
	September 30, 2026		December 31, 2025

Accounts receivable securitization facility expiring 2027 (1) (2)	$	1,473	$	1,459

$4.5 billion ABL facility expiring 2030 (1)	2,033		1,645

Term loan facility expiring 2031 (1)	969		975

3 7/8 percent Senior Secured Notes due 2027	749		748
4 7/8 percent Senior Notes due 2028 (3)	1,670		1,669
6 percent Senior Secured Notes due 2029	1,493		1,492
5 1/4 percent Senior Notes due 2030	747		747
4 percent Senior Notes due 2030	747		746
3 7/8 percent Senior Notes due 2031	1,095		1,094
3 3/4 percent Senior Notes due 2032	746		746
5 3/8 percent Senior Notes due 2033	1,487		1,486
6 1/8 percent Senior Notes due 2034	1,092		1,091
Finance leases	370		331




Total debt	14,671		14,229
Less short-term portion (4)	(1,607)		(1,577)
Total long-term debt	$	13,064	$	12,652

(1)The table below presents financial information associated with our variable rate indebtedness as of and for the nine months ended September 30, 2026. We have borrowed the full available amount under the term loan facility. The principal obligation under the term loan facility is required to be repaid in quarterly installments in an aggregate amount equal to 1.0 percent per annum, with the balance due at the maturity of the facility. The average amount of debt outstanding under the term loan facility decreases slightly each quarter due to the requirement to repay a portion of the principal obligation.



	ABL facility			Accounts receivable securitization facility			Term loan facility
Borrowing capacity, net of letters of credit	$	2,436		$	26		$	—
Letters of credit	21
Interest rate at September 30, 2026	4.9		%	4.8		%	5.4		%
Average month-end principal amount of debt outstanding	1,546			1,472			979
Weighted-average interest rate on average debt outstanding	4.7		%	4.7		%	5.2		%
Maximum month-end principal amount of debt outstanding	2,043			1,500			983

(2)In June 2026, the accounts receivable securitization facility was amended, primarily to extend the maturity date to June 18, 2027. The facility may be extended on a 364-day basis by mutual agreement with the purchasers under the facility. Borrowings under the accounts receivable securitization facility are permitted only to the extent that the face amount of the receivables in the collateral pool, net of applicable reserves and other deductions, exceeds the outstanding loans. As of September 30, 2026, there were $1.973 billion of receivables, net of applicable reserves and other deductions, in the collateral pool.

(3)URNA separately issued 4 7/8 percent Senior Notes in August 2017 and in September 2017. Following the issuances, URNA consummated an exchange offer pursuant to which most of the 4 7/8 percent Senior Notes issued in September 2017 were exchanged for additional notes fungible with the 4 7/8 percent Senior Notes issued in August 2017. As of September 30, 2026, the total above is comprised of two separate 4 7/8 percent Senior Notes, one with a book value of $1.666 billion and one with a book value of $4.