Industrial development bond

No definition available.

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Represents the aggregate of total long-term debt, including current maturities and short-term debt.

+ References

No definition available.

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- Definition

Weighted average interest rate of debt outstanding.

+ References

No definition available.

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- Definition

Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

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- Definition

Fair value of the assets less the liabilities of a derivative or group of derivatives.

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- Definition

Including the current and noncurrent portions, carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Junior Subordinated Notes, which have a lower priority than senior instruments.

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- Definition

Amount of long-term debt and lease obligation, classified as noncurrent.

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Amount of long-term debt and lease obligation, classified as current.

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- Definition

Amount of long-term debt classified as other.

+ References

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- Definition

Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders.

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DEBT AND CREDIT AGREEMENTS - Schedule of Long-Term Debt (Details) € in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Aug. 01, 2024 USD ($)	Mar. 01, 2024 USD ($)	Mar. 01, 2024 EUR (€)
Debt Instrument [Line Items]
Debt issuance costs	$ (280)	$ (303)
Total Long-term debt and current related maturities	28,687	26,765
Less: Current maturities of long-term debt	1,546	1,325
Total Long-term debt	27,141	25,440
Fair value of hedging instruments \| Fair value of hedging instruments
Debt Instrument [Line Items]
Fair value of hedging instruments	(79)	(136)
1.35% notes due 2025
Debt Instrument [Line Items]
Senior notes	$ 0	1,250
Interest rate	1.35%
2.50% notes due 2026
Debt Instrument [Line Items]
Senior notes	$ 1,500	1,500
Interest rate	2.50%
1.10% notes due 2027
Debt Instrument [Line Items]
Senior notes	$ 1,000	1,000
Interest rate	1.10%
3.50% euro notes due 2027
Debt Instrument [Line Items]
Senior notes	$ 763	675
Interest rate	3.50%
4.65% notes due 2027
Debt Instrument [Line Items]
Senior notes	$ 1,150	1,150	$ 1,150
Interest rate	4.65%		4.65%
4.95% notes due 2028
Debt Instrument [Line Items]
Senior notes	$ 500	500
Interest rate	4.95%
2.25% euro notes due 2028
Debt Instrument [Line Items]
Senior notes	$ 881	779
Interest rate	2.25%
4.25% notes due 2029
Debt Instrument [Line Items]
Senior notes	$ 750	750
Interest rate	4.25%
2.70% notes due 2029
Debt Instrument [Line Items]
Senior notes	$ 750	750
Interest rate	2.70%
4.875% notes due 2029
Debt Instrument [Line Items]
Senior notes	$ 500	500		$ 500
Interest rate	4.875%			4.875%	4.875%
4.70% notes due 2030
Debt Instrument [Line Items]
Senior notes	$ 1,000	1,000	$ 1,000
Interest rate	4.70%		4.70%
3.375% euro notes due 2030
Debt Instrument [Line Items]
Senior notes	$ 881	779			€ 750
Interest rate	3.375%			3.375%	3.375%
1.95% notes due 2030
Debt Instrument [Line Items]
Senior notes	$ 949	1,000
Interest rate	1.95%
4.95% notes due 2031
Debt Instrument [Line Items]
Senior notes	$ 500	500		$ 500
Interest rate	4.95%			4.95%	4.95%
1.75% notes due 2031
Debt Instrument [Line Items]
Senior notes	$ 1,496	1,500
Interest rate	1.75%
4.75% notes due 2032
Debt Instrument [Line Items]
Senior notes	$ 650	650	$ 650
Interest rate	4.75%		4.75%
0.75% euro notes due 2032
Debt Instrument [Line Items]
Senior notes	$ 587	519
Interest rate	0.75%
3.75% euro notes due 2032
Debt Instrument [Line Items]
Senior notes	$ 587	519
Interest rate	3.75%
5.00% notes due 2033
Debt Instrument [Line Items]
Senior notes	$ 1,100	1,100
Interest rate	5.00%
4.50% notes due 2034
Debt Instrument [Line Items]
Senior notes	$ 1,000	1,000
Interest rate	4.50%
4.125% euro notes due 2034
Debt Instrument [Line Items]
Senior notes	$ 1,174	1,039
Interest rate	4.125%
5.00% notes due 2035
Debt Instrument [Line Items]
Senior notes	$ 1,450	1,450	$ 700	$ 750
Interest rate	5.00%		5.00%	5.00%	5.00%
3.75% euro notes due 2036
Debt Instrument [Line Items]
Senior notes	$ 881	779			€ 750
Interest rate	3.75%			3.75%	3.75%
5.70% notes due 2036
Debt Instrument [Line Items]
Senior notes	$ 441	441
Interest rate	5.70%
5.70% notes due 2037
Debt Instrument [Line Items]
Senior notes	$ 462	462
Interest rate	5.70%
5.375% notes due 2041
Debt Instrument [Line Items]
Senior notes	$ 417	417
Interest rate	5.375%
3.812% notes due 2047
Debt Instrument [Line Items]
Senior notes	$ 442	442
Interest rate	3.812%
2.80% notes due 2050
Debt Instrument [Line Items]
Senior notes	$ 701	750
Interest rate	2.80%
5.25% notes due 2054
Debt Instrument [Line Items]
Senior notes	$ 1,750	1,750		$ 1,750
Interest rate	5.25%			5.25%	5.25%
5.35% notes due 2064
Debt Instrument [Line Items]
Senior notes	$ 650	650		$ 650
Interest rate	5.35%			5.35%	5.35%
4.37% term loan due 2027
Debt Instrument [Line Items]
Senior notes	$ 1,000	1,000
Interest rate	4.37%
One month term SOFR plus 0.875% term loan due 2027
Debt Instrument [Line Items]
Senior notes	$ 2,750	0
Debt instrument, basis spread on variable rate	0.875%
6.625% debentures due 2028
Debt Instrument [Line Items]
Debentures	$ 201	201
Interest rate	6.625%
9.065% debentures due 2033
Debt Instrument [Line Items]
Debentures	$ 51	51
Interest rate	9.065%
Industrial development bond obligations, floating rate maturing at various dates through 2037
Debt Instrument [Line Items]
Industrial development bond obligations, floating rate maturing at various dates through 2037	$ 22	22
Other (including finance leases), 2.5% weighted average interest rate maturing at various dates through 2040
Debt Instrument [Line Items]
Other (including finance leases), 2.5% weighted average interest rate maturing at various dates through 2040	$ 110	$ 329
Debt, weighted average interest rate	2.50%