Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt Obligations

The face value of our total long-term debt obligations is as follows (in millions):

	December 31,
	2015			2016
1.20% Notes due on November 29, 2017 (1)	1,000			1,000
2.60% Notes due on December 5, 2019 (2)	1,000			1,000
3.30% Notes due on December 5, 2021 (2)	1,000			1,000
2.50% Notes due on November 29, 2022 (1)	1,250			1,250
3.80% Notes due on December 5, 2024 (2)	1,250			1,250
4.80% Notes due on December 5, 2034 (2)	1,250			1,250
4.95% Notes due on December 5, 2044 (2)	1,500			1,500
Credit Facility	—			495
Other long-term debt	312			93
Total debt	8,562			8,838
Less current portion of long-term debt	(238		)	(1,056		)
Face value of long-term debt	$	8,324		$	7,782

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(1) Issued in November 2012, effective interest rates of the 2017 and 2022 Notes were 1.38% and 2.66%.

(2) Issued in December 2014, effective interest rates of the 2019, 2021, 2024, 2034, and 2044 Notes were 2.73%, 3.43%, 3.90%, 4.92%, and 5.11%.

Future Principal Payments for Debt

As of December 31, 2016, future principal payments for our total debt were as follows (in millions):

Year Ended December 31,
2017	$	1,056
2018	37
2019	1,278
2020	217
2021	1,000
Thereafter	5,250
	$	8,838