At December 31, 2022 and 2021, we had the following debt outstanding:


as of December 31 (in millions)	Effective interest rate in 2022¹		20221		20211
Commercial paper	4.8	%	$	299	$	300

2.4% notes due 2022	2.5	%	—		203
0.868% notes due 2023	1.1	%	799		797
Floating-rate notes due 2023	2.3	%	299		298
0.4% notes due 2024	0.9	%	799		846
1.322% notes due 2024	1.5	%	1,395		1,393
7.0% notes due 2024	7.0	%	13		13
Floating-rate notes due 2024	2.3	%	299		298
Term loan due 2024	3.0	%	1,664		1,998
1.3% notes due 2025	1.5	%	640		678

2.6% notes due 2026	2.7	%	748		747
Term loan due 2026	3.1	%	1,643		1,998
7.65% debentures due 2027	7.7	%	5		5
1.915% notes due 2027	2.1	%	1,443		1,441
6.625% debentures due 2028	5.7	%	96		96
2.272% notes due 2028	2.4	%	1,242		1,241
1.3% notes due 2029	1.5	%	792		841
3.95% notes due 2030	4.1	%	496		495
1.73% notes due 2031	2.7	%	645		644
2.539% notes due 2032	2.6	%	1,538		1,537
6.25% notes due 2037	6.3	%	265		265
3.65% notes due 2042	3.6	%	7		6
4.5% notes due 2043	4.6	%	256		256
3.5% notes due 2046	3.7	%	441		441
3.132% notes due 2051	3.2	%	742		742
Finance leases and other	9.4	%	70		81
Total debt			16,636		17,660
Short-term debt			(299)		(301)
Current maturities of long-term debt and finance lease obligations			(1,105)		(210)
Long-term debt and finance lease obligations			$	15,232	$	17,149