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A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 110 million, and $ 1 million in 2023, and 2022, respectively. Adjustments of the begin...
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 11...
us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 110 million, and $ 1 million in 2023, and 2022, respectively. Adjustments of the begin...
text
94
monetaryItemType
text: <entity> 94 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 11...
us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 110 million, and $ 1 million in 2023, and 2022, respectively. Adjustments of the begin...
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 110...
us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 110 million, and $ 1 million in 2023, and 2022, respectively. Adjustments of the begin...
text
380
monetaryItemType
text: <entity> 380 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance was recorded to adjust deferred tax assets to the amount that the Company believes is more likely than not to be realized. Valuation allowances had a net increase of $ 24 million in 2024, and a net decrease of $ 1...
us-gaap:DeferredTaxAssetsOperatingLossCarryforwards
Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any future periods. The total gross amount of accrued interest and penalties, before any ap...
text
111
monetaryItemType
text: <entity> 111 </entity> <entity type> monetaryItemType </entity type> <context> Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any fu...
us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any future periods. The total gross amount of accrued interest and penalties, before any ap...
text
122
monetaryItemType
text: <entity> 122 </entity> <entity type> monetaryItemType </entity type> <context> Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any fu...
us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any future periods. The total gross amount of accrued interest and penalties, before any ap...
text
94
monetaryItemType
text: <entity> 94 </entity> <entity type> monetaryItemType </entity type> <context> Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any fut...
us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any future periods. The total gross amount of accrued interest and penalties, before any ap...
text
45
monetaryItemType
text: <entity> 45 </entity> <entity type> monetaryItemType </entity type> <context> Of the total unrecognized tax benefits at December 31, 2024, 2023, and 2022, $ 111 million, $ 122 million and $ 94 million, respectively, represent the amount that, if recognized, would favorably affect the effective tax rate in any fut...
us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
50
percentItemType
text: <entity> 50 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
51
percentItemType
text: <entity> 51 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
49
percentItemType
text: <entity> 49 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
78
percentItemType
text: <entity> 78 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:ConcentrationRiskPercentage1
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
12
percentItemType
text: <entity> 12 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
88
percentItemType
text: <entity> 88 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
12
percentItemType
text: <entity> 12 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations
The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income. The target asset allocation for the U.K. plans, which comprise approximately 78 %...
text
88
percentItemType
text: <entity> 88 </entity> <entity type> percentItemType </entity type> <context> The target asset allocation for the U.S. plans is 50 % equities and equity alternatives and 50 % fixed income. At December 31, 2024, the actual allocation for the U.S. plans was 51 % equities and equity alternatives and 49 % fixed income...
us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations
The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed income. For the U.K. plans, the category ranges are 9 %- 15 % for equities and equit...
text
9
percentItemType
text: <entity> 9 </entity> <entity type> percentItemType </entity type> <context> The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed in...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed income. For the U.K. plans, the category ranges are 9 %- 15 % for equities and equit...
text
15
percentItemType
text: <entity> 15 </entity> <entity type> percentItemType </entity type> <context> The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed i...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed income. For the U.K. plans, the category ranges are 9 %- 15 % for equities and equit...
text
85
percentItemType
text: <entity> 85 </entity> <entity type> percentItemType </entity type> <context> The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed i...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed income. For the U.K. plans, the category ranges are 9 %- 15 % for equities and equit...
text
91
percentItemType
text: <entity> 91 </entity> <entity type> percentItemType </entity type> <context> The major categories of plan assets include equity securities, equity alternative investments, and fixed income securities. For the U.S. plans, the category ranges are 46 %- 54 % for both equities and equity alternatives, and for fixed i...
us-gaap:DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
, respectively, at December 31, 2024 and $ 4.7 billion and $ 4.2 billion, respectively, at December 31, 2023.
text
4.7
monetaryItemType
text: <entity> 4.7 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 4.7 billion and $ 4.2 billion, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
, respectively, at December 31, 2024 and $ 4.7 billion and $ 4.2 billion, respectively, at December 31, 2023.
