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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
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 December 31, 2019 and December 31, 2018:

 
 
 
 
 
 
 
 
 
Level 2 Fair Value as of
 
Principal Amount at Par
 
Issuance Date
 
Maturity
 
Interest Due Dates
 
December 31,
2019
 
December 31,
2018
 
(in millions)
 
 
 
 
 
 
 
(in millions)
5.375% Senior Notes
$
500

 
February 2013
 
February 2021
 
February and August
 
$
518

 
$
509

5.500% Senior Notes
700

 
February 2015
 
February 2022
 
April and October
 
744

 
706

5.750% Senior Notes
400

 
February 2014
 
March 2024
 
March and September
 
444

 
407

5.875% Senior Notes
800

 
February 2015
 
February 2025
 
April and October
 
896

 
812

4.375% Senior Notes
1,000

 
October 2016
 
November 2026
 
May and November
 
1,026

 
915

3.625% Senior Notes (1)
1,459

 
May 2017
 
May 2027
 
May and November
 
1,565

 
1,446

4.875% Senior Notes
1,600

 
October 2017
 
April 2028
 
April and October
 
1,670

 
1,464

5.875% Senior Notes
1,900

 
April 2018
 
November 2028
 
May and November
 
2,111

 
1,851

4.625% Senior Notes (2)
1,234

 
October 2018
 
May 2029
 
May and November
 
1,378

 
1,241

6.375% Senior Notes
800

 
October 2018
 
May 2029
 
May and November
 
916

 
797

3.875% Senior Notes (3)
1,346

 
April 2019
 
November 2029
 
June and December
 
1,429

 

5.375% Senior Notes
900

 
April 2019
 
November 2029
 
June and December
 
960

 

3.625% Senior Notes (4)
1,234

 
October 2019
 
June 2030
 
June and December
 
1,273

 

4.875% Senior Notes
1,000

 
October 2019
 
June 2030
 
June and December
 
1,019

 

 
$
14,873

 
 
 
 
 
 
 
 
 
 


(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.
(3) Debt is denominated in euro with a €1,200 million principal amount. Total proceeds were $1,343 million.
(4) Debt is denominated in euro with a €1,100 million principal amount. Total proceeds were $1,226 million.
Schedule of Expected Timing of Principal and Interest Payments for the Notes
The expected timing of principal and interest payments for these Notes are as follows:
 
As of 
 
December 31,
2019
 
December 31, 2018
 
(in thousands)
Less than one year
$
736,969

 
$
538,384

Due after one year and through three years
2,581,471

 
1,550,581

Due after three years and through five years
1,705,201

 
1,646,101

Due after five years
15,699,800

 
11,138,129

Total debt obligations
$
20,723,441

 
$
14,873,195