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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net Income $ 950 $ 736
Adjustments:    
Depreciation and amortization 461 412
Net deferred income tax benefit (1) (1)
Loss (Gain) on derivative instruments not designated as hedges 8 (2)
Share-based compensation expense 38 53
Equity investment income (84) (48)
Amortization of debt issuance costs, discounts and premiums 53 23
Loss on extinguishment of debt and inducement expense 60 10
Changes in operating assets and liabilities:    
Increase in trade and other receivables, net (173) (77)
(Increase) decrease in inventories (7) 9
Increase in prepaid expenses and other assets (25) (112)
(Decrease) increase in accounts payable (8) 22
Decrease in accrued expenses and other liabilities (279) (151)
Increase in customer deposits 809 838
Other, net 32 (85)
Net cash provided by operating activities 1,834 1,627
Investing Activities    
Purchases of property and equipment (500) (428)
Cash received on settlement of derivative financial instruments 17 0
Cash paid on settlement of derivative financial instruments (3) (2)
Investments in and loans to unconsolidated affiliates (38) (26)
Cash received on loans from unconsolidated affiliates 0 4
Other, net (5) 12
Net cash used in investing activities (529) (440)
Financing Activities    
Debt proceeds 2,807 480
Debt issuance costs (21) (3)
Repayments of debt (3,084) (1,221)
Repurchase of common stock (836) (241)
Dividends paid (270) (148)
Payments of withholding tax on stock awards (185) (60)
Other, net (28) 2
Net cash used in financing activities (1,617) (1,191)
Effect of exchange rate changes on cash and cash equivalents (1) 2
Net decrease in cash and cash equivalents (313) (2)
Cash and cash equivalents at beginning of period 825 388
Cash and cash equivalents at end of period 512 386
Cash paid during the period for:    
Interest, net of amount capitalized 320 279
Non-cash Investing Activities    
Purchase of property and equipment included in accounts payable and accrued expenses and other liabilities $ 145 $ 42