XML 73 R31.htm IDEA: XBRL DOCUMENT v3.25.2
Debt Facilities (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
Our mortgage and loans payable balance consisted of the following (in millions):
June 30,
2025		December 31, 2024
Term loans$687 $628 
Mortgage payable and other loans payable29 21 
716 649 
Less current portion(14)(5)
Total$702 $644 
Our senior notes balance consisted of the following (in millions):
June 30, 2025December 31, 2024
AmountEffective RateAmountEffective Rate
1.250% Senior Notes due 2025
$500 1.46 %$500 1.46 %
1.000% Senior Notes due 2025
700 1.18 %700 1.18 %
1.450% Senior Notes due 2026
700 1.64 %700 1.64 %
2.900% Senior Notes due 2026
600 3.04 %600 3.04 %
0.250% Euro Senior Notes due 2027
589 0.45 %518 0.45 %
1.800% Senior Notes due 2027
500 1.96 %500 1.96 %
1.550% Senior Notes due 2028
650 1.67 %650 1.67 %
2.000% Senior Notes due 2028
400 2.21 %400 2.21 %
2.875% Swiss Franc Senior Notes due 2028
378 3.05 %331 3.05 %
3.250% Euro Senior Notes due 2029
883 3.45 %— — %
1.558% Swiss Franc Senior Notes due 2029
126 1.79 %110 1.79 %
3.200% Senior Notes due 2029
1,200 3.30 %1,200 3.30 %
3.500% Singapore Dollar Senior Notes due 2030
393 3.67 %— — %
2.150% Senior Notes due 2030
1,100 2.27 %1,100 2.27 %
3.250% Euro Senior Notes due 2031
766 3.46 %673 3.46 %
2.500% Senior Notes due 2031
1,000 2.65 %1,000 2.65 %
3.900% Senior Notes due 2032
1,200 4.07 %1,200 4.07 %
1.000% Euro Senior Notes due 2033
707 1.18 %622 1.18 %
3.650% Euro Senior Notes due 2033
707 3.78 %622 3.78 %
4.000% Euro Senior Notes due 2034
883 4.17 %— — %
5.500% Senior Notes due 2034
750 5.74 %750 5.74 %
3.625% Euro Senior Notes due 2034
589 3.75 %518 3.75 %
2.000% Japanese Yen Senior Notes Series A due 2035
261 2.07 %239 2.07 %
2.130% Japanese Yen Senior Notes Series C due 2035
103 2.20 %94 2.20 %
2.370% Japanese Yen Senior Notes Series B due 2043
71 2.42 %65 2.42 %
2.570% Japanese Yen Senior Notes Series D due 2043
32 2.62 %29 2.62 %
2.570% Japanese Yen Senior Notes Series E due 2043
69 2.62 %64 2.62 %
3.000% Senior Notes due 2050
500 3.09 %500 3.09 %
2.950% Senior Notes due 2051
500 3.00 %500 3.00 %
3.400% Senior Notes due 2052
500 3.50 %500 3.50 %
17,357 14,685 
Less amount representing unamortized debt issuance costs and debt discounts(138)(123)
17,219 14,562 
Less current portion(1,899)(1,199)
Total
$15,320 $13,363 
Schedule of Maturities of Debt Instruments
The following table sets forth maturities of our debt, including mortgage and loans payable and senior notes, gross of debt issuance costs and debt discounts, as of June 30, 2025 (in millions):
Years ending:
2025 (6 months remaining)$1,211 
20261,305 
20271,780 
20281,433 
20292,214 
Thereafter10,130 
Total$18,073 
Schedule of Interest Charges Incurred
Other information related to interest is presented in the following tables (in millions):
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2025202420252024
Interest expense$135 $110 $257 $214 
Interest capitalized14 9 25 18 
Interest charges incurred$149 $119 $282 $232 
Six Months Ended
June 30,
20252024
Interest paid in cash, net of capitalized interest$212 $209