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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The fair values of our fixed rate notes were estimated using Level 2 inputs including quoted market prices for these instruments. The fair value of our commercial paper was estimated using Level 2 inputs. The commercial paper includes a discount and fair value was determined to approximate the carrying value due to the short term to maturity.
As of March 31, 2026
Debt:
Carrying Amount
Fair value
Commercial Paper$1,751 $1,751 
2027 Senior Notes (4.00%; due September 15, 2027)
1,496 1,495 
2027 Senior Notes (3.10%; due September 15, 2027)
499 492 
2028 Senior Notes (3.625%; due September 1, 2028)
959 985 
2028 Senior Notes (3.75%; due September 21, 2028)
598 593 
2028 Senior Notes (3.95%; due December 1, 2028)
595 595 
2029 Senior Notes (4.35%; due June 15, 2029)
1,245 1,248 
2030 Senior Notes (2.10%; due June 15, 2030)
1,242 1,137 
2031 Senior Notes (4.20%; due March 15, 2031)
640 641 
2031 Senior Notes (5.25%; due June 15, 2031)
745 774 
2032 Senior Notes (1.85%; due September 15, 2032)
1,490 1,266 
2033 Senior Notes (4.60%; due March 15, 2033)
1,492 1,487 
2040 Senior Notes (2.65%; due September 15, 2040)
1,234 907 
2048 Senior Notes (4.25%; due September 21, 2048)
1,234 1,006 
2050 Senior Notes (3.00%; due June 15, 2050)
1,224 801 
2052 Senior Notes (4.95%; due June 15, 2052)
1,468 1,332 
2060 Senior Notes (3.00%; due September 15, 2060)
1,473 869 
2062 Senior Notes (5.20%; due June 15, 2062)
985 892 
Total debt
$20,370 $18,271