Annual report pursuant to Section 13 and 15(d)

DEBT AND FINANCING ARRANGEMENTS - Additional Information (Details)

v3.22.4
DEBT AND FINANCING ARRANGEMENTS - Additional Information (Details)
£ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Oct. 01, 2022
USD ($)
May 15, 2022
USD ($)
Nov. 08, 2017
May 18, 2017
Dec. 31, 2022
EUR (€)
Dec. 31, 2022
USD ($)
Tranches
Credit_Agreements
Dec. 31, 2021
USD ($)
Dec. 31, 2022
EUR (€)
Credit_Agreements
Dec. 31, 2022
GBP (£)
Credit_Agreements
Dec. 31, 2022
CAD ($)
Credit_Agreements
May 01, 2022
USD ($)
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                        
Long-term debt           $ 19,436,000,000            
Debt instrument, face amount           19,826,000,000            
Outstanding letters of credit           1,700,000,000            
Surety bonds written           $ 1,500,000,000            
Number of credit agreements | Credit_Agreements           2   2 2 2    
Covenants limit the amount of secured indebtedness that we may incur, and limit the amount of attributable debt in sale-leaseback transactions, to percentage of net tangible assets           10.00%   10.00% 10.00% 10.00%    
Covenants limit the amount of secured indebtedness that we may incur, and limit the amount of attributable debt in sale-leaseback transactions, net tangible assets amount           $ 4,600,000,000            
Long-term debt fair value           $ 18,200,000,000 $ 25,100,000,000          
Bomi Group                        
Debt Instrument [Line Items]                        
Repayments of assumed debt | €         € 142,000,000              
Senior notes | Maximum | LIBOR                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.45%            
U.S. Commercial Paper Program                        
Debt Instrument [Line Items]                        
Commercial paper program, authorized to borrow           $ 10,000,000,000.0            
U.S. Commercial Paper Program | Commercial paper                        
Debt Instrument [Line Items]                        
Long-term debt           0            
Foreign Commercial Paper Program                        
Debt Instrument [Line Items]                        
Commercial paper program, authorized to borrow | €               € 5,000,000,000.0        
Foreign Commercial Paper Program | Commercial paper                        
Debt Instrument [Line Items]                        
Long-term debt           $ 0            
3.125% senior notes | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           3.125%   3.125% 3.125% 3.125%    
Debt instrument, face amount                       $ 1,500,000,000
7.62% debentures Due 2030                        
Debt Instrument [Line Items]                        
Original debt amount           $ 276,000,000            
7.62% debentures Due 2030 | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           7.62%   7.62% 7.62% 7.62%    
Debt instrument, face amount           $ 276,000,000            
Floating rate senior notes maturing 2023 | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, face amount           $ 500,000,000            
Floating rate senior notes maturing 2021 | Senior notes                        
Debt Instrument [Line Items]                        
Average interest rate           1.93% 0.58%          
Floating rate senior notes maturing 2049-2067 | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, face amount           $ 1,039,000,000            
Average interest rate           1.44% 0.00%          
Senior notes earliest callable period           30 years            
Senior notes earliest putable period           1 year            
Floating rate senior notes maturing 2049-2067 | Senior notes | Minimum | LIBOR                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.30%            
Floating rate senior notes maturing 2049-2067 | Senior notes | Maximum | LIBOR                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.45%            
Facility Notes and Bonds Worldport Louisville Due January 2029                        
Debt Instrument [Line Items]                        
Average interest rate           0.16% 0.05%          
Principal Balance           $ 149,000,000            
Facility Notes and Bonds Airfreight Louisville Due November 2036                        
Debt Instrument [Line Items]                        
Average interest rate           1.08% 0.07%          
Principal Balance           $ 42,000,000            
Facility Notes and Bonds International Airport Dallas Fort Worth Due May 2032                        
Debt Instrument [Line Items]                        
Principal Balance           $ 29,000,000            
Fixed interest rate           5.11%   5.11% 5.11% 5.11%    
Facility Notes and Bonds, Delaware County, Pennsylvania Industrial Development Authority, Due September 2045                        
Debt Instrument [Line Items]                        
Average interest rate           1.03% 0.05%          
Principal Balance           $ 100,000,000            
5.50% Pound Sterling Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           5.50%   5.50% 5.50% 5.50%    
Number of tranches in debt instrument | Tranches           2            
Pound Sterling notes not exchanged | £                 £ 66      
5.50% Pound Sterling Notes | Pound Sterling notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           5.50%   5.50% 5.50% 5.50%    