text
4.2
monetaryItemType
text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 4.7 billion and $ 4.2 billion, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
The Company expects to contribute approximately $ 35 million to its non-qualified U.S. plans in 2025. The Company’s policy for funding its tax-qualified defined benefit retirement plans is to contribute amounts at least sufficient to meet the funding requirements set forth in the U.S., and applicable foreign law.
text
35
monetaryItemType
text: <entity> 35 </entity> <entity type> monetaryItemType </entity type> <context> The Company expects to contribute approximately $ 35 million to its non-qualified U.S. plans in 2025. The Company’s policy for funding its tax-qualified defined benefit retirement plans is to contribute amounts at least sufficient to me...
us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
In 2025, the Company is expected to be required to make contributions totaling $ 2 million to its U.S. qualified plans.
text
2
monetaryItemType
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> In 2025, the Company is expected to be required to make contributions totaling $ 2 million to its U.S. qualified plans. </context>
us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
, respectively, at December 31, 2024 and $ 427 million and $ 210 million, respectively, at December 31, 2023.
text
427
monetaryItemType
text: <entity> 427 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 427 million and $ 210 million, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
, respectively, at December 31, 2024 and $ 427 million and $ 210 million, respectively, at December 31, 2023.
text
210
monetaryItemType
text: <entity> 210 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 427 million and $ 210 million, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
, respectively, at December 31, 2024 and $ 1.3 billion and $ 1.0 billion, respectively, at December 31, 2023.
text
1.3
monetaryItemType
text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 1.3 billion and $ 1.0 billion, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
, respectively, at December 31, 2024 and $ 1.3 billion and $ 1.0 billion, respectively, at December 31, 2023.
text
1.0
monetaryItemType
text: <entity> 1.0 </entity> <entity type> monetaryItemType </entity type> <context> , respectively, at December 31, 2024 and $ 1.3 billion and $ 1.0 billion, respectively, at December 31, 2023. </context>
us-gaap:DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
Pension Scheme was merged into the MMC U.K. Pension Fund with a new segregated JLT section created. The Company made deficit contributions of $ 20 million to the JLT section in 2024 and is no t required to make any deficit contributions to the JLT section in
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> Pension Scheme was merged into the MMC U.K. Pension Fund with a new segregated JLT section created. The Company made deficit contributions of $ 20 million to the JLT section in 2024 and is no t required to make any deficit contributions...
us-gaap:DefinedBenefitPlanContributionsByEmployer
Pension Scheme was merged into the MMC U.K. Pension Fund with a new segregated JLT section created. The Company made deficit contributions of $ 20 million to the JLT section in 2024 and is no t required to make any deficit contributions to the JLT section in
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> Pension Scheme was merged into the MMC U.K. Pension Fund with a new segregated JLT section created. The Company made deficit contributions of $ 20 million to the JLT section in 2024 and is no t required to make any deficit contributions...
us-gaap:DefinedBenefitPlanContributionsByEmployer
For the MMC U.K. Pension Fund, excluding the JLT section, an agreement was reached with the trustee in the fourth quarter of 2022 based on the surplus funding position at December 31, 2021. In accordance with the agreement, no deficit funding is required at the earliest until 2026. The funding level will be re-assessed...
text
450
monetaryItemType
text: <entity> 450 </entity> <entity type> monetaryItemType </entity type> <context> For the MMC U.K. Pension Fund, excluding the JLT section, an agreement was reached with the trustee in the fourth quarter of 2022 based on the surplus funding position at December 31, 2021. In accordance with the agreement, no deficit ...
us-gaap:GuaranteeObligationsMaximumExposure
For the MMC U.K. Pension Fund, excluding the JLT section, an agreement was reached with the trustee in the fourth quarter of 2022 based on the surplus funding position at December 31, 2021. In accordance with the agreement, no deficit funding is required at the earliest until 2026. The funding level will be re-assessed...
text
566
monetaryItemType
text: <entity> 566 </entity> <entity type> monetaryItemType </entity type> <context> For the MMC U.K. Pension Fund, excluding the JLT section, an agreement was reached with the trustee in the fourth quarter of 2022 based on the surplus funding position at December 31, 2021. In accordance with the agreement, no deficit ...
