Quarterly report pursuant to Section 13 or 15(d)

DEBT AND FINANCING ARRANGEMENTS (Tables)

v3.24.3
DEBT AND FINANCING ARRANGEMENTS (Tables)
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of our outstanding debt obligations as of September 30, 2024 and December 31, 2023 consisted of the following (in millions):
Principal
Amount
Carrying Value
Maturity 2024 2023
Commercial paper $ —  $ —  $ 2,172 
Fixed-rate senior notes:
2.800% senior notes
500  2024 500  499 
2.200% senior notes
—  2024 —  400 
3.900% senior notes
1,000  2025 999  999 
2.400% senior notes
500  2026 499  499 
3.050% senior notes
1,000  2027 997  996 
3.400% senior notes
750  2029 748  747 
2.500% senior notes
400  2029 398  398 
4.450% senior notes
750  2030 746  745 
4.875% senior notes
900  2033 895  894 
5.150% senior notes
900  2034 893  — 
6.200% senior notes
1,500  2038 1,486  1,485 
5.200% senior notes
500  2040 494  494 
4.875% senior notes
500  2040 491  491 
3.625% senior notes
375  2042 369  369 
3.400% senior notes
500  2046 492  492 
3.750% senior notes
1,150  2047 1,138  1,138 
4.250% senior notes
750  2049 743  743 
3.400% senior notes
700  2049 689  689 
5.300% senior notes
1,250  2050 1,232  1,232 
5.050% senior notes
1,100  2053 1,083  1,083 
5.500% senior notes
1,100  2054 1,087  — 
5.600% senior notes
600  2064 590  — 
Floating-rate senior notes:
Floating-rate senior notes 1,775  2049-2074 1,755  1,545 
Debentures:
7.620% debentures
276  2030 279  280 
Pound Sterling notes:
5.500% notes
89  2031 88  84 
5.125% notes
608  2050 578  550 
Euro senior notes:
1.625% senior notes
783  2025 783  774 
1.000% senior notes
560  2028 558  551 
1.500% senior notes
560  2032 557  551 
Canadian senior notes:
2.125% senior notes
—  2024 —  566 
Finance lease obligations (see note 10)
439  2024-2046 439  472 
Facility notes and bonds 320  2029-2045 320  320 
Other debt 2024-2026
Total debt $ 22,139  21,930  22,264 
Less: current maturities (1,606) (3,348)
Long-term debt $ 20,324  $ 18,916