DEBT AND FINANCING ARRANGEMENTS - Additional Information (Details)
£ in Millions |
|
|
12 Months Ended |
|
|
|
|
|
May 28, 2024
USD ($)
|
May 22, 2024
USD ($)
series
|
Dec. 31, 2024
USD ($)
tranche
issuance
credit_agreement
|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2024
EUR (€)
tranche
issuance
credit_agreement
|
Dec. 31, 2024
GBP (£)
tranche
issuance
credit_agreement
|
Nov. 11, 2024
USD ($)
|
Sep. 03, 2024
USD ($)
|
May 21, 2024
USD ($)
|
May 21, 2024
CAD ($)
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 21,487,000,000
|
|
|
|
|
|
|
|
| Outstanding letters of credit |
|
|
1,700,000,000
|
|
|
|
|
|
|
|
| Surety bonds written |
|
|
$ 1,800,000,000
|
|
|
|
|
|
|
|
| Number of credit agreements | credit_agreement |
|
|
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%
|
|
|
|
|
| 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
|
|
|
|
|
|
|
|
| Level 2 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Long-term debt fair value |
|
|
$ 20,300,000,000
|
$ 22,100,000,000
|
|
|
|
|
|
|
| Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Number of series of notes | series |
|
3
|
|
|
|
|
|
|
|
|
| Redemption price percent |
|
100.00%
|
|
|
|
|
|
|
|
|
| Callable debt noncallable period |
30 years
|
|
|
|
|
|
|
|
|
|
| Senior notes | LIBOR |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.45%
|
|
|
|
|
|
|
|
| Euro Senior Notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Number of issuances | issuance |
|
|
3
|
|
3
|
3
|
|
|
|
|
| Commercial paper |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Short-term debt |
|
|
$ 0
|
2,172,000,000
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
0
|
|
|
|
|
|
|
|
| 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] |
|
|
|
|
|
|
|
|
|
|
| Short-term debt |
|
|
$ 0
|
|
|
|
|
|
|
|
| Foreign Commercial Paper Program |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Commercial paper program, authorized to borrow | € |
|
|
|
|
€ 5,000,000,000.0
|
|
|
|
|
|
| 2.125% notes | Canadian Senior Notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
2.125%
|
|
2.125%
|
2.125%
|
|
|
2.125%
|
2.125%
|
| Debt instrument, face amount |
|
|
$ 0
|
|
|
|
|
|
$ 550,000,000
|
$ 750,000,000
|
| Long-term debt |
|
|
$ 0
|
566,000,000
|
|
|
|
|
|
|
| 2.200% senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
2.20%
|
|
2.20%
|
2.20%
|
|
2.20%
|
|
|
| Debt instrument, face amount |
|
|
$ 0
|
|
|
|
|
$ 400,000,000
|
|
|
| Long-term debt |
|
|
$ 0
|
400,000,000
|
|
|
|
|
|
|
| 2.800% senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
2.80%
|
|
2.80%
|
2.80%
|
2.80%
|
|
|
|
| Debt instrument, face amount |
|
|
$ 0
|
|
|
|
$ 500,000,000
|
|
|
|
| Long-term debt |
|
|
$ 0
|
499,000,000
|
|
|
|
|
|
|
| 5.150% senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
5.15%
|
5.15%
|
|
5.15%
|
5.15%
|
|
|
|
|
| Debt instrument, face amount |
|
$ 900,000,000
|
$ 900,000,000
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 894,000,000
|
0
|
|
|
|
|
|
|
| 5.500% senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
5.50%
|
5.50%
|
|
5.50%
|
5.50%
|
|
|
|
|
| Debt instrument, face amount |
|
$ 1,100,000,000
|
$ 1,100,000,000
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 1,087,000,000
|
0
|
|
|
|
|
|
|
| 5.600% senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
5.60%
|
5.60%
|
|
5.60%
|
5.60%
|
|
|
|
|
| Debt instrument, face amount |
|
$ 600,000,000
|
$ 600,000,000
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
590,000,000
|
$ 0
|
|
|
|
|
|
|
| Floating Rate Senior Notes Due 2074 | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
0.35%
|
|
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
$ 213,000,000
|
|
|
|
|
|
|
|
|
|
| Conversion waiting period |
1 year
|
|
|
|
|
|
|
|
|
|
| Floating rate senior notes | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 500,000,000
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
5.32%
|
|
|
|
|
|
|
|
| Floating rate senior notes maturing 2049-2073 | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Callable debt noncallable period |
30 years
|
|
|
|
|
|
|
|
|
|
| Conversion waiting period |
|
|
1 year
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
4.77%
|
4.75%
|
|
|
|
|
|
|
| Floating rate senior notes maturing 2049-2073 | Senior notes | Secured Overnight Financing Rate (SOFR) | Minimum |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.04%
|
|
|
|
|
|
|
|
| Floating rate senior notes maturing 2049-2073 | Senior notes | Secured Overnight Financing Rate (SOFR) | Maximum |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.35%