us-gaap:GuaranteeObligationsMaximumExposure
The Company maintains certain defined contribution plans for its employees, including the Marsh & McLennan Companies 401(k) Savings & Investment Plan ("MMC 401(k) Plan") and the Marsh & McLennan Agency Savings and Investment Plan (collectively, the "401(k) Plans"), that are qualified under U.S. tax laws. For the 401(k)...
text
4
percentItemType
text: <entity> 4 </entity> <entity type> percentItemType </entity type> <context> The Company maintains certain defined contribution plans for its employees, including the Marsh & McLennan Companies 401(k) Savings & Investment Plan ("MMC 401(k) Plan") and the Marsh & McLennan Agency Savings and Investment Plan (collect...
us-gaap:DefinedContributionPlanEmployerMatchingContributionPercent
in 2024, $ 173 million in 2023 and $ 161 million in 2022. In addition, the Company has significant defined contribution plans in the U.K. Effective August 1, 2014, a newly formed defined contribution plan replaced the existing defined contribution and defined benefit plans with regard to future service. In addition, th...
text
173
monetaryItemType
text: <entity> 173 </entity> <entity type> monetaryItemType </entity type> <context> in 2024, $ 173 million in 2023 and $ 161 million in 2022. In addition, the Company has significant defined contribution plans in the U.K. Effective August 1, 2014, a newly formed defined contribution plan replaced the existing defined ...
us-gaap:DefinedContributionPlanCostRecognized
in 2024, $ 173 million in 2023 and $ 161 million in 2022. In addition, the Company has significant defined contribution plans in the U.K. Effective August 1, 2014, a newly formed defined contribution plan replaced the existing defined contribution and defined benefit plans with regard to future service. In addition, th...
text
161
monetaryItemType
text: <entity> 161 </entity> <entity type> monetaryItemType </entity type> <context> in 2024, $ 173 million in 2023 and $ 161 million in 2022. In addition, the Company has significant defined contribution plans in the U.K. Effective August 1, 2014, a newly formed defined contribution plan replaced the existing defined ...
us-gaap:DefinedContributionPlanCostRecognized
, $ 158 million and $ 140 million
text
158
monetaryItemType
text: <entity> 158 </entity> <entity type> monetaryItemType </entity type> <context> , $ 158 million and $ 140 million </context>
us-gaap:DefinedContributionPlanCostRecognized
, $ 158 million and $ 140 million
text
140
monetaryItemType
text: <entity> 140 </entity> <entity type> monetaryItemType </entity type> <context> , $ 158 million and $ 140 million </context>
us-gaap:DefinedContributionPlanCostRecognized
The types of awards permitted under the 2020 Plan include stock options, restricted stock units payable in Company common stock or cash, and other stock-based awards. Performance-based restricted stock units are referred to as performance stock units. The 2020 Plan contains a provision which, in the event of a change i...
text
20
sharesItemType
text: <entity> 20 </entity> <entity type> sharesItemType </entity type> <context> The types of awards permitted under the 2020 Plan include stock options, restricted stock units payable in Company common stock or cash, and other stock-based awards. Performance-based restricted stock units are referred to as performance...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
The types of awards permitted under the 2020 Plan include stock options, restricted stock units payable in Company common stock or cash, and other stock-based awards. Performance-based restricted stock units are referred to as performance stock units. The 2020 Plan contains a provision which, in the event of a change i...
text
12.5
sharesItemType
text: <entity> 12.5 </entity> <entity type> sharesItemType </entity type> <context> The types of awards permitted under the 2020 Plan include stock options, restricted stock units payable in Company common stock or cash, and other stock-based awards. Performance-based restricted stock units are referred to as performan...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
The Company currently grants non-qualified stock options under the 2020 Plan. The Compensation Committee determines when the options vest and may be exercised and under what terms the options are forfeited. Options are generally granted with an exercise price equal to the market value of the Company's common stock on t...
text
25
percentItemType
text: <entity> 25 </entity> <entity type> percentItemType </entity type> <context> The Company currently grants non-qualified stock options under the 2020 Plan. The Compensation Committee determines when the options vest and may be exercised and under what terms the options are forfeited. Options are generally granted ...
