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Debt (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Debt consists of the following (in thousands):
Interest Rate (1)
Maturities ThroughAs of June 30, 2022As of December 31, 2021
Fixed rate debt:
Unsecured senior notes
3.70% to 9.13%
2022 - 2028$6,595,735 $5,604,498 
Secured senior notes
10.88% to 11.50%
2023 - 20252,361,570 2,354,037 
Unsecured term loans
1.28% to 5.89%
2026 - 20344,767,955 2,860,567 
Convertible notes
2.88% to 4.25%
20231,725,000 1,558,780 
Total fixed rate debt15,450,260 12,377,882 
Variable rate debt:
Unsecured revolving credit facilities (2)
3.09% to 3.49%
2022 - 20242,611,342 2,899,342 
USD unsecured term loan
3.34% to 6.79%
2022 - 20334,569,466 5,018,740 
Euro unsecured term loan
2.26% to 4.72%
2023 - 2036577,098 685,633 
Total variable rate debt7,757,906 8,603,715 
Finance lease liabilities422,893 472,275 
Total debt (3)
23,631,059 21,453,872 
Less: unamortized debt issuance costs(417,852)(363,532)
Total debt, net of unamortized debt issuance costs23,213,207 21,090,340 
Less—current portion (5,466,486)(2,243,131)
Long-term portion$17,746,721 $18,847,209 
(1) Interest rates based on outstanding loan balance as of June 30, 2022 and, for variable rate debt, include either LIBOR or EURIBOR plus the applicable margin.
(2) Includes $1.9 billion facility and $1.3 billion facility, the vast majority of which is due in 2024. Our $1.9 billion facility accrues interest at LIBOR plus a maximum interest rate margin of 1.30% which interest was 3.09% as of June 30, 2022 and is subject to a facility fee of a maximum of 0.20%. Our $1.3 billion facility accrues interest at LIBOR plus a maximum interest rate margin of 1.70%, which interest was 3.49% as of June 30, 2022 and is subject to a facility fee of a maximum of 0.30%.
(3) At June 30, 2022 and December 31, 2021, the weighted average interest rate for total debt was 6.09% and 5.47%, respectively.
Schedule of Maturities of Long-term Debt The following is a schedule of annual maturities on our total debt, net of debt issuance costs of $417.9 million, and including finance leases, as of June 30, 2022 for each of the next five years (in thousands):
YearAs of June 30, 2022 (1)
Remainder of 20221,579,926 
20235,746,141 
20243,869,007 
20252,482,849 
20262,693,083 
Thereafter6,842,201 
23,213,207 
(1)    Debt denominated in other currencies is calculated based on the applicable exchange rate at June 30, 2022.