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DEBT (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Instruments [Abstract]  
Long-term Debt Long-term debt (including finance lease obligations) as of June 30, 2020 and December 31, 2019 consisted of the following:
June 30, 2020December 31, 2019
4.75% Senior Notes due January 2020
$—  $500  
2.50% Senior Notes due March 2020
—  300  
4.70% Senior Notes due April 2021
552  554  
4.25% Senior Notes due April 2024
318  308  
3.50% Senior Notes due March 2025
624  593  
3.45% Senior Notes due June 2026
513  490  
4.20% Senior Notes due June 2029
499  499  
2.95% Senior Notes due June 2030
798  798  
2.80% Senior Notes due June 2031
549  —  
6.95% Senior Notes due July 2037
175  175  
5.75% Senior Notes due January 2040
245  245  
4.70% Senior Notes due March 2045
300  300  
Other32  34  
Debt issuance costs(30) (26) 
Total long-term debt4,575  4,770  
Less: Current portion of long-term debt555  804  
Total long-term debt, net of current portion$4,020  $3,966  
Schedule of Leverage Ratio Covenants Pursuant to the amendment, the leverage ratio covenant (as defined in the senior unsecured revolving credit facility) was increased from the second quarter of 2020 as follows:
As of:Applicable Covenant:
June 30, 2020
no more than 5 times EBITDA
September 30, 2020
no more than 5.5 times EBITDA
December 31, 2020
no more than 6.5 times EBITDA
March 31, 2021
no more than 6.25 times EBITDA
June 30, 2021
no more than 4.5 times EBITDA
Schedule of Maturities of Long-term Debt As of June 30, 2020, long-term debt matures as follows:
Year Ending December 31,
Remainder of 2020$2  
2021553  
20223  
20231  
2024302  
Thereafter3,696  
Total maturities of long-term debt4,557  
Unamortized discount(11) 
Debt issuance costs(30) 
Fair value basis adjustments attributable to hedged debt59  
Total long-term debt4,575  
Current portion of long-term debt555  
Total long-term debt, net of current portion$4,020