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
, $ 41.92 and $ 31.38 , respectively. The total intrinsic value of options exercised during the same periods was
text
41.92
perShareItemType
text: <entity> 41.92 </entity> <entity type> perShareItemType </entity type> <context> , $ 41.92 and $ 31.38 , respectively. The total intrinsic value of options exercised during the same periods was </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
, $ 41.92 and $ 31.38 , respectively. The total intrinsic value of options exercised during the same periods was
text
31.38
perShareItemType
text: <entity> 31.38 </entity> <entity type> perShareItemType </entity type> <context> , $ 41.92 and $ 31.38 , respectively. The total intrinsic value of options exercised during the same periods was </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
, $ 164 million and $ 56 million, respectively.
text
164
monetaryItemType
text: <entity> 164 </entity> <entity type> monetaryItemType </entity type> <context> , $ 164 million and $ 56 million, respectively. </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
, $ 164 million and $ 56 million, respectively.
text
56
monetaryItemType
text: <entity> 56 </entity> <entity type> monetaryItemType </entity type> <context> , $ 164 million and $ 56 million, respectively. </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
$ 36.7 million of unrecognized compensation cost related to the Company's option awards. The weighted-average period over which that cost is expected to be recognized is approximately 1.2 years. Cash received from the exercise of stock options in 2024, 2023 and 2022 was
text
36.7
monetaryItemType
text: <entity> 36.7 </entity> <entity type> monetaryItemType </entity type> <context> $ 36.7 million of unrecognized compensation cost related to the Company's option awards. The weighted-average period over which that cost is expected to be recognized is approximately 1.2 years. Cash received from the exercise of stoc...
us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
, $ 116 million and $ 50 million, respectively.
text
116
monetaryItemType
text: <entity> 116 </entity> <entity type> monetaryItemType </entity type> <context> , $ 116 million and $ 50 million, respectively. </context>
us-gaap:ProceedsFromStockOptionsExercised
, $ 116 million and $ 50 million, respectively.
text
50
monetaryItemType
text: <entity> 50 </entity> <entity type> monetaryItemType </entity type> <context> , $ 116 million and $ 50 million, respectively. </context>
us-gaap:ProceedsFromStockOptionsExercised
The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 2022 was $ 170.80 and $ 151.00 , respectively. The total fair value of the shares distribut...
text
165.05
perShareItemType
text: <entity> 165.05 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 202...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 2022 was $ 170.80 and $ 151.00 , respectively. The total fair value of the shares distribut...
text
152.34
perShareItemType
text: <entity> 152.34 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 202...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 2022 was $ 170.80 and $ 151.00 , respectively. The total fair value of the shares distribut...
text
170.80
perShareItemType
text: <entity> 170.80 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 202...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 2022 was $ 170.80 and $ 151.00 , respectively. The total fair value of the shares distribut...
text
151.00
perShareItemType
text: <entity> 151.00 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of the Company's RSU awards granted in 2023 and 2022 was $ 165.05 and $ 152.34 , respectively. The weighted-average grant-date fair value of the Company's PSU awards granted in 2023 and 202...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
In May 1999, the Company's stockholders approved an employee stock purchase plan (the "1999 Plan") to replace the 1994 Employee Stock Purchase Plan (the "1994 Plan"), which terminated on September 30, 1999, following its fifth annual offering. In accordance with the current terms of the 1999 Plan, shares are purchased ...
text
95
percentItemType
text: <entity> 95 </entity> <entity type> percentItemType </entity type> <context> In May 1999, the Company's stockholders approved an employee stock purchase plan (the "1999 Plan") to replace the 1994 Employee Stock Purchase Plan (the "1994 Plan"), which terminated on September 30, 1999, following its fifth annual off...
