v3.25.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
Our debt consists of the following:
AtAt
June 30, 2025December 31, 2024
4.0% Senior Notes due 2026
$346 $346 
3.70% Senior Notes due 2026
86 86 
2.90% Senior Notes due 2027
582 582 
3.375% Senior Notes due 2028
498 498 
3.70% Senior Notes due 2028
497 496 
4.20% Senior Notes due 2029
497 496 
7.875% Senior Debentures due 2030
829 829 
4.95% Senior Notes due 2031
1,233 1,232 
4.20% Senior Notes due 2032
981 980 
5.50% Senior Debentures due 2033
428 428 
4.85% Senior Debentures due 2034
87 87 
6.875% Senior Debentures due 2036
1,073 1,072 
6.75% Senior Debentures due 2037
76 76 
5.90% Senior Notes due 2040
298 298 
4.50% Senior Debentures due 2042
45 45 
4.85% Senior Notes due 2042
490 490 
4.375% Senior Debentures due 2043
1,151 1,146 
4.875% Senior Debentures due 2043
18 18 
5.85% Senior Debentures due 2043
1,235 1,235 
5.25% Senior Debentures due 2044
345 345 
4.90% Senior Notes due 2044
542 542 
4.60% Senior Notes due 2045
591 591 
4.95% Senior Notes due 2050
951 950 
6.25% Junior Subordinated Debentures due 2057
644 644 
6.375% Junior Subordinated Debentures due 2062
990 989 
Obligations under finance leases— 
Total debt (a)
14,514 14,501 
Less current portion 346 — 
Total long-term debt, net of current portion$14,168 $14,501 
(a) At June 30, 2025 and December 31, 2024, the senior and junior debt balances included (i) a net unamortized discount of $391 million and $401 million, respectively, and (ii) unamortized deferred financing costs of $72 million and $74 million, respectively. The face value of our total debt was $14.98 billion at both June 30, 2025 and December 31, 2024.