XML 56 R43.htm IDEA: XBRL DOCUMENT v3.21.2
Debt - Narrative (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 23, 2021
USD ($)
Mar. 08, 2021
USD ($)
Aug. 21, 2018
Aug. 30, 2018
USD ($)
day
$ / shares
Oct. 03, 2021
USD ($)
renewal
Sep. 27, 2020
USD ($)
Oct. 03, 2021
USD ($)
renewal
Sep. 27, 2020
USD ($)
Jan. 03, 2021
USD ($)
Jun. 30, 2014
USD ($)
Term Notes                    
Debt Instrument [Line Items]                    
Net proceeds $ 992,000,000                  
Redemption price, percentage             100.00%      
Interest expense recognized         $ 4,000,000   $ 9,000,000      
Convertible Senior Notes                    
Debt Instrument [Line Items]                    
Interest expense recognized         7,000,000 $ 11,000,000 28,000,000 $ 33,000,000    
2023 Term Notes | Term Notes                    
Debt Instrument [Line Items]                    
Stated rate 0.55%                  
Principal amount of notes outstanding $ 500,000,000       500,000,000   500,000,000      
2031 Term Notes | Term Notes                    
Debt Instrument [Line Items]                    
Stated rate 2.55%                  
Principal amount of notes outstanding $ 500,000,000       500,000,000   500,000,000      
2023 Convertible Notes | Convertible Senior Notes                    
Debt Instrument [Line Items]                    
Stated rate       0.00%            
Principal amount of notes outstanding       $ 750,000,000 750,000,000   750,000,000   $ 750,000,000  
Redemption price, percentage       100.00%            
Effective interest rate used to measure fair value of convertible senior note       3.70%            
Conversion rate     0.0021845              
Conversion price (in dollars per share) | $ / shares       $ 457.77            
Threshold common stock trading days | day       20            
Threshold consecutive common stock trading days | day       30            
Threshold percentage of common stock price trigger       130.00%            
Threshold note trading days | day       5            
Threshold consecutive note trading days | day       10            
Threshold percentage of note price trigger       98.00%            
Convertible stock price trigger (in dollars per share) | $ / shares       $ 595.10            
2021 Convertible Notes | Convertible Senior Notes                    
Debt Instrument [Line Items]                    
Stated rate                   0.50%
Principal amount of notes outstanding         $ 0   $ 0   $ 517,000,000 $ 517,000,000
Effective interest rate used to measure fair value of convertible senior note                   3.50%
The Credit Agreement | Line of Credit                    
Debt Instrument [Line Items]                    
Debt instrument term, number of renewal | renewal         2   2      
Debt instrument, renewal term             1 year      
Borrowings outstanding         $ 0   $ 0      
The Credit Agreement | Line of Credit | Revolving Credit Facility                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity   $ 750,000,000                
Debt instrument term   5 years                
The Credit Agreement | Line of Credit | Swingline Borrowings                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity   $ 40,000,000                
The Credit Agreement | Line of Credit | Letter of Credit                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity   50,000,000                
The Credit Agreement | Unsecured Debt                    
Debt Instrument [Line Items]                    
Debt instrument, face amount, optional increase in additional borrowings   $ 250,000,000                
Debt instrument, covenant, minimum debt to EBITDA ratio         3.50   3.50      
Debt instrument, covenant, minimum debt to EBITDA ratio upon consummation of acquisition         4.00   4.00      
Bridge Facility | Unsecured Debt                    
Debt Instrument [Line Items]                    
Principal amount of notes outstanding         $ 1,000,000,000   $ 1,000,000,000      
Debt instrument term             364 days