Borrowings (Tables)

9 Months Ended

Sep. 30, 2020

The following table lists long-term debt by instrument outstanding as of September 30, 2020 and December 31, 2019.


	Date of	Principal Amount Outstanding
	Issuance	September 30, 2020		December 31, 2019
Fixed-rate Senior Notes:
4.450% due July 22, 2020 (1)	07/22/10	$	—	$	700
3.250% due May 21, 2021	05/22/18	600		600
3.225% due September 1, 2022	08/29/12	256		256
2.650% due January 25, 2023	12/07/17	800		800
3.550% due February 1, 2024	10/31/18	500		500
3.000% due March 10, 2025	03/10/15	375		375
4.200% due March 24, 2025	03/24/20	600		—
3.850% due May 21, 2025	05/22/18	750		750
3.450% due February 13, 2026	11/13/15	350		350
3.200% due March 2, 2027	03/02/17	650		650
3.200% due January 25, 2028	12/07/17	700		700
4.000% due February 1, 2029	10/31/18	600		600
3.250% due May 22, 2029	05/22/19	600		600
4.625% due March 22, 2030	03/24/20	500		—
Floating-rate Senior Notes:
Three-month LIBOR +0.32% due May 21, 2021	05/22/18	600		600
Total Senior Notes		7,881		7,481
0.610% Finance lease obligation	07/01/20	7		—
Unamortized discount — net		(12)		(14)
Debt issuance costs		(40)		(37)
Total long-term debt		$	7,836	$	7,430

(1) Matured on July 22, 2020.

The following table details the TDA Senior Notes outstanding as of October 6, 2020.


	Date of issuance	Principal Amount Outstanding
Fixed-rate TDA Senior Notes:
2.950% due April 1, 2022	03/09/15	$	750
3.750% due April 1, 2024	11/01/18	400
3.625% due April 1, 2025	10/22/14	500
3.300% due April 1, 2027	04/27/17	800
2.750% due October 1, 2029	08/16/19	500
Floating-rate TDA Senior Notes:
Three-month LIBOR + 0.43% due November 1, 2021	11/01/18	600

Total TDA Senior Notes principal outstanding (1)		$	3,550

(1) The TDA Senior Notes were recorded at fair value as of the date of acquisition on October 6, 2020. See Note 3

Annual maturities on all long-term debt outstanding at September 30, 2020 are as follows: