Notes Payable (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Summary of Company Issued and Publicly Sold Unsecured Senior Notes

The Company issued and publicly sold unsecured senior notes, the details of each tranche are shown as below:

	Issue date		Principal amount (US$ million)		Mature date		Effective interest rate
2022 Ten-year Notes		November 28, 2012		750		November 28, 2022		3.59	%
2019 Notes		June 9, 2014		1,000		June 9, 2019		3.00	%(i)
2020 Notes		June 30, 2015		750		June 30, 2020		3.13	%(i)
2025 Ten-year Notes		June 30, 2015		500		June 30, 2025		4.22	%
2022 Five-year Notes		July 6, 2017		900		July 6, 2022		3.08	%
2027 Notes		July 6, 2017		600		July 6, 2027		3.73	%
2023 Notes		March 29, 2018		1,000		September 29, 2023		3.99	%
2028 March Notes		March 29, 2018		500		March 29, 2028		4.50	%
2024 Notes		November 14, 2018		850		May 14, 2024		4.51%/4.54	%
2028 November Notes		November 14, 2018		400		November 14, 2028		4.99	%
2025 Five-year Notes		April 7, 2020		600		April 7, 2025		3.22	%
2030 Notes		April 7, 2020		400		April 7, 2030		3.54	%

(i)  The 2019 Notes and 2020 Notes were fully repaid when they became due.

Principal Amount and Unamortized Discount and Debt Issuance Costs

The principal amount and unamortized discount and debt issuance costs as of December 31, 2019 and June 30, 2020 are as follows:

	As of December 31, 2019			As of June 30, 2020
	RMB			RMB			US$
	(In millions)
				(unaudited)
Principal amount		43,519			45,923			6,500
Unamortized discount and debt issuance cost		(210	)		(242	)		(34	)
		43,309			45,681			6,466