v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Outstanding Debt
The following table summarizes the carrying value of our outstanding debt as of the dates indicated (in millions, except percentages):
 Coupon Rate
June 30, 2025
Effective Interest Rate
December 31, 2024
Effective Interest Rate
Long-Term Debt
Senior Notes:
Senior notes due 20251.900 %$— — %$800 1.803 %
Senior notes due 20255.900 %425 6.036 %425 6.036 %
Senior notes due 20261.400 %750 1.252 %750 1.252 %
Senior notes due 20273.600 %850 3.689 %850 3.689 %
Senior notes due 20275.950 %300 6.064 %300 6.064 %
Senior notes due 20302.700 %950 2.623 %950 2.623 %
Senior notes due 20312.600 %750 2.186 %750 2.186 %
Senior notes due 20326.300 %425 6.371 %425 6.371 %
Senior notes due 20424.000 %750 4.114 %750 4.114 %
Senior notes due 20513.650 %1,000 2.517 %1,000 2.517 %
Total senior notes6,200 7,000 
Unamortized discount and debt issuance costs
(23)(23)
Less: Current portion of long-term debt(1,175)(1,225)
Total long-term debt5,002 5,752 
Short-Term Debt
Current portion of long-term debt1,175 1,225 
Commercial paper575 450 
Unamortized discount and debt issuance costs
(4)(2)
Total short-term debt1,746 1,673 
Total Debt$6,748 $7,425