Quarterly report pursuant to Section 13 or 15(d)

DEBT AND FINANCING ARRANGEMENTS (Tables)

v3.21.1
DEBT AND FINANCING ARRANGEMENTS (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of our outstanding debt obligations as of March 31, 2021 and December 31, 2020 consists of the following (in millions):
Principal
Amount
Carrying Value
Maturity 2021 2020
Commercial paper $ 697  2021 $ 697  $ 15 
Fixed-rate senior notes:
3.125% senior notes
—  2021 —  1,507 
2.050% senior notes
700  2021 700  700 
2.450% senior notes
1,000  2022 1,028  1,028 
2.350% senior notes
600  2022 599  599 
2.500% senior notes
1,000  2023 997  997 
2.800% senior notes
500  2024 498  498 
2.200% senior notes
400  2024 398  398 
3.900% senior notes
1,000  2025 995  995 
2.400% senior notes
500  2026 498  498 
3.050% senior notes
1,000  2027 993  993 
3.400% senior notes
750  2029 746  746 
2.500% senior notes
400  2029 397  397 
4.450% senior notes
750  2030 744  743 
6.200% senior notes
1,500  2038 1,483  1,483 
5.200% senior notes
500  2040 493  493 
4.875% senior notes
500  2040 490  490 
3.625% senior notes
375  2042 368  368 
3.400% senior notes
500  2046 491  491 
3.750% senior notes
1,150  2047 1,137  1,137 
4.250% senior notes
750  2049 742  742 
3.400% senior notes
700  2049 688  688 
5.300% senior notes
1,250  2050 1,231  1,231 
Floating-rate senior notes:
Floating-rate senior notes 350  2021 350  350 
Floating-rate senior notes 400  2022 400  399 
Floating-rate senior notes 500  2023 499  499 
Floating-rate senior notes 1,039  2049-2067 1,027  1,027 
8.375% Debentures:
8.375% debentures
276  2030 281  281 
Pound Sterling Notes:
5.500% notes
91  2031 91  90 
5.125% notes
626  2050 594  586 
Euro Senior Notes:
0.375% senior notes
821  2023 818  857 
1.625% senior notes
821  2025 818  856 
1.000% senior notes
587  2028 584  611 
1.500% senior notes
587  2032 583  611 
Canadian senior notes:
2.125% senior notes
594  2024 592  583 
Finance lease obligations 352  2021-2159 352  342 
Facility notes and bonds 320  2029-2045 320  320 
Other debt 2021-2025
Total debt $ 23,891  23,727  24,654 
Less: current maturities (1,811) (2,623)
Long-term debt $ 21,916  $ 22,031