Debt instrument, face amount           $ 80,000,000            
5.13% Pound Sterling Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           5.125%   5.125% 5.125% 5.125%    
Number of tranches in debt instrument | Tranches           2            
Pound Sterling notes not exchanged | £                 £ 455      
5.13% Pound Sterling Notes | Pound Sterling notes | Government of United Kingdom Bond Yield                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.15%            
1.000% euro senior notes | Euro Senior Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           1.00%   1.00% 1.00% 1.00%    
Debt instrument, face amount           $ 533,000,000   € 500,000,000        
1.000% euro senior notes | Euro Senior Notes | German Government                        
Debt Instrument [Line Items]                        
Applicable margin rates     0.15%                  
Canadian Senior Note 2.125 Note | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           2.125%   2.125% 2.125% 2.125%    
Debt instrument, face amount           $ 554,000,000            
Canadian Senior Note 2.125 Note | Canadian Senior Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           2.125%   2.125% 2.125% 2.125%    
Debt instrument, face amount                   $ 750    
Canadian Senior Note 2.125 Note | Canadian Senior Notes | Government of Canada Yield                        
Debt Instrument [Line Items]                        
Applicable margin rates       0.215%                
0.375% Euro Senior Notes | Euro Senior Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           0.375%   0.375% 0.375% 0.375%    
Debt instrument, face amount           $ 746,000,000   € 700,000,000        
0.375% Euro Senior Notes | Euro Senior Notes | Euro Government Yield                        
Debt Instrument [Line Items]                        
Applicable margin rates     0.10%                  
1.500% euro senior notes | Euro Senior Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           1.50%   1.50% 1.50% 1.50%    
Debt instrument, face amount           $ 533,000,000   € 500,000,000        
1.500% euro senior notes | Euro Senior Notes | Euro Government Yield                        
Debt Instrument [Line Items]                        
Applicable margin rates     0.20%                  
Revolving Credit Facility Expiring in 2023                        
Debt Instrument [Line Items]                        
Revolving credit facilities           1,000,000,000            
Line of credit facility, fair value of amount outstanding           $ 0            
Revolving Credit Facility Expiring in 2023 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.10%            
Revolving Credit Facility Expiring in 2023 | Base Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.70%            
Revolving Credit Facility Expiring in 2023 | Federal funds effective rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.50%            
Revolving Credit Facility Expiring in 2023 | Adjusted Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           1.00%            
Revolving Credit Facility Expiring in 2026                        
Debt Instrument [Line Items]                        
Revolving credit facilities           $ 2,000,000,000            
Line of credit facility, fair value of amount outstanding           $ 0            
Revolving Credit Facility Expiring in 2026 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.10%            
Revolving Credit Facility Expiring in 2026 | Base Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.875%            
Revolving Credit Facility Expiring in 2026 | Federal funds effective rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           0.50%            
Revolving Credit Facility Expiring in 2026 | Adjusted Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                        
Debt Instrument [Line Items]                        
Applicable margin rates           1.00%            
Floating Rate Senior Notes Due 2022 | Senior notes                        
Debt Instrument [Line Items]                        
Repayments of senior debt   $ 400,000,000                    
Debt instrument, face amount           $ 0         $ 400,000,000  
2.35% senior notes | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage   2.35%       2.35%   2.35% 2.35% 2.35%    
Repayments of senior debt   $ 600,000,000                    
Debt instrument, face amount           $ 0            
2.45% senior notes | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage 2.45%         2.45%   2.45% 2.45% 2.45%    
Repayments of senior debt $ 1,000,000,000                      
Debt instrument, face amount           $ 0 $ 1,000,000,000          
1.625% euro senior notes | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           1.625%   1.625% 1.625% 1.625%    
Debt instrument, face amount | €               € 700,000,000        
1.625% euro senior notes | Senior notes | German Government                        
Debt Instrument [Line Items]                        
Applicable margin rates     0.20%                  
1.625% euro senior notes | Euro Senior Notes                        
Debt Instrument [Line Items]                        
Debt instrument, stated interest rate percentage           1.625%   1.625% 1.625% 1.625%    
Debt instrument, face amount           $ 746,000,000