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Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
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, 2025 and December 31, 2024:
Principal Amount at ParLevel 2 Fair Value as of
March 31,
2025
December 31,
2024
Issuance DateMaturityMarch 31,
2025
December 31,
2024
(in millions)(in millions)
5.875% Senior Notes
$— $800 February 2015February 2025$— $801 
3.000% Senior Notes(1)
508 487 April 2020June 2025508 487 
3.625% Senior Notes
500 500 April 2020June 2025499 497 
4.375% Senior Notes
1,000 1,000 October 2016November 20261,002 998 
3.625% Senior Notes(1)
1,404 1,346 May 2017May 20271,433 1,375 
4.875% Senior Notes
1,600 1,600 October 2017April 20281,674 1,607 
5.875% Senior Notes
1,900 1,900 April 2018November 20281,928 1,970 
4.625% Senior Notes(1)
1,188 1,139 October 2018May 20291,265 1,220 
6.375% Senior Notes
800 800 October 2018May 2029857 848 
3.875% Senior Notes(1)
1,296 1,242 April 2019November 20291,342 1,293 
5.375% Senior Notes
900 900 April 2019November 2029930 918 
3.625% Senior Notes(1)
1,188 1,139 October 2019June 20301,217 1,174 
4.875% Senior Notes
1,000 1,000 October 2019June 20301,012 996 
4.900% Senior Notes
1,000 1,000 August 2024August 20341,002 982 
5.400% Senior Notes
800 800 August 2024August 2054787 782 
$15,084 $15,653 $15,456 $15,948 
(1) The following Senior Notes have a principal amount denominated in euros: 3.000% Senior Notes for €470 million, 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.