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
In May 1999, the Company's stockholders approved an employee stock purchase plan (the "1999 Plan") to replace the 1994 Employee Stock Purchase Plan (the "1994 Plan"), which terminated on September 30, 1999, following its fifth annual offering. In accordance with the current terms of the 1999 Plan, shares are purchased ...
text
4750000
sharesItemType
text: <entity> 4750000 </entity> <entity type> sharesItemType </entity type> <context> In May 1999, the Company's stockholders approved an employee stock purchase plan (the "1999 Plan") to replace the 1994 Employee Stock Purchase Plan (the "1994 Plan"), which terminated on September 30, 1999, following its fifth annual...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
shares in 2024 and at December 31, 2024, 3,547,195 shares were available for issuance for the 1999 Plan.
text
3547195
sharesItemType
text: <entity> 3547195 </entity> <entity type> sharesItemType </entity type> <context> shares in 2024 and at December 31, 2024, 3,547,195 shares were available for issuance for the 1999 Plan. </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
The Company has investments in certain private equity funds as well as in public and private companies that are accounted for using the equity method of accounting. The carrying value of these investments was $ 257 million and $ 266 million at December 31, 2024 and 2023, respectively.
text
257
monetaryItemType
text: <entity> 257 </entity> <entity type> monetaryItemType </entity type> <context> The Company has investments in certain private equity funds as well as in public and private companies that are accounted for using the equity method of accounting. The carrying value of these investments was $ 257 million and $ 266 mi...
us-gaap:EquityMethodInvestments
The Company has investments in certain private equity funds as well as in public and private companies that are accounted for using the equity method of accounting. The carrying value of these investments was $ 257 million and $ 266 million at December 31, 2024 and 2023, respectively.
text
266
monetaryItemType
text: <entity> 266 </entity> <entity type> monetaryItemType </entity type> <context> The Company has investments in certain private equity funds as well as in public and private companies that are accounted for using the equity method of accounting. The carrying value of these investments was $ 257 million and $ 266 mi...
us-gaap:EquityMethodInvestments
The Company's investments in private equity funds were $ 182 million and $ 203 million at December 31, 2024 and 2023, respectively. The carrying values of these private equity investments approximates fair value. The underlying private equity funds follow investment company accounting, where investments within the fund...
text
182
monetaryItemType
text: <entity> 182 </entity> <entity type> monetaryItemType </entity type> <context> The Company's investments in private equity funds were $ 182 million and $ 203 million at December 31, 2024 and 2023, respectively. The carrying values of these private equity investments approximates fair value. The underlying private...
us-gaap:EquityMethodInvestments
The Company's investments in private equity funds were $ 182 million and $ 203 million at December 31, 2024 and 2023, respectively. The carrying values of these private equity investments approximates fair value. The underlying private equity funds follow investment company accounting, where investments within the fund...
text
203
monetaryItemType
text: <entity> 203 </entity> <entity type> monetaryItemType </entity type> <context> The Company's investments in private equity funds were $ 182 million and $ 203 million at December 31, 2024 and 2023, respectively. The carrying values of these private equity investments approximates fair value. The underlying private...
us-gaap:EquityMethodInvestments
$ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively.
text
4
monetaryItemType
text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> $ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively. </context>
us-gaap:IncomeLossFromEquityMethodInvestments
$ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively.
text
7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> $ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively. </context>
us-gaap:IncomeLossFromEquityMethodInvestments
$ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively.
text
18
monetaryItemType
text: <entity> 18 </entity> <entity type> monetaryItemType </entity type> <context> $ 4 million, $ 7 million and $ 18 million in 2024, 2023 and 2022, respectively. </context>
us-gaap:IncomeLossFromEquityMethodInvestments
The Company has investments in private insurance brokerage and consulting companies with a carrying value of $ 75 million and $ 63 million at December 31, 2024 and 2023, respectively. These investments are accounted for using the equity method of accounting, the results of which are included in revenue in the consolida...
text
75
monetaryItemType
text: <entity> 75 </entity> <entity type> monetaryItemType </entity type> <context> The Company has investments in private insurance brokerage and consulting companies with a carrying value of $ 75 million and $ 63 million at December 31, 2024 and 2023, respectively. These investments are accounted for using the equity...
