XML 62 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT AND CREDIT AGREEMENTS (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Debt Instrument [Line Items]    
Total long-term debt, including current portion $ 12,881,000,000 $ 13,924,000,000
Less current portion (143,000,000) (1,351,000,000)
Total Noncurrent Debt 12,738,000,000 12,573,000,000
Two Year Floating rate Euro notes due 2018 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 0 1,199,000,000
Maturity date of debt instrument Feb. 22, 2018  
1.40% notes due 2019 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 1,250,000,000 1,250,000,000
Various interest rates 1.40%  
Maturity date of debt instrument Oct. 30, 2019  
Three year floating rate notes due 2019 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 250,000,000 250,000,000
Maturity date of debt instrument Oct. 30, 2019  
Two Year Floating Rate Notes Due 2019 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 450,000,000 450,000,000
Maturity date of debt instrument Oct. 30, 2019  
1.80% notes due 2019 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 750,000,000 750,000,000
Various interest rates 1.80%  
Maturity date of debt instrument Oct. 30, 2019  
0.65% Euro notes due 2020 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 1,232,000,000 1,199,000,000
Various interest rates 0.65%  
Maturity date of debt instrument Feb. 21, 2020  
4.25% notes due 2021 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 800,000,000 800,000,000
Various interest rates 4.25%  
Maturity date of debt instrument Mar. 01, 2021  
1.85% notes due 2021 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 1,500,000,000 1,500,000,000
Various interest rates 1.85%  
Maturity date of debt instrument Nov. 01, 2021  
1.30% Euro notes due 2023 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 1,539,000,000 1,499,000,000
Various interest rates 1.30%  
Maturity date of debt instrument Feb. 22, 2023  
3.35% notes due 2023 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 300,000,000 300,000,000
Various interest rates 3.35%  
Maturity date of debt instrument Dec. 01, 2023  
2.50% notes due 2026 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 1,500,000,000 1,500,000,000
Various interest rates 2.50%  
Maturity date of debt instrument Nov. 01, 2026  
2.25% Euro notes due 2028 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 924,000,000 900,000,000
Various interest rates 2.25%  
Maturity date of debt instrument Feb. 22, 2028  
5.70% notes due 2036 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 441,000,000 441,000,000
Various interest rates 5.70%  
Maturity date of debt instrument Mar. 15, 2036  
5.70% notes due 2037 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 462,000,000 462,000,000
Various interest rates 5.70%  
Maturity date of debt instrument Mar. 13, 2037  
5.375% notes due 2041 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 417,000,000 417,000,000
Various interest rates 5.375%  
Maturity date of debt instrument Mar. 01, 2041  
3.812% notes due 2047 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 445,000,000 445,000,000
Various interest rates 3.812%  
Maturity date of debt instrument Nov. 21, 2047  
Debt Instrument Description On January 29, 2018, the Company completed an exchange offer for any and all of its outstanding 3.812% Notes due 2047, which had not been registered (“Unregistered Notes”) under the Securities Act of 1933, as amended (“Securities Act”) for an equal principal amount of new 3.812% Notes due 2047 which had been registered under the Securities Act (“Registered Notes”). 99.4% of the Unregistered Notes were exchanged for Registered Notes, representing 99.4% of the principal amount of the Company’s outstanding 3.812% Notes due 2047.  
Exchange date of debt Jan. 29, 2018  
Principal amount of outstanding 3.812% Notes exchanged, percent 99.40%  
Industrial development bond obligations, floating rate maturing at various dates through 2037 [Member]    
Debt Instrument [Line Items]    
Industrial development bond $ 22,000,000 22,000,000
Maturity date of debt instrument Dec. 31, 2037  
6.625% debentures due 2028 [Member]    
Debt Instrument [Line Items]    
Debentures $ 201,000,000 201,000,000
Various interest rates 6.625%  
Maturity date of debt instrument Jun. 15, 2028  
9.065% debentures due 2033 [Member]    
Debt Instrument [Line Items]    
Debentures $ 51,000,000 51,000,000
Various interest rates 9.065%  
Maturity date of debt instrument Jun. 01, 2033  
Other (including capitalized leases and debt issuance costs), 5.2% weighted average maturing at various dates through 2025 [Member]    
Debt Instrument [Line Items]    
Other long term debt $ 347,000,000 $ 288,000,000
Maturity date of debt instrument Dec. 31, 2025  
Weighted average interest rate 5.20%  
Syndicate Of Banks [Member] | $1.5B Second 364-Day Credit Agreement [Member]    
Line Of Credit Facility [Line Items]    
Facility initiation date Feb. 16, 2018  
Facility expiration date Feb. 15, 2019  
Line of credit facility, current borrowing capacity $ 1,500,000,000  
Line of credit facility, remaining borrowing capacity $ 1,500,000,000