3.35% senior notes due 2021		3,000
Floating rate notes due 2021		1,000
3.7% senior notes due 2023		6,000
4.1% senior notes due 2025		5,000
4.3% senior notes due 2028		9,000
4.78% senior notes due 2038		5,000
5.05% senior notes due 2048		8,000
Total debt principal	$	40,000