Debt carrying amounts, net of related discounts, premiums and debt issuance costs, were as follows: | | | | | | | | | | | | | | | | | As of
June 30, 2025 | | As of
December 31, 2024 | 2.900% senior notes due June 1, 2030 | | $ | 597 | | | $ | 597 | | 3.200% senior notes due October 1, 2026 | | 499 | | | 499 | | 3.900% senior notes due June 1, 2050 | | 391 | | | 391 | | 6.625% senior notes due April 15, 2037 | | 253 | | | 253 | | | Revolving credit agreement | | — | | | — | | | Other long-term borrowings | | 1 | | | 47 | | | Total long-term debt | | 1,741 | | | 1,787 | | | Commercial paper | | — | | | — | | | Other short-term borrowings | | 46 | | | 44 | | | Total short-term borrowings | | 46 | | | 44 | | | Total debt | | $ | 1,787 | | | $ | 1,831 | |
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