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DEBT AND CREDIT FACILITIES (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Carrying Amount of Borrowings Under Various Financing Arrangements
The following table summarizes the carrying amount of our borrowings under various financing arrangements:
(in millions)Carrying Amount
Type of BorrowingIssue DateMaturity DateInterest RateJune 30, 2026December 31, 2025
Senior UnsecuredSeptember 2015March 20263.65%— 2,750 
Senior UnsecuredSeptember 2016March 20272.95%1,250 1,249 
Term LoanApril 2026April 2027Variable1,099 — 
Senior UnsecuredSeptember 2020October 20271.20%749 749 
Senior UnsecuredMay 2026May 20284.25%498 — 
Senior UnsecuredMay 2026May 20294.40%996 — 
Senior UnsecuredNovember 2024November 20294.80%747 747 
Senior UnsecuredSeptember 2020October 20301.65%996 996 
Senior UnsecuredMay 2026May 20314.60%995 — 
Senior UnsecuredSeptember 2023October 20335.25%994 994 
Senior UnsecuredMay 2026May 20344.90%497 — 
Senior UnsecuredNovember 2024June 20355.10%992 992 
Senior UnsecuredSeptember 2015September 20354.60%995 994 
Senior UnsecuredSeptember 2016September 20364.00%744 744 
Senior UnsecuredSeptember 2020October 20402.60%990 990 
Senior UnsecuredDecember 2011December 20415.65%997 997 
Senior UnsecuredMarch 2014April 20444.80%1,739 1,738 
Senior UnsecuredNovember 2014February 20454.50%1,736 1,736 
Senior UnsecuredSeptember 2015March 20464.75%2,225 2,225 
Senior UnsecuredSeptember 2016March 20474.15%1,731 1,731 
Senior UnsecuredSeptember 2020October 20502.80%1,480 1,480 
Senior UnsecuredSeptember 2023October 20535.55%989 989 
Senior UnsecuredNovember 2024November 20545.50%989 989 
Senior UnsecuredNovember 2024November 20645.60%739 739 
Total senior unsecured notes and term loan facility25,168 23,827 
Liability related to future royalties1,077 1,110 
Total debt, net26,246 24,937 
Less: Current portion of long-term debt, net2,414 2,807 
Total Long-term debt, net$23,832 $22,129