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Debt Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Long-Term Debt

The Company’s long-term debt consisted of the following:
Debt Instrument
 
 
 
Interest Rate
Face Amount
Due Date
December 31, 2019
 
December 31, 2018
 
 
 
(In millions)
2.5% Notes
$1 billion
2026
$
994

 
$
993

 
 
 
 
 
 
1% Notes
€650 million
2025
723

 
736

 
 
 
 
 
 
1.75% Notes
€600 million
2023
669

 
682

 
 
 
 
 
 
4.5% Notes
$600 million
2049
587

 
587

 
 
 
 
 
 
4.479% Debentures
$516 million
2021
500

 
493

 
 
 
 
 
 
3.75% Notes
$500 million
2047
493

 
493

 
 
 
 
 
 
5.375% Debentures
$470 million
2035
461

 
461

 
 
 
 
 
 
3.375% Notes
$400 million
2022
398

 
398

 
 
 
 
 
 
4.016% Debentures
$570 million
2043
389

 
386

 
 
 
 
 
 
4.535% Debentures
$528 million
2042
384

 
382

 
 
 
 
 
 
5.935% Debentures
$383 million
2032
379

 
378

 
 
 
 
 
 
5.765% Debentures
$378 million
2041
378

 
378

 
 
 
 
 
 
7% Debentures
$164 million
2031
163

 
163

 
 
 
 
 
 
6.625% Debentures
$160 million
2029
159

 
159

 
 
 
 
 
 
6.95% Debentures
$159 million
2097
155

 
155

 
 
 
 
 
 
7.5% Debentures
$150 million
2027
150

 
149

 
 
 
 
 
 
6.45% Debentures
$127 million
2038
126

 
126

 
 
 
 
 
 
6.75% Debentures
$118 million
2027
117

 
117

 
 
 
 
 
 
Floating Rate
€500 million
2019

 
572

 
 
 
 
 
 
Other
 
 
454

 
472

Total long-term debt including current maturities
 
7,679

 
8,280

Current maturities
 
 
(7
)
 
(582
)
Total long-term debt
 
 
$
7,672

 
$
7,698