Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

	Effective Interest Rate at December 31,		December 31,		December 31,
(Dollars in millions)	2019		2019		2018
Commercial Paper			$	—	$	693
Floating Rate 2-Year Senior Notes, Due 7/24/2019 (euro-denominated)			—		574
6.00% 10-Year Senior Notes, Due 3/1/2020			—		750
4.70% 10-Year Senior Notes, Due 5/1/2020			—		300
Floating Rate 2-Year Senior Notes, Due 8/7/2020 (euro-denominated)	0.17	%	673		688
1.50% 5-Year Senior Notes, Due 12/1/2020 (euro-denominated)			—		487
5.00% 10-Year Senior Notes, Due 1/15/2021			—		400
4.50% 10-Year Senior Notes, Due 3/1/2021			—		1,000
3.60% 10-Year Senior Notes, Due 8/15/2021			—		1,100
3.30% 7-Year Senior Notes, Due 2/15/2022			—		800
2.15% 7-Year Senior Notes, Due 7/21/2022 (euro-denominated)	2.28	%	561		574
3.15% 10-Year Senior Notes, Due 1/15/2023			—		800
3.00% 7-Year Senior Notes, Due 4/15/2023	5.02	%	1,000		1,000
4.15% 10-Year Senior Notes, Due 2/1/2024	4.16	%	1,000		1,000
0.75% 8-Year Senior Notes, Due 9/12/2024 (euro-denominated)	0.94	%	1,121		1,147
0.125% 5.5-Year Senior Notes, Due 3/1/2025 (euro-denominated)	0.41	%	897		—
2.00% 10-Year Senior Notes, Due 4/15/2025 (euro-denominated)	2.10	%	717		734
3.65% 10-Year Senior Notes, Due 12/15/2025	3.77	%	350		350
1.40% 8.5-Year Senior Notes, Due 1/23/2026 (euro-denominated)	1.53	%	785		802
2.95% 10-Year Senior Notes, Due 9/19/2026	3.19	%	1,200		1,200
1.45% 10-Year Senior Notes, Due 3/16/2027 (euro-denominated)	1.65	%	561		574
3.20% 10-Year Senior Notes, Due 8/15/2027	3.39	%	750		750
0.50% 8.5-Year Senior Notes, Due 3/1/2028 (euro-denominated)	0.77	%	897		—
1.375% 12-Year Senior Notes, Due 9/12/2028 (euro-denominated)	1.46	%	673		688
1.95% 12-Year Senior Notes, Due 7/24/2029 (euro-denominated)	2.08	%	785		802
2.60% 10-Year Senior Notes, Due 10/1/2029	2.74	%	900		—
0.875% 12-Year Senior Notes, Due 10/1/2031 (euro-denominated)	1.13	%	1,009		—
2.875% 20-Year Senior Notes, Due 7/24/2037 (euro-denominated)	2.94	%	785		802
1.50% 20-Year Senior Notes, Due 10/1/2039 (euro-denominated)	1.73	%	1,009		—
5.30% 30-Year Senior Notes, Due 2/1/2044	5.37	%	400		400
4.10% 30-Year Senior Notes, Due 8/15/2047	4.23	%	750		750
1.875% 30-Year Senior Notes, Due 10/1/2049 (euro-denominated)	1.98	%	1,121		—
Other			16		21
Total Borrowings at Par Value			17,960		19,186
Fair Value Hedge Accounting Adjustments			(13)		(93)
Unamortized Discount, Net			(94)		(21)
Unamortized Debt Issuance Costs			(101)		(82)
Total Borrowings at Carrying Value			17,752		18,990
Less: Short-term Obligations and Current Maturities			676		1,271
Long-term Obligations			$	17,076	$	17,719

Schedule of Maturities of Long-term Debt [Table Text Block]

As of December 31, 2019, the annual repayment requirements for debt obligations are as follows:

(In millions)
2020	$	676
2021	4
2022	564
2023	1,001
2024	2,122
2025 and Thereafter	13,593
	$	17,960

Schedule of Derivative Instruments [Table Text Block]

	Aggregate Notional Amount			Pay Rate as of
(Dollars in millions)			Pay Rate	December 31, 2019		Receive Rate
3.00% Senior Notes due 2023 (a)	$	1,000	1-month LIBOR + 1.7640%	3.5038	%	3.00	%