us-gaap:EquityMethodInvestments
The Company has investments in private insurance brokerage and consulting companies with a carrying value of $ 75 million and $ 63 million at December 31, 2024 and 2023, respectively. These investments are accounted for using the equity method of accounting, the results of which are included in revenue in the consolida...
text
63
monetaryItemType
text: <entity> 63 </entity> <entity type> monetaryItemType </entity type> <context> The Company has investments in private insurance brokerage and consulting companies with a carrying value of $ 75 million and $ 63 million at December 31, 2024 and 2023, respectively. These investments are accounted for using the equity...
us-gaap:EquityMethodInvestments
The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 million, a mark-to-market loss of
text
19
monetaryItemType
text: <entity> 19 </entity> <entity type> monetaryItemType </entity type> <context> The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 mi...
us-gaap:EquitySecuritiesFvNi
The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 million, a mark-to-market loss of
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 mi...
us-gaap:EquitySecuritiesFvNi
The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 million, a mark-to-market loss of
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> The Company held certain equity investments with readily determinable market values at December 31, 2024 and 2023, of $ 19 million and $ 16 million, respectively. The Company recorded a mark-to-market gain on these investments of $ 1 mil...
us-gaap:EquitySecuritiesFvNiGainLoss
$ 1 million and mark-to-market gains of $ 11 million in
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> $ 1 million and mark-to-market gains of $ 11 million in </context>
us-gaap:EquitySecuritiesFvNiGainLoss
$ 1 million and mark-to-market gains of $ 11 million in
text
11
monetaryItemType
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> $ 1 million and mark-to-market gains of $ 11 million in </context>
us-gaap:EquitySecuritiesFvNiGainLoss
and $ 20 million at December 31, 2024 and 2023, respectively.
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> and $ 20 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
In 2023, the Company recorded a net loss of $ 1 million on these investments.
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> In 2023, the Company recorded a net loss of $ 1 million on these investments. </context>
us-gaap:EquitySecuritiesFvNiGainLoss
in a unit trust fund acquired in the current year. In 2024, the Company recorded mark-to-market gains from this investment of $ 7 million.
text
7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> in a unit trust fund acquired in the current year. In 2024, the Company recorded mark-to-market gains from this investment of $ 7 million. </context>
us-gaap:GainLossOnInvestments
The Company has investments in various subsidiaries with Euro functional currencies. As a result, the Company is exposed to the risk of fluctuations between the Euro and U.S. dollar exchange rates. As part of its risk management program, the Company designated its € 1.1 billion senior note debt instruments ("Euro notes...
text
1.1
monetaryItemType
text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> The Company has investments in various subsidiaries with Euro functional currencies. As a result, the Company is exposed to the risk of fluctuations between the Euro and U.S. dollar exchange rates. As part of its risk management progra...
us-gaap:DerivativeNotionalAmount
otes decreased by $ 75 million in
text
75
monetaryItemType
text: <entity> 75 </entity> <entity type> monetaryItemType </entity type> <context> otes decreased by $ 75 million in </context>
us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
and 2023, the Company determined that a total of $ 15 million and $ 27 million, respectively, of the ROU assets were impaired and recorded a charge to the consolidated statements of income with an offsetting reduction to the ROU assets.
text
15
monetaryItemType
text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> and 2023, the Company determined that a total of $ 15 million and $ 27 million, respectively, of the ROU assets were impaired and recorded a charge to the consolidated statements of income with an offsetting reduction to the ROU assets....
us-gaap:OperatingLeaseImpairmentLoss
and 2023, the Company determined that a total of $ 15 million and $ 27 million, respectively, of the ROU assets were impaired and recorded a charge to the consolidated statements of income with an offsetting reduction to the ROU assets.
text
27
monetaryItemType
text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> and 2023, the Company determined that a total of $ 15 million and $ 27 million, respectively, of the ROU assets were impaired and recorded a charge to the consolidated statements of income with an offsetting reduction to the ROU assets....
us-gaap:OperatingLeaseImpairmentLoss
At December 31, 2024, the Company did no t have any additional operating real estate leases that had not yet com
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the Company did no t have any additional operating real estate leases that had not yet com </context>
us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
In November 2023, the Company increased its short-term commercial paper financing program (the "Program") to $ 3.5 billion from $ 2.8 billion. The Company did not have any commercial paper outstanding at December 31, 2024 and 2023.
