Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

	Effective interest rate at December 31,		December 31,		December 31,
(Dollars in millions)	2021		2021		2020
Commercial Paper	0.01	%	$	2,522	$	—
2.15% 7-Year Senior Notes, Due 7/21/2022 (euro-denominated)			—		611
3.00% 7-Year Senior Notes, Due 4/15/2023			—		1,000
Floating Rate (SOFR + 0.35%) 1.5-Year Senior Notes, Due 4/18/2023			1,000		—
Floating Rate (SOFR + 0.39%) 2-Year Senior Notes, Due 10/18/2023			500		—
0.797% 2-Year Senior Notes, Due 10/18/2023	1.03	%	1,350		—
Floating Rate (EURIBOR + 0.20%) 2-Year Senior Notes Due 11/18/2023 (euro-denominated)	0.00	%	1,933		—
0.000% 2-Year Senior Notes Due 11/18/2023 (euro-denominated)	0.06	%	625		—
4.15% 10-Year Senior Notes, Due 2/1/2024			—		1,000
0.75% 8-Year Senior Notes, Due 9/12/2024 (euro-denominated)	0.94	%	1,137		1,222
1.215% 3-Year Senior Notes, Due 10/18/2024	1.42	%	2,500		—
Floating Rate (SOFR + 0.53%) 3-Year Senior Notes, Due 10/18/2024			500		—
0.125% 5.5-Year Senior Notes, Due 3/1/2025 (euro-denominated)	0.41	%	910		977
4.133% 5-Year Senior Notes, Due 3/25/2025			—		1,100
2.00% 10-Year Senior Notes, Due 4/15/2025 (euro-denominated)	2.10	%	728		782
0.000% 4-Year Senior Notes Due 11/18/2025 (euro-denominated)	0.16	%	625		—
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	%	796		855
2.95% 10-Year Senior Notes, Due 9/19/2026			—		1,200

	Effective interest rate at December 31,		December 31,		December 31,
(Dollars in millions)	2021		2021		2020
1.45% 10-Year Senior Notes, Due 3/16/2027 (euro-denominated)	1.66	%	568		611
1.75% 7-Year Senior Notes, Due 4/15/2027 (euro-denominated)	1.97	%	682		733
3.20% 10-Year Senior Notes, Due 8/15/2027			—		750
0.50% 8.5-Year Senior Notes, Due 3/1/2028 (euro-denominated)	0.77	%	910		977
1.375% 12-Year Senior Notes, Due 9/12/2028 (euro-denominated)	1.46	%	682		733
1.750% 7-Year Senior Notes, Due 10/15/2028	1.89	%	700		—
1.95% 12-Year Senior Notes, Due 7/24/2029 (euro-denominated)	2.08	%	796		855
2.60% 10-Year Senior Notes, Due 10/1/2029	2.74	%	900		900
4.497% 10-Year Senior Notes, Due 3/25/2030			—		1,100
0.80% 9-Year Senior Notes, Due 10/18/2030 (euro-denominated)	0.89	%	1,990		—
0.875% 12-Year Senior Notes, Due 10/1/2031 (euro-denominated)	1.13	%	1,023		1,099
2.00% 10-Year Senior Notes, Due 10/15/2031	2.23	%	1,200		—
2.375% 12-Year Senior Notes, Due 4/15/2032 (euro-denominated)	2.55	%	682		733
1.125% 12-Year Senior Notes, Due 10/18/2033 (euro-denominated)	1.21	%	1,706		—
2.875% 20-Year Senior Notes, Due 7/24/2037 (euro-denominated)	2.94	%	796		855
1.50% 20-Year Senior Notes, Due 10/1/2039 (euro-denominated)	1.73	%	1,023		1,099
2.80% 20-Year Senior Notes, Due 10/15/2041	2.90	%	1,200		—
1.625% 20-Year Senior Notes, Due 10/18/2041 (euro-denominated)	1.78	%	1,421		—
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	%	1,137		1,222
2.00% 30-Year Senior Notes, Due 10/18/2051 (euro-denominated)	2.07	%	853		—
Other			76		5
Total borrowings at par value			34,971		21,919
Fair value hedge accounting adjustments			—		25
Unamortized discount			(117)		(102)
Unamortized debt issuance costs			(184)		(114)
Total borrowings at carrying value			34,670		21,728
Finance lease liabilities			200		7
Less: Short-term obligations and current maturities			2,537		2,628
Long-term obligations			$	32,333	$	19,107

SOFR - Secured Overnight Financing Rate

EURIBOR - Euro Interbank Offered Rate

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

As of December 31, 2021, the annual repayment requirements for debt obligations are as follows:

(In millions)	Borrowings		Finance Lease Liabilities
2022	$	2,522	$	15
2023	5,396		12
2024	4,138		12
2025	2,610		12
2026	797		12
2027 and thereafter	19,508		137
	$	34,971	$	200