XML 111 R97.htm IDEA: XBRL DOCUMENT
v3.22.4

Debt - Bank Line of Credit and Term Loans (Details) |  |  | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Aug. 22, 2022 USD ($) loan | May 23, 2019 USD ($) renewal_option | Oct. 31, 2022 USD ($) | Sep. 30, 2021 USD ($) renewal_option | Jul. 31, 2021 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) derivative_held | Aug. 31, 2022 derivative_held | May 31, 2019 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Bank line of credit and commercial paper |  |  |  |  |  | $ 995,606,000 | $ 1,165,975,000 |  |
Debt instrument, term (in months) |  |  |  |  |  | 2 months | 2 months |  |
Long-term debt |  |  |  |  |  | $ 6,497,613,000 |  |  |
Interest rate swap instruments |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Number of interest-rate contracts held | derivative_held |  |  |  |  |  |  | 0 |  |
Interest rate swap instruments | Designated as Hedging Instrument |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Number of interest-rate contracts held | derivative_held |  |  |  |  |  |  |  | 2 |
Line of Credit and Term Loan |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument, covenant debt to assets (as a percent) |  |  |  |  |  | 60.00% |  |  |
Debt instrument, covenant secured debt to assets (as a percent) |  |  |  |  |  | 40.00% |  |  |
Debt instrument, covenant unsecured debt to unencumbered assets (as a percent) |  |  |  |  |  | 60.00% |  |  |
Debt instrument, covenant minimum fixed charge coverage ratio |  |  |  |  |  | 1.5 |  |  |
Debt instrument, covenant net worth |  |  |  |  |  | $ 7,700,000,000 |  |  |
2022 Term Loan Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument, covenant debt to assets (as a percent) |  |  |  |  |  | 60.00% |  |  |
Debt instrument, covenant secured debt to assets (as a percent) |  |  |  |  |  | 40.00% |  |  |
Debt instrument, covenant unsecured debt to unencumbered assets (as a percent) |  |  |  |  |  | 60.00% |  |  |
Debt instrument, covenant minimum fixed charge coverage ratio |  |  |  |  |  | 1.5 |  |  |
Number of loans | loan | 2 |  |  |  |  |  |  |  |
Debt instrument, covenant net worth, minimum |  |  |  |  |  | $ 7,700,000,000 |  |  |
2022 Term Loan Agreement | Interest rate swap instruments |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Fixed interest rate |  |  |  |  |  | 3.77% |  |  |
Bank Line of Credit |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  |  | $ 0 |  |  |
Bank Line of Credit | Revolving Credit Facility |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 2,500,000,000 |  | $ 3,000,000,000 |  |  |  |  |
Number of extensions (in renewal options) | renewal_option |  | 2 |  | 2 |  |  |  |  |
Length of debt instrument extension period |  | 6 months |  | 6 months |  |  |  |  |
Debt instrument, interest rate, reduction available for sustainability metrics |  |  |  |  |  | 0.00025 |  |  |
Debt instrument, facility fee (as a percent) |  |  |  |  |  | 0.15% |  |  |
Bank line of credit and commercial paper |  |  |  |  |  | $ 0 | $ 0 |  |
Line of credit facility additional aggregate amount, maximum |  |  |  |  |  | $ 750,000,000 |  |  |
Bank Line of Credit | Revolving Credit Facility | LIBOR |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Loan, basis spread on variable rate |  |  |  |  |  | 0.75% |  |  |
Bank Line of Credit | 2019 Term Loan |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  |  |  | $ 250,000,000
Repayments of long-term lines of credit |  |  |  |  | $ 250,000,000 |  |  |  |
Bank Line of Credit | Term Loan Facilities | 2022 Term Loan Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Length of debt instrument extension period | 1 year |  |  |  |  |  |  |  |
Face amount | $ 500,000,000 |  |  |  |  |  |  |  |
Debt instrument, interest rate, reduction available for sustainability metrics | 0.0001 |  |  |  |  |  |  |  |
Debt instrument, period after closing | 180 days |  |  |  |  |  |  |  |
Debt instrument, term (in months) | 4 years 6 months |  |  |  |  |  |  |  |
Proceeds from draw of debt |  |  | $ 500,000,000 |  |  |  |  |  |
Long-term debt |  |  |  |  |  | $ 500,000,000 |  |  |
Margin rate (as a percent) |  |  |  |  |  | 0.85% |  |  |
Line of credit facility, loan feature, higher borrowing capacity option | $ 500,000,000 |  |  |  |  |  |  |  |
Bank Line of Credit | Term Loan Facilities One | 2022 Term Loan Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity | 250,000,000 |  |  |  |  |  |  |  |
Bank Line of Credit | Term Loan Facilities Two | 2022 Term Loan Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity | $ 250,000,000 |  |  |  |  |  |  |  |
Debt instrument, term (in months) | 5 years |  |  |  |  |  |  |  |

X
- Definition The limit of the ratio of Consolidated Total Indebtedness to Consolidated Total Asset Value contained in the debt covenants. + References No definition available. + Details
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- Definition The required minimum Fixed Charge Coverage ratio contained in the debt covenants. + References No definition available. + Details
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- Definition The required Minimum Consolidated Tangible Net Worth contained in the debt covenants. + References No definition available. + Details
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- Definition The required Minimum Consolidated Tangible Net Worth contained in the debt covenants. + References No definition available. + Details
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- Definition The limit of the ratio of Secured Debt to Consolidated Total Asset Value contained in the debt covenants. + References No definition available. + Details
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- Definition The limit of the ratio of Unsecured Debt to Consolidated Unencumbered Asset Value contained in the debt covenants. + References No definition available. + Details
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- Definition Debt Instrument, Draw Time Period After Closing + References No definition available. + Details
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- Definition Debt Instrument, Interest Rate, Reduction Available For Sustainability Metrics + References No definition available. + Details
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- Definition Debt Instrument, Margin Rate + References No definition available. + Details
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- Definition Debt Instrument, Number of Extensions + References No definition available. + Details
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- Definition Represents the length of the debt instrument extension period. + References No definition available. + Details
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X
- Definition This element represents the maximum additional borrowing capacity available under the credit facility, subject to customary conditions. + References No definition available. + Details
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Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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- Definition Line of Credit Facility, Loan Feature, Higher Borrowing Capacity Option + References No definition available. + Details
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X
- Definition Number Of Loans + References No definition available. + Details
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
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- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Number of interest rate derivative instruments held by the entity at the reporting date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 + Details
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- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
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- Definition The cash outflow for the settlement of obligation drawn from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
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