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Debt and Credit Facilities (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Summary of Debt Carrying Amount
The following table summarizes our borrowings under various financing arrangements (in millions):
 
 
 
 
 
 
 
 
Carrying Amount
Type of Borrowing
 
Issue Date
 
Due Date
 
Interest Rate
 
March 31, 2018
 
December 31, 2017
Senior Unsecured
 
September 2015
 
September 2018
 
1.85%
 
$
999

 
$
999

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

 
749

Term Loan
 
October 2017
 
October 2018
 
Variable
 

 
999

Senior Unsecured
 
September 2017
 
March 2019
 
3-month LIBOR + 0.22%
 
749

 
748

Senior Unsecured
 
March 2014
 
April 2019
 
2.05%
 
499

 
499

Senior Unsecured
 
September 2017
 
September 2019
 
1.85%
 
997

 
997

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

 
499

Senior Unsecured
 
November 2014
 
February 2020
 
2.35%
 
499

 
499

Senior Unsecured
 
September 2015
 
September 2020
 
2.55%
 
1,994

 
1,994

Term Loan
 
October 2017
 
October 2020
 
Variable
 

 
998

Senior Unsecured
 
March 2011
 
April 2021
 
4.50%
 
996

 
995

Senior Unsecured
 
December 2011
 
December 2021
 
4.40%
 
1,247

 
1,246

Senior Unsecured
 
September 2016
 
March 2022
 
1.95%
 
498

 
497

Senior Unsecured
 
September 2015
 
September 2022
 
3.25%
 
996

 
996

Term Loan
 
October 2017
 
October 2022
 
Variable
 

 
2,497

Senior Unsecured
 
September 2016
 
September 2023
 
2.50%
 
745

 
745

Senior Unsecured
 
March 2014
 
April 2024
 
3.70%
 
1,743

 
1,742

Senior Unsecured
 
November 2014
 
February 2025
 
3.50%
 
1,744

 
1,744

Senior Unsecured
 
September 2015
 
March 2026
 
3.65%
 
2,729

 
2,729

Senior Unsecured
 
September 2016
 
March 2027
 
2.95%
 
1,244

 
1,244

Senior Unsecured
 
September 2015
 
September 2035
 
4.60%
 
990

 
990

Senior Unsecured
 
September 2016
 
September 2036
 
4.00%
 
740

 
740

Senior Unsecured
 
December 2011
 
December 2041
 
5.65%
 
995

 
995

Senior Unsecured
 
March 2014
 
April 2044
 
4.80%
 
1,733

 
1,733

Senior Unsecured
 
November 2014
 
February 2045
 
4.50%
 
1,730

 
1,730

Senior Unsecured
 
September 2015
 
March 2046
 
4.75%
 
2,215

 
2,215

Senior Unsecured
 
September 2016
 
March 2047
 
4.15%
 
1,724

 
1,723

Total debt, net
 
29,054

 
33,542

Less current portion
 
2,497

 
2,747

Total long-term debt, net
 
$
26,557

 
$
30,795