Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Summary of Long-term Debt

The following table provides a summary of the Company's outstanding long-term debt and the fair values based on quoted market prices in less active markets as of March 31, 2019 and December 31, 2018:

						Level 2 Fair Value as of
	Principal Amount at Par		Issuance Date	Maturity	Interest Payment Dates	March 31, 2019		December 31, 2018
	(in millions)					(in millions)
5.375% Senior Notes	$	500	February 2013	February 2021	February and August	$	521	$	509
5.500% Senior Notes	700		February 2015	February 2022	April and October	736		706
5.750% Senior Notes	400		February 2014	March 2024	March and September	429		407
5.875% Senior Notes	800		February 2015	February 2025	April and October	867		812
4.375% Senior Notes	1,000		October 2016	November 2026	May and November	982		915
3.625% Senior Notes (1)	1,458		May 2017	May 2027	May and November	1,512		1,446
4.875% Senior Notes	1,600		October 2017	April 2028	April and October	1,586		1,464
5.875% Senior Notes	1,900		April 2018	November 2028	May and November	2,010		1,851
4.625% Senior Notes (2)	1,234		October 2018	May 2029	May and November	1,320		1,241
6.375% Senior Notes	800		October 2018	May 2029	May and November	868		797
	$	10,392

(1) Debt is denominated in euro with a €1,300 million principal amount. Total proceeds were $1,421 million.

(2) Debt is denominated in euro with a €1,100 million principal amount. Total proceeds were $1,262 million.

Schedule of Maturities of Long-term Debt

The expected timing of principal and interest payments for these Notes are as follows:

	As of
	March 31, 2019		December 31, 2018
	(in thousands)
Less than one year	$	535,960	$	538,384
Due after one year and through three years	2,245,272		1,550,581
Due after three years and through five years	1,328,564		1,646,101
Due after five years	10,658,355		11,138,129
Total debt obligations	$	14,768,151	$	14,873,195