Debt (Tables)

3 Months Ended

Mar. 31, 2020

The following table provides a summary of the Company's outstanding debt and the fair values based on quoted market prices in less active markets as of March 31, 2020 and December 31, 2019:



	Principal Amount at Par						Level 2 Fair Value as of
	March 31, 2020		December 31, 2019		Issuance Date	Maturity	March 31, 2020		December 31, 2019
	(in millions)						(in millions)
5.375% Senior Notes	$	500	$	500	February 2013	February 2021	$	507	$	518
5.500% Senior Notes	700		700		February 2015	February 2022	722		744
5.750% Senior Notes	400		400		February 2014	March 2024	426		444
5.875% Senior Notes	800		800		February 2015	February 2025	847		896
4.375% Senior Notes	1,000		1,000		October 2016	November 2026	1,018		1,026
3.625% Senior Notes (1)	1,433		1,459		May 2017	May 2027	1,433		1,565
4.875% Senior Notes	1,600		1,600		October 2017	April 2028	1,632		1,670
5.875% Senior Notes	1,900		1,900		April 2018	November 2028	2,047		2,111
4.625% Senior Notes (1)	1,212		1,234		October 2018	May 2029	1,246		1,378
6.375% Senior Notes	800		800		October 2018	May 2029	883		916
3.875% Senior Notes (1)	1,323		1,346		April 2019	November 2029	1,303		1,429
5.375% Senior Notes	900		900		April 2019	November 2029	942		960
3.625% Senior Notes (1)	1,212		1,234		October 2019	June 2030	1,191		1,273
4.875% Senior Notes	1,000		1,000		October 2019	June 2030	1,024		1,019
	$	14,780	$	14,873

(1) The following Senior Notes have a principal amount denominated in euro: 3.625% Senior Notes for €1,300 million, 4.625% Senior Notes for €1,100 million, 3.875% Senior Notes for €1,200 million, and 3.625% Senior Notes for €1,100 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, 2020		December 31, 2019
	(in thousands)
Less than one year	$	1,233,206	$	736,969
Due after one year and through three years	2,060,732		2,581,471
Due after three years and through five years	2,502,066		1,705,201
Due after five years	14,791,650		15,699,800
Total debt obligations	$	20,587,654	$	20,723,441

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details