XML 53 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt and Credit Facility (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Summary of Financing Arrangements
The following table summarizes the carrying amount of our borrowings under various financing arrangements (in millions):
 
 
 
 
 
 
 
 
December 31,
Type of Borrowing
 
Issue Date
 
Due Date
 
Interest Rate
 
2017
 
2016
Senior Unsecured
 
September 2015
 
September 2018
 
1.85%
 
$
999

 
$
998

Senior Unsecured
 
September 2017
 
September 2018
 
3-month LIBOR + 0.17%
 
749

 

Term Loan
 
October 2017
 
October 2018
 
Variable
 
999

 

Senior Unsecured
 
September 2017
 
March 2019
 
3-month LIBOR + 0.22%
 
748

 

Senior Unsecured
 
March 2014
 
April 2019
 
2.05%
 
499

 
499

Term Loan
 
May 2016
 
May 2019
 
Variable
 

 
311

Senior Unsecured
 
September 2017
 
September 2019
 
1.85%
 
997

 

Senior Unsecured
 
September 2017
 
September 2019
 
3-month LIBOR + 0.25%
 
499

 

Senior Unsecured
 
November 2014
 
February 2020
 
2.35%
 
499

 
498

Senior Unsecured
 
September 2015
 
September 2020
 
2.55%
 
1,994

 
1,991

Term Loan
 
October 2017
 
October 2020
 
Variable
 
998

 

Senior Unsecured
 
March 2011
 
April 2021
 
4.50%
 
995

 
994

Senior Unsecured
 
December 2011
 
December 2021
 
4.40%
 
1,246

 
1,245

Senior Unsecured
 
September 2016
 
March 2022
 
1.95%
 
497

 
497

Senior Unsecured
 
September 2015
 
September 2022
 
3.25%
 
996

 
995

Term Loan
 
October 2017
 
October 2022
 
Variable
 
2,497

 

Senior Unsecured
 
September 2016
 
September 2023
 
2.50%
 
745

 
744

Senior Unsecured
 
March 2014
 
April 2024
 
3.70%
 
1,742

 
1,741

Senior Unsecured
 
November 2014
 
February 2025
 
3.50%
 
1,744

 
1,743

Senior Unsecured
 
September 2015
 
March 2026
 
3.65%
 
2,729

 
2,726

Senior Unsecured
 
September 2016
 
March 2027
 
2.95%
 
1,244

 
1,243

Senior Unsecured
 
September 2015
 
September 2035
 
4.60%
 
990

 
989

Senior Unsecured
 
September 2016
 
September 2036
 
4.00%
 
740

 
739

Senior Unsecured
 
December 2011
 
December 2041
 
5.65%
 
995

 
995

Senior Unsecured
 
March 2014
 
April 2044
 
4.80%
 
1,733

 
1,732

Senior Unsecured
 
November 2014
 
February 2045
 
4.50%
 
1,730

 
1,729

Senior Unsecured
 
September 2015
 
March 2046
 
4.75%
 
2,215

 
2,214

Senior Unsecured
 
September 2016
 
March 2047
 
4.15%
 
1,723

 
1,723

Total debt, net
 
33,542

 
26,346

Less current portion
 
2,747

 

Total long-term debt, net
 
$
30,795

 
$
26,346

 
 
 
 
 
 
 
 
 
 
 
Schedule of Contractual Maturities of Financing Obligations
As of December 31, 2017, the aggregate future principal maturities of financing obligations for each of the next five years, based on contractual due dates, are as follows (in millions):
 
 
2018
 
2019
 
2020
 
2021
 
2022
Contractual Maturities
 
$
2,750

 
$
2,812

 
$
3,750

 
$
2,500

 
$
3,438