As at

As at

March 31,

December 31,

2026

2025

Revolving credit and term loan borrowings

$

877

$

351

Term Credit Agreement

1,129

-

U.S. Unsecured Notes:

5.375% due January 1, 2026

-

459

5.65% due May 15, 2028

700

700

8.125% due September 15, 2030

300

300

7.20% due November 1, 2031

350

350

7.375% due November 1, 2031

500

500

6.25% due July 15, 2033

600

600

6.50% due August 15, 2034

599

599

6.625% due August 15, 2037

390

390

6.50% due February 1, 2038

430

430

5.15% due November 15, 2041

148

148

7.10% due July 15, 2053

400

400

Total Principal

6,423

5,227

Increase in Value of Debt Acquired

9

10

Unamortized Debt Discounts and Issuance Costs

(34

)

(35

)

Total Long-Term Debt

$

6,398

$

5,202

Current Portion

$

877

$

810

Long-Term Portion

5,521

4,392

$

6,398

$

5,202