v3.24.3
DEBT - Narrative (Details)
SFr in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2024
CHF (SFr)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument            
Long-term debt and lease obligation $ 3,142,000,000   $ 3,142,000,000     $ 3,056,000,000
Current maturities of long-term debt 455,000,000   455,000,000     751,000,000
Underwriting discounts and other offering expenses 23,000,000   23,000,000     13,000,000
Revolving Credit Facility            
Debt Instrument            
Repayments of revolving credit facility during period     0   $ 0  
Proceeds from revolving credit facility during period     0   0  
Revolving credit facility, outstanding balance 0   0     $ 0
Line of credit facility, remaining borrowing capacity 1,497,000,000   1,497,000,000      
Senior Notes            
Debt Instrument            
Proceeds from issuance of debt     786,000,000      
Underwriting discounts and other offering expenses 14,000,000 $ 4,000,000 14,000,000   4,000,000  
2029 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 450,000,000   $ 450,000,000      
Debt instrument, interest rate, stated percentage 5.25%   5.25%      
Issue price percentage     99.496% 99.496%    
2034 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 350,000,000   $ 350,000,000      
Debt instrument, interest rate, stated percentage 5.50%   5.50%      
Issue price percentage     98.86% 98.86%    
2024 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 750,000,000   $ 750,000,000      
Debt instrument, interest rate, stated percentage 1.80%   1.80%      
Debt instrument, repurchased face amount $ 746,000,000   $ 746,000,000      
Repayments of long-term debt 753,000,000          
Interest expense, debt 7,000,000          
2027 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 600,000,000 $ 600,000,000 $ 600,000,000   600,000,000  
Debt instrument, interest rate, stated percentage 5.75%   5.75%      
Issue price percentage   99.975%        
Proceeds from issuance of debt   $ 596,000,000        
2023 Fixed Rate Notes | Senior Notes            
Debt Instrument            
Long-term debt   $ 700,000,000     $ 700,000,000  
Debt instrument, interest rate, stated percentage   1.30%     1.30%  
2023 Notes | Senior Notes            
Debt Instrument            
Debt instrument, repurchased face amount   $ 638,000,000     $ 638,000,000  
Repayments of long-term debt   642,000,000        
Interest expense, debt   4,000,000        
2023 Notes Floating Rate | Senior Notes            
Debt Instrument            
Repurchases senior notes   $ 18,000,000     $ 18,000,000  
Medium-Term Note | Secured Debt            
Debt Instrument            
Proceeds from new debt     $ 48,000,000 SFr 41    
2025 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 450,000,000   $ 450,000,000      
Debt instrument, interest rate, stated percentage 5.375%   5.375%      
2026 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 400,000,000   $ 400,000,000      
Debt instrument, interest rate, stated percentage 4.85%   4.85%      
2028 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 400,000,000   $ 400,000,000      
Debt instrument, interest rate, stated percentage 4.375%   4.375%      
2030 Notes | Senior Notes            
Debt Instrument            
Long-term debt $ 450,000,000   $ 450,000,000      
Debt instrument, interest rate, stated percentage 5.75%   5.75%