Schedule of Long-Term Borrowings |
| | | | | | | | | Borrowings Composition | As of | | March 31, 2025 | December 31, 2024 | 5.600% senior notes due November 15, 2025 | $ | 1,500 | | $ | 1,500 | | 5.650% senior notes due November 15, 2027 | 1,750 | | 1,750 | | 4.800% senior notes due August 14, 2029 | 1,000 | | 1,000 | | 5.857% senior notes due March 15, 2030 | 1,250 | | 1,250 | | 5.905% senior notes due November 22, 2032 | 1,750 | | 1,750 | | 6.377% senior notes due November 22, 2052 | 1,000 | | 1,000 | | Floating rate Term Loan Facility due January 2, 2026 | 500 | | 750 | | Other | 30 | | 36 | | Total principal debt issued | 8,780 | | 9,036 | | Less: Unamortized debt issuance costs and discounts | 30 | | 33 | | Add: Cumulative basis adjustment for fair value hedges | 9 | | (51) | | Total borrowings | 8,759 | | 8,951 | | Less: Short-term borrowings(1) | 2,002 | | 1,502 | | Long-term borrowings | $ | 6,757 | | $ | 7,449 | |
(1) Short-term borrowings as of March 31, 2025 and December 31, 2024 includes $2,000 million and $1,500 million, respectively, related to the current portion of our long-term borrowings, net of unamortized debt issuance costs and discounts.
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