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Debt Financing (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Consolidated Debt
The Company’s consolidated debt as of December 31, 2025 and 2024 is summarized below:

December 31, 2025December 31, 2024
(in thousands)
Unsecured
Senior unsecured securities $13,860,558 $16,046,662 
Term financings 3,846,800 3,628,600 
Commercial paper1,361,400 — 
Revolving Credit Facility— 170,000 
Other revolving credit facilities300,000 — 
Total unsecured debt financing19,368,758 19,845,262 
Secured
Term financings 318,348 354,208 
Export credit financing 175,238 190,437 
Total secured debt financing493,586 544,645 
Total debt financing19,862,344 20,389,907 
Less: Debt discounts and issuance costs(132,215)(179,922)
Debt financing, net of discounts and issuance costs$19,730,129 $20,209,985 
Schedule of Maturities of Debt Outstanding
Maturities of debt outstanding as of December 31, 2025 are as follows:

(in thousands)
Years ending December 31,
2026$8,002,441 
20274,026,176 
20283,130,140 
20291,071,769 
20302,167,349 
Thereafter 1,464,469 
Total$19,862,344