Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of debt, net of discounts and debt issuance costs

The Company’s debt consisted of the following:

(In millions)	March 31, 2021		December 31, 2020
Short-term and current maturities of long-term debt:
Lines of credit	$	88	$	144
Finance lease and other financing obligations	278		240
Total short-term and current maturities of long-term debt	$	366	$	384
Long-term debt:
4.750% senior notes due June 2021	$	400	$	400
3.500% senior notes due October 2022	700		700
0.375% senior notes due July 2023 (Euro-denominated)	588		612
3.800% senior notes due October 2023	1,000		1,000
2.750% senior notes due July 2024	2,000		2,000
3.850% senior notes due June 2025	900		900
2.250% senior notes due July 2025 (British Pound-denominated)	723		709
3.200% senior notes due July 2026	2,000		2,000
2.250% senior notes due June 2027	1,000		1,000
1.125% senior notes due July 2027 (Euro-denominated)	588		612
4.200% senior notes due October 2028	1,000		1,000
3.500% senior notes due July 2029	3,000		3,000
2.650% senior notes due June 2030	1,000		1,000
1.625% senior notes due July 2030 (Euro-denominated)	588		612
3.000% senior notes due July 2031 (British Pound-denominated)	723		709
4.400% senior notes due July 2049	2,000		2,000
Receivable securitized loan	500		425
Term loan facility	1,250		1,250
Unamortized discount and deferred financing costs	(147)		(155)
Revolving credit facility	511		22
Finance lease and other financing obligations	514		504
Total long-term debt	$	20,838	$	20,300