XML 61 R38.htm IDEA: XBRL DOCUMENT v3.23.2
Debt Financing - Narrative (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
aircraft
Jun. 30, 2023
USD ($)
aircraft
Aug. 03, 2023
USD ($)
Jul. 31, 2023
USD ($)
May 05, 2023
USD ($)
Dec. 31, 2022
USD ($)
aircraft
Debt Instrument [Line Items]            
Outstanding balance $ 19,089,686,000 $ 19,089,686,000       $ 18,823,429,000
Senior unsecured securities            
Debt Instrument [Line Items]            
Outstanding balance 17,202,069,000 17,202,069,000       17,095,116,000
Medium Term Note Program Due 2028 | Total unsecured debt financing            
Debt Instrument [Line Items]            
Principal amount issued $ 700,000,000 $ 700,000,000        
Interest rate 5.30% 5.30%        
Trust Certificates Due 2028            
Debt Instrument [Line Items]            
Principal amount issued $ 600,000,000 $ 600,000,000        
Interest rate 5.85% 5.85%        
Revolving credit facility            
Debt Instrument [Line Items]            
Outstanding balance $ 1,000,000,000 $ 1,000,000,000       1,020,000,000
Maximum borrowing capacity         $ 7,200,000,000  
Facility fee   0.20%        
Revolving credit facility | Mature May 5, 2027 | Subsequent Event            
Debt Instrument [Line Items]            
Line of credit, noncurrent     $ 6,800,000,000      
Revolving credit facility | Mature May 5, 2026 | Subsequent Event            
Debt Instrument [Line Items]            
Line of credit, noncurrent     320,000,000      
Revolving credit facility | Mature May 5, 2025 | Subsequent Event            
Debt Instrument [Line Items]            
Line of credit, noncurrent     32,500,000      
Revolving credit facility | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Interest margin   1.05%        
2023 Term Loan | Term financings            
Debt Instrument [Line Items]            
Principal amount issued $ 650,000,000 $ 650,000,000        
Credit spread adjustment 0.10% 0.10%        
2023 Term Loan | Term financings | Subsequent Event            
Debt Instrument [Line Items]            
Outstanding balance     $ 0      
Principal amount issued       $ 725,000,000    
2023 Term Loan | Term financings | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Interest margin 1.40%          
Secured Notes Due 2034 | Total secured debt financing            
Debt Instrument [Line Items]            
Principal amount issued $ 112,200,000 $ 112,200,000        
Number of aircraft pledged as collateral | aircraft 1 1        
Secured Notes Due 2034 | Total secured debt financing | 3M SOFR            
Debt Instrument [Line Items]            
Interest margin 0.42%          
Other Debt Financings            
Debt Instrument [Line Items]            
Outstanding balance $ 887,600,000 $ 887,600,000       $ 708,300,000
Number of aircraft pledged as collateral | aircraft 3 3       3
Net book value of aircraft pledged as collateral $ 318,200,000 $ 318,200,000       $ 212,100,000