text
3.5
monetaryItemType
text: <entity> 3.5 </entity> <entity type> monetaryItemType </entity type> <context> In November 2023, the Company increased its short-term commercial paper financing program (the "Program") to $ 3.5 billion from $ 2.8 billion. The Company did not have any commercial paper outstanding at December 31, 2024 and 2023. </c...
us-gaap:ShortTermBorrowings
In November 2023, the Company increased its short-term commercial paper financing program (the "Program") to $ 3.5 billion from $ 2.8 billion. The Company did not have any commercial paper outstanding at December 31, 2024 and 2023.
text
2.8
monetaryItemType
text: <entity> 2.8 </entity> <entity type> monetaryItemType </entity type> <context> In November 2023, the Company increased its short-term commercial paper financing program (the "Program") to $ 3.5 billion from $ 2.8 billion. The Company did not have any commercial paper outstanding at December 31, 2024 and 2023. </c...
us-gaap:ShortTermBorrowings
In October 2023, the Company increased its multi-currency unsecured five-year revolving credit facility (the "Credit Facility") capacity to $ 3.5 billion from $ 2.8 billion and extended the expiration to October 2028. The interest rate on the Credit Facility was initially based on LIBOR plus a fixed margin which varied...
text
3.5
monetaryItemType
text: <entity> 3.5 </entity> <entity type> monetaryItemType </entity type> <context> In October 2023, the Company increased its multi-currency unsecured five-year revolving credit facility (the "Credit Facility") capacity to $ 3.5 billion from $ 2.8 billion and extended the expiration to October 2028. The interest rate...
us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
In October 2023, the Company increased its multi-currency unsecured five-year revolving credit facility (the "Credit Facility") capacity to $ 3.5 billion from $ 2.8 billion and extended the expiration to October 2028. The interest rate on the Credit Facility was initially based on LIBOR plus a fixed margin which varied...
text
2.8
monetaryItemType
text: <entity> 2.8 </entity> <entity type> monetaryItemType </entity type> <context> In October 2023, the Company increased its multi-currency unsecured five-year revolving credit facility (the "Credit Facility") capacity to $ 3.5 billion from $ 2.8 billion and extended the expiration to October 2028. The interest rate...
us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
In October 2023, the Company terminated its one-year uncommitted revolving credit facility (the "Uncommitted Credit Facility"). There were no borrowings outstanding under the Uncommitted Credit Facility at
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> In October 2023, the Company terminated its one-year uncommitted revolving credit facility (the "Uncommitted Credit Facility"). There were no borrowings outstanding under the Uncommitted Credit Facility at </context>
us-gaap:LineOfCredit
The Company also maintains other credit and overdraft facilities with various financial institutions aggregating $ 123 million at December 31, 2024 and $ 113 million at December 31, 2023.
text
123
monetaryItemType
text: <entity> 123 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains other credit and overdraft facilities with various financial institutions aggregating $ 123 million at December 31, 2024 and $ 113 million at December 31, 2023. </context>
us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount
The Company also maintains other credit and overdraft facilities with various financial institutions aggregating $ 123 million at December 31, 2024 and $ 113 million at December 31, 2023.
text
113
monetaryItemType
text: <entity> 113 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains other credit and overdraft facilities with various financial institutions aggregating $ 123 million at December 31, 2024 and $ 113 million at December 31, 2023. </context>
us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount
The Company has outstanding guarantees and letters of credit with various banks aggregating $ 163 million and $ 139 million at December 31, 2024 and 2023, respectively.
text
163
monetaryItemType
text: <entity> 163 </entity> <entity type> monetaryItemType </entity type> <context> The Company has outstanding guarantees and letters of credit with various banks aggregating $ 163 million and $ 139 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:LettersOfCreditOutstandingAmount
The Company has outstanding guarantees and letters of credit with various banks aggregating $ 163 million and $ 139 million at December 31, 2024 and 2023, respectively.
