Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Aggregate Fair Value and Carrying Value

The aggregate carrying value and fair value of our total long-term debt were as follows at December 31:

(in millions)	2022		2021
Carrying value	$	26,680	$	28,044
Fair value	22,928		30,459
Foreign currency denominated debt included in long-term debt:
Carrying value	4,540		4,817
Fair value	4,165		5,114

Derivative Instruments, Gain (Loss)

The pre-tax effects of our net investment hedges on accumulated other comprehensive losses and our consolidated statements of earnings were as follows:

	(Gain) Loss Recognized in Accumulated Other Comprehensive Losses						(Gain) Loss Recognized in Net Earnings
	For the Years Ended December 31,
(in millions)	2022		2021		2020		2022		2021		2020
Foreign currency contracts	$	—	$	(16)	$	79	$	—	$	(7)	$	(40)
Foreign currency denominated debt	(281)		(359)		424		—		—		—
Total	$	(281)	$	(375)	$	503	$	—	$	(7)	$	(40)