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Debt - Schedule of Long-term Debt Instruments (Details) - USD ($) | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020 | Feb. 01, 2019
Debt |  |  |
Finance leases | $ 1,000,000 | $ 1,000,000 |
Total Debt | 8,888,000,000 | 8,509,000,000 |
Less: total current maturities | 1,000,000 | 1,000,000 |
Less: total deferred financing costs | 9,000,000 | 9,000,000 |
Total long-term debt | 8,878,000,000 | 8,499,000,000 |
Pandora |  |  |
Debt |  |  |
Letters of credit outstanding | 1,000,000 |  |
Senior Secured Revolving Credit Facility |  |  |
Debt |  |  |
Principal amount | 1,023,000,000 |  |
Carrying value | $ 1,023,000,000 | 649,000,000 |
Credit facility, unused capacity, commitment fee percentage | 0.25% |  |
1.75% Senior Notes Due 2023 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 1.75% |  |
Senior Notes | 3.875% Senior Notes Due 2022 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 3.875% |  |
Principal amount | $ 1,000,000,000 |  |
Carrying value | $ 998,000,000 | 997,000,000 |
Senior Notes | 1.75% Senior Notes Due 2023 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 1.75% |  |
Principal amount | $ 193,000,000 |  |
Carrying value | $ 172,000,000 | 170,000,000 |
Senior Notes | 4.625% Senior Notes Due 2024 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 4.625% |  |
Principal amount | $ 1,500,000,000 |  |
Carrying value | $ 1,489,000,000 | 1,488,000,000 |
Senior Notes | 5.375% Senior Notes Due 2026 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 5.375% |  |
Principal amount | $ 1,000,000,000 |  |
Carrying value | $ 993,000,000 | 993,000,000 |
Senior Notes | 5.00% Senior Notes Due 2027 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 5.00% |  |
Principal amount | $ 1,500,000,000 |  |
Carrying value | $ 1,490,000,000 | 1,490,000,000 |
Senior Notes | 5.500% Senior Notes Due 2029 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 5.50% |  |
Principal amount | $ 1,250,000,000 |  |
Carrying value | $ 1,238,000,000 | 1,237,000,000 |
Senior Notes | 4.125% Senior Notes Due 2030 |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 4.125% |  |
Principal amount | $ 1,500,000,000 |  |
Carrying value | $ 1,484,000,000 | $ 1,484,000,000 |
Senior Notes | 1.75% Senior Notes Due 2020 | Pandora |  |  |
Debt |  |  |
Stated interest rate (as a percent) | 1.75% |  |
Short-term debt |  |  | $ 193,000,000
Line of Credit | Senior Secured Revolving Credit Facility |  |  |
Debt |  |  |
Line of credit facility | $ 1,750,000,000 |  |

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