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Borrowings (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Borrowings
Our borrowings consisted of the following (in thousands):

Type of BorrowingDate of IssuanceMaturityAs of March 31, 2026As of December 31, 2025
Senior Unsecured Notes:
$1,000,000, 1.75% (issued at 98.284% of par)
9/20209/2027$1,000,000 $1,000,000 
$500,000, 5.15% (issued at 98.758% of par)
6/20249/2029500,000 500,000 
$1,000,000, 2.20% (issued at 97.760% of par)
9/20209/20301,000,000 1,000,000 
$600,000, 4.45% (issued at 98.909% of par)
9/20253/2031600,000 600,000 
$600,000, 2.15% (issued at 98.263% of par)
7/20219/2031600,000 600,000 
$500,000, 5.40% (issued at 97.872% of par)
6/20249/2034500,000 500,000 
$900,000, 5.20% (issued at 97.989% of par)
9/20259/2035900,000 900,000 
$1,000,000, 3.30% (issued at 95.556% of par)
9/20209/20401,000,000 1,000,000 
$1,000,000, 3.55% (issued at 95.306% of par)
9/20209/20501,000,000 1,000,000 
$700,000, 3.35% (issued at 97.565% of par)
7/20219/2051700,000 700,000 
$500,000, 5.90% (issued at 97.617% of par)
6/20249/2054500,000 500,000 
$500,000, 5.95% (issued at 95.824% of par)
9/20259/2055500,000 500,000 
Term Loan
See below
7/2026380,000 380,000 
Unamortized debt discount and issuance costs(223,557)(229,083)
Total debt carrying value8,956,443 8,950,917 
Less: Current portion of long-term debt(380,000)(380,000)
Total long-term debt$8,576,443 $8,570,917 
Summary of Repayments of Debt by Year
The future principal payments for our borrowings as of March 31, 2026 are as follows (in thousands):

YearPrincipal Payments
Remainder of 2026$380,000 
20271,000,000 
2028— 
2029500,000 
20301,000,000 
Thereafter6,300,000 
Total(1)
$9,180,000 
(1)Excludes unamortized debt discount and issuance costs of $223.6 million as of March 31, 2026, which are amortized through interest expense over the remaining life of the underlying debt obligations.