v3.25.4
Debt - Schedule of Long-Term Debt (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Long-Term Debt    
Weighted average interest rate (as a percent) 4.69% 4.76%
Total debt [1] $ 21,902 $ 20,604
Less: unamortized debt issuance costs (557) (528)
Total debt, net of unamortized debt issuance costs 21,345 20,076
Less—current portion (3,180) (1,603)
Long-term portion 18,165 18,473
Fixed rate debt:    
Long-Term Debt    
Long-term debt $ 19,221 17,708
Unsecured senior notes    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 5.56%  
Long-term debt $ 11,197 9,699
Unsecured term loans    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 3.32%  
Long-term debt $ 8,024 7,687
Convertible notes    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 0.00%  
Long-term debt $ 0 322
Total variable rate debt    
Long-Term Debt    
Long-term debt $ 2,522 2,779
Unsecured revolving credit facilities    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 0.00%  
Long-term debt [3] $ 0 340
Unsecured revolving credit facilities | Unsecured Revolving Credit Facility Due 2024    
Long-Term Debt    
Margin on floating rate base (as a percent) 1.10%  
Long term debt, facility fee (as a percent) 0.15%  
USD unsecured term loans    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 5.36%  
Long-term debt $ 2,328 2,227
Euro unsecured term loans    
Long-Term Debt    
Weighted average interest rate (as a percent) [2] 3.46%  
Long-term debt $ 194 212
Finance lease liabilities    
Long-Term Debt    
Long-term debt $ 159 $ 117
Maximum | Unsecured revolving credit facilities | Unsecured Revolving Credit Facility Due 2024    
Long-Term Debt    
Interest rate 4.79%  
[1] At December 31, 2025 and 2024, the weighted average interest rate for total debt was 4.69% and 4.76%, respectively.
[2] Weighted average interest rates are based on outstanding loan balance as of December 31, 2025, and for variable rate debt include either EURIBOR or Term SOFR plus the applicable margin.
[3] Advances under our unsecured revolving credit facilities accrue interest at Term SOFR plus an interest rate margin of 1.10% as of December 31, 2025. Based on applicable Term SOFR rates, as of December 31, 2025, the interest rate under the unsecured credit facilities was 4.79%. We also pay a facility fee of 0.15% of the total commitments under such facility.