v3.25.1
DEBT (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Aggregate Principal Amount Related to the Notes The following table summarizes the Notes outstanding:
MaturitiesEffective Interest RateMarch 31,
2025		December 31,
2024
(in millions)
September 2019 debt issuance:
Fixed-rate 2.650% notes
10/1/20262.78%$1,250 $1,250 
Fixed-rate 2.850% notes
10/1/20292.96%1,500 1,500 
May 2020 debt issuance:
Fixed-rate 1.650% notes
6/1/20251.78%1,000 1,000 
Fixed-rate 2.300% notes
6/1/20302.39%1,000 1,000 
Fixed-rate 3.250% notes
6/1/20503.33%1,000 1,000 
May 2022 debt issuance:
Fixed-rate 3.900% notes
6/1/20274.06%500 500 
Fixed-rate 4.400% notes
6/1/20324.53%1,000 1,000 
Fixed-rate 5.050% notes
6/1/20525.14%1,000 1,000 
Fixed-rate 5.250% notes
6/1/20625.34%500 500 
June 2023 debt issuance(1):
¥30 billion fixed-rate 0.813% notes
6/9/20250.89%200 191 
¥23 billion fixed-rate 0.972% notes
6/9/20261.06%154 147 
¥37 billion fixed-rate 1.240% notes
6/9/20281.31%247 236 
May 2024 debt issuance:
Fixed-rate 5.150% notes
6/1/20345.35%850 850 
Fixed-rate 5.500% notes
6/1/20545.66%400 400 
March 2025 debt issuance:
Floating-rate notes
3/6/20285.19%450 — 
Fixed-rate 4.450% notes
3/6/20284.66%450 — 
Fixed-rate 5.100% notes
4/1/20355.20%600 — 
Total term debt$12,101 $10,574 
Unamortized premium (discount) and issuance costs, net(85)(78)
Less: current portion of term debt(2)
(1,200)(1,191)
Total carrying amount of term debt$10,816 $9,305 
(1) Principal amounts represent the U.S. dollar equivalent as of March 31, 2025 and December 31, 2024, respectively.
(2) The current portion of term debt is included within “accrued expenses and other current liabilities” on our condensed consolidated balance sheets.
Schedule of Future Principal Payments Associated with Long Term Debt
As of March 31, 2025, the future principal payments associated with our term debt were as follows (in millions):
Remaining 2025
$1,200 
20261,404 
2027500 
20281,147 
20291,500 
Thereafter6,350 
Total$12,101