Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023 (in millions): 

	Nine Months Ended December 31,		Year Ended December 31,
	2023		2024		2025		2026		2027		Thereafter		Total
Long-term debt principal and interest	$	3,882	$	10,615	$	7,203	$	5,123	$	10,399	$	63,814	$	101,036
Operating lease liabilities	7,604		9,207		8,560		7,878		7,148		44,071		84,468
Finance lease liabilities, including interest	3,073		2,230		1,425		1,284		1,101		7,398		16,511
Financing obligations, including interest (1)	349		464		457		464		471		6,712		8,917
Leases not yet commenced	1,025		2,048		2,048		2,019		2,056		17,173		26,369
Unconditional purchase obligations (2)	6,300		7,392		5,603		4,738		3,530		6,098		33,661
Other commitments (3)(4)	2,827		1,930		1,199		1,062		854		8,136		16,008
Total commitments	$	25,060	$	33,886	$	26,495	$	22,568	$	25,559	$	153,402	$	286,970

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(1)Includes non-cancellable financing obligations for fulfillment network and data center facilities. Excluding interest, current financing obligations of $266 million and $268 million are recorded within “Accrued expenses and other” and $6.7 billion and $6.6 billion are recorded within “Other long-term liabilities” as of December 31, 2022 and March 31, 2023. The weighted-average remaining term of the financing obligations was 17.9 years and 17.7 years and the weighted-average imputed interest rate was 3.1% as of December 31, 2022 and March 31, 2023.

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

(4)Excludes approximately $4.2 billion of accrued tax contingencies for which we cannot make a reasonably reliable estimate of the amount and period of payment, if any.