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Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Summary of Long-term Debt
The following table provides a summary of the Company's outstanding debt and the fair values based on quoted market prices in less active markets as of March 31, 2021 and December 31, 2020:
Principal Amount at ParLevel 2 Fair Value as of
March 31, 2021December 31, 2020Issuance DateMaturityMarch 31, 2021December 31, 2020
(in millions)(in millions)
5.375% Senior Notes
$— $500 February 2013February 2021$— $502 
5.500% Senior Notes
700 700 February 2015February 2022729 735 
5.750% Senior Notes
400 400 February 2014March 2024449 449 
5.875% Senior Notes
800 800 February 2015February 2025917 921 
3.000% Senior Notes (1)
551 574 April 2020June 2025600 616 
3.625% Senior Notes
500 500 April 2020June 2025534 535 
4.375% Senior Notes
1,000 1,000 October 2016November 20261,119 1,110 
3.625% Senior Notes (1)
1,524 1,588 May 2017May 20271,748 1,776 
4.875% Senior Notes
1,600 1,600 October 2017April 20281,812 1,807 
5.875% Senior Notes
1,900 1,900 April 2018November 20282,302 2,280 
4.625% Senior Notes (1)
1,290 1,344 October 2018May 20291,605 1,630 
6.375% Senior Notes
800 800 October 2018May 2029997 995 
3.875% Senior Notes (1)
1,407 1,466 April 2019November 20291,680 1,700 
5.375% Senior Notes
900 900 April 2019November 20291,065 1,061 
3.625% Senior Notes (1)
1,290 1,344 October 2019June 20301,513 1,533 
4.875% Senior Notes
1,000 1,000 October 2019June 20301,152 1,155 
$15,662 $16,416 $18,222 $18,805 
(1) The following Senior Notes have a principal amount denominated in euro: 3.000% Senior Notes for €470 million, 3.625% Senior Notes for €1,300 million, 4.625% Senior Notes for €1,100 million, 3.875% Senior Notes for €1,200 million, and 3.625% Senior Notes for €1,100 million.
Schedule of Maturities of Long-term Debt
The expected timing of principal and interest payments for the Company’s outstanding Notes are as follows:
As of 
March 31,
2021
December 31,
2020
(in thousands)
Less than one year
$1,453,690 $1,264,020 
Due after one year and through three years
1,804,714 2,136,997 
Due after three years and through five years
3,161,269 3,614,906 
Due after five years
14,581,110 14,841,164 
Total debt obligations
$21,000,783 $21,857,087