v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Notes Payable, Capital Leases and Long-Term Debt The carrying value of our credit facilities, finance leases and long-term debt as of June 30, 2026 and December 31, 2025 is listed in the following table, and is adjusted for unamortized discounts, deferred issuance costs and the unamortized portion of adjustments to fair value recorded in purchase accounting. Original issue discounts and adjustments to fair value recorded in purchase accounting are amortized to interest expense over the term of the applicable instrument using the effective interest method.
June 30, 2026December 31, 2025
MaturityInterest RatePrincipalAdjustmentsCarrying ValuePrincipalAdjustmentsCarrying Value
Credit facilities:
Uncommitted Credit Facility
Variable$72 $— $72 $— $— $— 
The Credit FacilityVariable182 — 182 425 — 425 
Commercial PaperVariable420 — 420 1,000 (1)999 
Senior notes:
July 20262.900500 — 500 500 — 500 
November 20273.375650 (1)649 650 (1)649 
May 20283.950800 (4)796 800 (5)795 
April 20294.875750 (4)746 750 (5)745 
November 20295.000400 (3)397 400 (3)397 
March 20302.300600 (3)597 600 (3)597 
July 20304.750500 (5)495 500 (5)495 
February 20311.450650 (4)646 650 (5)645 
July 20314.750700 (6)694 — — — 
February 20321.750750 (4)746 750 (4)746 
March 20332.375700 (5)695 700 (5)695 
December 20335.000650 (7)643 650 (8)642 
April 20345.000800 (9)791 800 (9)791 
November 20345.200500 (5)495 500 (5)495 
March 20356.086182 (9)173 182 (10)172 
March 20355.150700 (10)690 700 (10)690 
July 20365.000500 (9)491 — — — 
March 20406.200400 (3)397 400 (3)397 
May 20415.700386 (4)382 386 (5)381 
March 20503.050400 (6)394 400 (7)393 
Debentures:
September 20357.400148 (25)123 148 (26)122 
Tax-exempt:
2026 - 2056
2.550 - 4.375
1,422 (10)1,412 1,378 (9)1,369 
Finance leases and other:
2026 - 2063
1.726 - 9.750
443 — 443 441 — 441 
Total Debt$14,205 $(136)14,069 $13,710 $(129)13,581 
Less: current portion(548)(596)
Long-term portion$13,521 $12,985