Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt at each of the balance sheet periods consisted of the following Senior Notes:


($ in millions)						June 30, 2025				June 30, 2024			December 31, 2024
Principal Amount		Interest Rate		Issuance Date	Maturity Date	Carrying Value		Fair Value			Carrying Value		Fair Value		Carrying Value		Fair Value
$	500	2.45	%	August 2016	2027	$	499	$	488		$	499	$	469	$	499	$	479
500		2.50		March 2022	2027	499		487			498		468		499		479
300		6 5/8		March 1999	2029	298		324			298		321		298		320
550		4.00		October 2018	2029	548		547			547		527		547		534
500		3.20		March 2020	2030	498		477			497		455		498		462
500		3.00		March 2022	2032	497		456			497		434		497		439
400		6.25		November 2002	2032	397		438			397		428		397		430
500		4.95		May 2023	2033	497		511			497		495		497		495
350		4.35		April 2014	2044	347		299			347		301		347		298
400		3.70		January 2015	2045	396		310			396		310		396		308
850		4.125		April 2017	2047	843		699			842		699		842		684
600		4.20		March 2018	2048	591		493			591		494		591		490
500		3.95		March 2020	2050	491		392			491		392		491		386
500		3.70		March 2022	2052	494		373			494		373		494		369
Total						$	6,895	$	6,294		$	6,891	$	6,166	$	6,893	$	6,173

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details