Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Principal Contractual Commitments, Excluding Open Orders for Purchases

The following summarizes our principal contractual commitments, excluding open orders for purchases that support normal operations and are generally cancellable, as of March 31, 2022 (in millions): 

	Nine Months Ended December 31,		Year Ended December 31,
	2022		2023		2024		2025		2026		Thereafter		Total
Long-term debt principal and interest	$	2,572	$	4,862	$	7,017	$	3,400	$	3,829	$	52,784	$	74,464
Operating lease liabilities	5,883		7,429		6,890		6,364		5,798		33,780		66,144
Finance lease liabilities, including interest	5,459		4,748		2,266		1,357		1,224		8,040		23,094
Financing obligations, including interest (1)	340		466		465		456		464		7,181		9,372
Leases not yet commenced	959		2,006		2,412		2,378		2,422		23,593		33,770
Unconditional purchase obligations (2)	4,390		5,838		5,153		4,712		4,166		9,394		33,653
Other commitments (3)(4)	2,642		1,842		1,319		973		1,093		10,938		18,807
Total commitments	$	22,245	$	27,191	$	25,522	$	19,640	$	18,996	$	145,710	$	259,304

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(1)Includes non-cancellable financing obligations for fulfillment, sortation, and data center facilities. Excluding interest, current financing obligations of $196 million and $217 million are recorded within “Accrued expenses and other” and $6.2 billion and $6.8 billion are recorded within “Other long-term liabilities” as of December 31, 2021 and March 31, 2022. The weighted-average remaining term of the financing obligations was 18.8 years and the weighted-average imputed interest rate was 3.2% and 3.3% as of December 31, 2021 and March 31, 2022.

(2)Includes unconditional purchase obligations related to long-term agreements to acquire and license digital media content that are not reflected on the consolidated balance sheets and certain products offered in our Whole Foods Market stores. For those digital media content agreements with variable terms, we do not estimate the total obligation beyond any minimum quantities and/or pricing as of the reporting date. Purchase obligations associated with renewal provisions solely at the option of the content provider are included to the extent such commitments are fixed or a minimum amount is specified.

(3)Includes the estimated timing and amounts of payments for rent and tenant improvements associated with build-to-suit lease arrangements that are under construction, asset retirement obligations, and liabilities associated with digital media content agreements with initial terms greater than one year.

(4)Excludes approximately $3.3 billion of accrued tax contingencies for which we cannot make a reasonably reliable estimate of the amount and period of payment, if any.