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Long-term Debt and Interest Expense (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of components of long-term debt The components of long-term debt, including the effects of issuance costs and net discounts, are as follows:
 
As of
September 30, 2022
As of
December 31, 2021
 (in millions)
Outstanding debt principal balances:
3.950% senior notes due 2022
$— $244 
0.550% senior notes due 2023
750 750 
0.750% senior callable notes due 2024
— 750 
0.250% convertible senior notes due 2025
1,083 1,323 
1.125% senior notes due 2026
750 750 
4.450% senior notes due 2026
— 500 
5.625% senior notes due 2027
179 179 
7.200% senior notes due 2028
241 241 
4.125% senior notes due 2028
138 138 
1.900% senior notes due 2030
1,100 1,100 
2.150% senior notes due 2031
1,000 1,000 
5,241 6,975 
Issuance costs and discounts, net(27)(43)
Total debt5,214 6,932 
Less current portion of long-term debt986 244 
Long-term debt$4,228 $6,688 
Schedule of convertible notes
Interest expense recognized on the Convertible Notes is as follows:
Three Months Ended September 30,
Nine Months Ended September 30,
2022202120222021
(in millions)
Contractual coupon interest$$$$
Amortization of capitalized loan fees
$$$$
Schedule of derivative instruments holders from January 1, 2022 through December 31, 2022.