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v3.21.1

Debt - Debt Maturities (Details) - USD ($) $ in Thousands | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020 | Nov. 30, 2020
Debt Instrument |  |  |
2021 (nine months) | $ 11,572 |  |
2022 | 4,843 |  |
2023 | 1,128,024 |  |
2024 | 253,050 |  |
2025 | 1,353,209 |  |
Thereafter | 3,052,789 |  |
Total debt before discount, net | 5,803,487 |  |
(Discounts), premium and debt costs, net | (40,438) |  |
Long-term debt, net assets held for sale | 5,763,049 |  |
Long-term debt | $ 6,041,221 |  |
Weighted-average interest rate (as a percent) | 0.26% | 0.30% |
Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | $ 278,172 |  |
Bank Line of Credit |  |  |
Debt Instrument |  |  |
2021 (nine months) | 0 |  |
2022 | 0 |  |
2023 | 110,000 |  |
2024 | 0 |  |
2025 | 0 |  |
Thereafter | 0 |  |
Total debt before discount, net | 110,000 |  |
(Discounts), premium and debt costs, net | 0 |  |
Long-term debt, net assets held for sale | 110,000 |  |
Long-term debt | 110,000 |  |
Bank Line of Credit | Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | 0 |  |
Commercial Paper(1) |  |  |
Debt Instrument |  |  |
2021 (nine months) | 0 |  |
2022 | 0 |  |
2023 | 928,150 |  |
2024 | 0 |  |
2025 | 0 |  |
Thereafter | 0 |  |
Total debt before discount, net | 928,150 |  |
(Discounts), premium and debt costs, net | 0 |  |
Long-term debt, net assets held for sale | 928,150 |  |
Long-term debt | 928,150 |  |
Commercial Paper(1) | Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | 0 |  |
Term Loan |  |  |
Debt Instrument |  |  |
2021 (nine months) | 0 |  |
2022 | 0 |  |
2023 | 0 |  |
2024 | 250,000 |  |
2025 | 0 |  |
Thereafter | 0 |  |
Total debt before discount, net | 250,000 |  |
(Discounts), premium and debt costs, net | (757) |  |
Long-term debt, net assets held for sale | 249,243 |  |
Long-term debt | 249,243 |  |
Term Loan | Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | 0 |  |
Senior Unsecured Note |  |  |
Debt Instrument |  |  |
2021 (nine months) | 0 |  |
2022 | 0 |  |
2023 | 0 |  |
2024 | 0 |  |
2025 | 1,350,000 |  |
Thereafter | 2,950,000 |  |
Total debt before discount, net | 4,300,000 |  |
(Discounts), premium and debt costs, net | (44,303) |  |
Long-term debt, net assets held for sale | 4,255,697 |  |
Long-term debt | $ 4,255,697 |  |
Weighted-average maturity | 8 years |  |
Weighted-average interest rate (as a percent) | 3.77% |  |
Senior Unsecured Note | Interest Rate 2021 (nine months) |  |  |
Debt Instrument |  |  |
Coupon Rate | 0.00% |  |
Senior Unsecured Note | Interest Rate 2022 |  |  |
Debt Instrument |  |  |
Coupon Rate | 0.00% |  |
Senior Unsecured Note | Interest Rate 2023 |  |  |
Debt Instrument |  |  |
Coupon Rate | 0.00% |  |
Senior Unsecured Note | Interest Rate 2024 |  |  |
Debt Instrument |  |  |
Coupon Rate | 0.00% |  |
Senior Unsecured Note | Interest Rate 2025 |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.93% |  |
Senior Unsecured Note | Interest Rate Thereafter |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.68% |  |
Senior Unsecured Note | Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | $ 0 |  |
Senior Unsecured Note | Minimum |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.10% |  |
Senior Unsecured Note | Maximum |  |  |
Debt Instrument |  |  |
Coupon Rate | 6.91% |  |
Mortgage Debt |  |  |
Debt Instrument |  |  |
2021 (nine months) | $ 11,572 |  |
2022 | 4,843 |  |
2023 | 89,874 |  |
2024 | 3,050 |  |
2025 | 3,209 |  |
Thereafter | 102,789 |  |
Total debt before discount, net | 215,337 | $ 217,000 | $ 36,000
(Discounts), premium and debt costs, net | 4,622 |  |
Long-term debt, net assets held for sale | 219,959 |  |
Long-term debt | $ 498,131 |  |
Weighted-average maturity | 4 years |  |
Weighted-average interest rate (as a percent) | 3.73% |  |
Mortgage Debt | Interest Rate 2021 (nine months) |  |  |
Debt Instrument |  |  |
Coupon Rate | 4.86% |  |
Mortgage Debt | Interest Rate 2022 |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.80% |  |
Mortgage Debt | Interest Rate 2023 |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.80% |  |
Mortgage Debt | Interest Rate 2024 |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.80% |  |
Mortgage Debt | Interest Rate 2025 |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.80% |  |
Mortgage Debt | Interest Rate Thereafter |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.54% |  |
Mortgage Debt | Held-for-sale |  |  |
Debt Instrument |  |  |
Debt on assets held for sale and discontinued operations | $ 278,172 |  |
Mortgage Debt | Held-for-sale | Debt Maturing In 2027 |  |  |
Debt Instrument |  |  |
Weighted-average interest rate (as a percent) | 3.45% |  |
Mortgage Debt | Held-for-sale | Debt Maturing In 2044 |  |  |
Debt Instrument |  |  |
Weighted-average interest rate (as a percent) | 5.88% |  |
Mortgage Debt | Minimum |  |  |
Debt Instrument |  |  |
Coupon Rate | 3.42% |  |
Mortgage Debt | Maximum |  |  |
Debt Instrument |  |  |
Coupon Rate | 5.91% |  |

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