v3.25.1
BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Borrowings
Borrowings CompositionAs of
March 31, 2025December 31, 2024
5.600% senior notes due November 15, 2025
$1,500 $1,500 
5.650% senior notes due November 15, 2027
1,750 1,750 
4.800% senior notes due August 14, 2029
1,000 1,000 
5.857% senior notes due March 15, 2030
1,250 1,250 
5.905% senior notes due November 22, 2032
1,750 1,750 
6.377% senior notes due November 22, 2052
1,000 1,000 
Floating rate Term Loan Facility due January 2, 2026
500 750 
Other30 36 
Total principal debt issued8,780 9,036 
Less: Unamortized debt issuance costs and discounts30 33 
Add: Cumulative basis adjustment for fair value hedges
(51)
Total borrowings8,759 8,951 
Less: Short-term borrowings(1)
2,002 1,502 
Long-term borrowings
$6,757 $7,449 
(1) Short-term borrowings as of March 31, 2025 and December 31, 2024 includes $2,000 million and $1,500 million, respectively, related to the current portion of our long-term borrowings, net of unamortized debt issuance costs and discounts.