text
139
monetaryItemType
text: <entity> 139 </entity> <entity type> monetaryItemType </entity type> <context> The Company has outstanding guarantees and letters of credit with various banks aggregating $ 163 million and $ 139 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:LettersOfCreditOutstandingAmount
In November 2024, the Company issued $ 7.25 billion in senior notes as follows:
text
7.25
monetaryItemType
text: <entity> 7.25 </entity> <entity type> monetaryItemType </entity type> <context> In November 2024, the Company issued $ 7.25 billion in senior notes as follows: </context>
us-gaap:DebtInstrumentFaceAmount
$ 950 million 4.550 % senior notes due 2027;
text
950
monetaryItemType
text: <entity> 950 </entity> <entity type> monetaryItemType </entity type> <context> $ 950 million 4.550 % senior notes due 2027; </context>
us-gaap:DebtInstrumentFaceAmount
$ 950 million 4.550 % senior notes due 2027;
text
4.550
percentItemType
text: <entity> 4.550 </entity> <entity type> percentItemType </entity type> <context> $ 950 million 4.550 % senior notes due 2027; </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 1 billion 4.650 % senior notes due 2030;
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> $ 1 billion 4.650 % senior notes due 2030; </context>
us-gaap:DebtInstrumentFaceAmount
$ 1 billion 4.650 % senior notes due 2030;
text
4.650
percentItemType
text: <entity> 4.650 </entity> <entity type> percentItemType </entity type> <context> $ 1 billion 4.650 % senior notes due 2030; </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 1 billion 4.850 % senior notes due 2031;
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> $ 1 billion 4.850 % senior notes due 2031; </context>
us-gaap:DebtInstrumentFaceAmount
$ 1 billion 4.850 % senior notes due 2031;
text
4.850
percentItemType
text: <entity> 4.850 </entity> <entity type> percentItemType </entity type> <context> $ 1 billion 4.850 % senior notes due 2031; </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 2 billion 5.000 % senior notes due 2035;
text
2
monetaryItemType
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> $ 2 billion 5.000 % senior notes due 2035; </context>
us-gaap:DebtInstrumentFaceAmount
$ 2 billion 5.000 % senior notes due 2035;
text
5.000
percentItemType
text: <entity> 5.000 </entity> <entity type> percentItemType </entity type> <context> $ 2 billion 5.000 % senior notes due 2035; </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 500 million 5.350 % senior notes due 2044;
text
500
monetaryItemType
text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> $ 500 million 5.350 % senior notes due 2044; </context>
us-gaap:DebtInstrumentFaceAmount
$ 500 million 5.350 % senior notes due 2044;
text
5.350
percentItemType
text: <entity> 5.350 </entity> <entity type> percentItemType </entity type> <context> $ 500 million 5.350 % senior notes due 2044; </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 1.5 billion 5.400 % senior notes due 2055; and
text
1.5
monetaryItemType
text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> $ 1.5 billion 5.400 % senior notes due 2055; and </context>
us-gaap:DebtInstrumentFaceAmount
$ 1.5 billion 5.400 % senior notes due 2055; and
text
5.400
percentItemType
text: <entity> 5.400 </entity> <entity type> percentItemType </entity type> <context> $ 1.5 billion 5.400 % senior notes due 2055; and </context>
us-gaap:DebtInstrumentInterestRateStatedPercentage
$ 300 million floating rate senior notes due 2027 (the "Floating Notes"),
text
300
monetaryItemType
text: <entity> 300 </entity> <entity type> monetaryItemType </entity type> <context> $ 300 million floating rate senior notes due 2027 (the "Floating Notes"), </context>
us-gaap:DebtInstrumentFaceAmount
For the Floating Notes, interest is calculated based on a compounded SOFR benchmark rate plus 0.700 %.
text
0.700
percentItemType
text: <entity> 0.700 </entity> <entity type> percentItemType </entity type> <context> For the Floating Notes, interest is calculated based on a compounded SOFR benchmark rate plus 0.700 %. </context>
us-gaap:DebtInstrumentBasisSpreadOnVariableRate1