|
|
|
|
|
|
|
|
| 7.620% debentures |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Original debt amount |
|
|
$ 276,000,000
|
|
|
|
|
|
|
|
| Treasury yield, percentage |
|
|
0.05%
|
|
0.05%
|
0.05%
|
|
|
|
|
| 7.620% debentures | Senior notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
7.62%
|
|
7.62%
|
7.62%
|
|
|
|
|
| 5.500% notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
5.50%
|
|
5.50%
|
5.50%
|
|
|
|
|
| Number of tranches in debt instrument | tranche |
|
|
2
|
|
2
|
2
|
|
|
|
|
| Pound Sterling notes not exchanged | £ |
|
|
|
|
|
£ 66
|
|
|
|
|
| 5.500% notes | Pound Sterling notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
5.50%
|
|
5.50%
|
5.50%
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 84,000,000
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 83,000,000
|
$ 84,000,000
|
|
|
|
|
|
|
| 5.125% notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
5.125%
|
|
5.125%
|
5.125%
|
|
|
|
|
| Number of tranches in debt instrument | tranche |
|
|
2
|
|
2
|
2
|
|
|
|
|
| Pound Sterling notes not exchanged | £ |
|
|
|
|
|
£ 455
|
|
|
|
|
| 5.125% notes | Pound Sterling notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
5.125%
|
|
5.125%
|
5.125%
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 572,000,000
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 544,000,000
|
550,000,000
|
|
|
|
|
|
|
| 5.125% notes | Pound Sterling notes | Government of United Kingdom Bond Yield |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.15%
|
|
|
|
|
|
|
|
| 1.625% notes | Euro Senior Notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
1.625%
|
|
1.625%
|
1.625%
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 732,000,000
|
|
€ 700,000,000
|
|
|
|
|
|
| Long-term debt |
|
|
$ 731,000,000
|
774,000,000
|
|
|
|
|
|
|
| 1.625% notes | Euro Senior Notes | German Government |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.20%
|
|
|
|
|
|
|
|
| 1.000% notes | Euro Senior Notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
1.00%
|
|
1.00%
|
1.00%
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 523,000,000
|
|
€ 500,000,000
|
|
|
|
|
|
| Long-term debt |
|
|
$ 521,000,000
|
551,000,000
|
|
|
|
|
|
|
| 1.000% notes | Euro Senior Notes | German Government |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.15%
|
|
|
|
|
|
|
|
| 1.500% notes | Euro Senior Notes |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Debt instrument, stated interest rate percentage |
|
|
1.50%
|
|
1.50%
|
1.50%
|
|
|
|
|
| Debt instrument, face amount |
|
|
$ 523,000,000
|
|
€ 500,000,000
|
|
|
|
|
|
| Long-term debt |
|
|
$ 521,000,000
|
$ 551,000,000
|
|
|
|
|
|
|
| 1.500% notes | Euro Senior Notes | German Government |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.20%
|
|
|
|
|
|
|
|
| Facility Notes and Bonds Worldport Louisville Due January 2029 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
3.28%
|
3.31%
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 149,000,000
|
|
|
|
|
|
|
|
| Facility Notes and Bonds Airfreight Louisville Due November 2036 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
3.21%
|
3.29%
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 42,000,000
|
|
|
|
|
|
|
|
| Facility Notes and Bonds International Airport Dallas Fort Worth Due May 2032 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
3.26%
|
4.42%
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 29,000,000
|
|
|
|
|
|
|
|
| Facility Notes and Bonds, Delaware County, Pennsylvania Industrial Development Authority, Due September 2045 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Average interest rate |
|
|
3.18%
|
3.26%
|
|
|
|
|
|
|
| Long-term debt |
|
|
$ 100,000,000
|
|
|
|
|
|
|
|
| Revolving Credit Facility Expiring in 2024 |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Revolving credit facilities |
|
|
$ 1,000,000,000
|
|
|
|
|
|
|
|
| Revolving Credit Facility Expiring in 2024 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.10%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Expiring in 2024 | Base Rate |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.70%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Expiring in 2024 | Federal funds effective rate |
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Applicable margin rates |
|
|
0.50%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Expiring in 2024 | 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 |
|
|
0.70%
|
|
|
|
|
|
|
|
| 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%
|
|
|
|
|
|
|
|