Notes Payable (Tables) - Notes Payable

9 Months Ended

Sep. 30, 2018

Debt

Schedule of notes payable

Our senior unsecured notes and bonds consist of the following, sorted by maturity date (dollars in millions):

	September 30, 2018		December 31, 2017
2.000% notes, issued in October 2012 and due in January 2018	$	—	$	350
5.750% notes, issued in June 2010 and due in January 2021	250		250
3.250% notes, $450 issued in October 2012 and $500 issued in December 2017, both due in October 2022	950		950
4.650% notes, issued in July 2013 and due in August 2023	750		750
3.875% notes, issued in June 2014 and due in July 2024	350		350
3.875% notes, issued in April 2018 and due in April 2025	500		—
4.125% notes, $250 issued in September 2014 and $400 issued in March 2017, both due in October 2026	650		650
3.000% notes, issued in October 2016 and due in January 2027	600		600
3.650% notes, issued in December 2017 and due in January 2028	550		550
5.875% bonds, $100 issued in March 2005 and $150 issued in June 2011, both due in March 2035	250		250
4.650% notes, $300 issued in March 2017 and $250 issued in December 2017, both due in March 2047	550		550
Total principal amount	5,400		5,250
Unamortized net original issuance premiums and deferred financing costs	(24)		(20)
	$	5,376	$	5,230

Schedule of maturity of debt, net

The following table summarizes the maturity of our notes and bonds payable as of September 30, 2018, excluding net unamortized original issuance premiums and deferred financing costs (dollars in millions):

Year of Maturity	Principal
2021	$	250
2022	950
Thereafter	4,200
Totals	$	5,400