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v3.23.2

Debt Financing - Narrative (Details) | 3 Months Ended | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Jun. 30, 2023 USD ($) aircraft | Jun. 30, 2023 USD ($) aircraft | Aug. 03, 2023 USD ($) | Jul. 31, 2023 USD ($) | May 05, 2023 USD ($) | Dec. 31, 2022 USD ($) aircraft
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding balance | $ 19,089,686,000 | $ 19,089,686,000 |  |  |  | $ 18,823,429,000
Senior unsecured securities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding balance | 17,202,069,000 | 17,202,069,000 |  |  |  | 17,095,116,000
Medium Term Note Program Due 2028 | Total unsecured debt financing |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Principal amount issued | $ 700,000,000 | $ 700,000,000 |  |  |  |
Interest rate | 5.30% | 5.30% |  |  |  |
Trust Certificates Due 2028 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Principal amount issued | $ 600,000,000 | $ 600,000,000 |  |  |  |
Interest rate | 5.85% | 5.85% |  |  |  |
Revolving credit facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding balance | $ 1,000,000,000 | $ 1,000,000,000 |  |  |  | 1,020,000,000
Maximum borrowing capacity |  |  |  |  | $ 7,200,000,000 |
Facility fee |  | 0.20% |  |  |  |
Revolving credit facility | Mature May 5, 2027 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  | $ 6,800,000,000 |  |  |
Revolving credit facility | Mature May 5, 2026 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  | 320,000,000 |  |  |
Revolving credit facility | Mature May 5, 2025 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  | 32,500,000 |  |  |
Revolving credit facility | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest margin |  | 1.05% |  |  |  |
2023 Term Loan | Term financings |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Principal amount issued | $ 650,000,000 | $ 650,000,000 |  |  |  |
Credit spread adjustment | 0.10% | 0.10% |  |  |  |
2023 Term Loan | Term financings | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding balance |  |  | $ 0 |  |  |
Principal amount issued |  |  |  | $ 725,000,000 |  |
2023 Term Loan | Term financings | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest margin | 1.40% |  |  |  |  |
Secured Notes Due 2034 | Total secured debt financing |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Principal amount issued | $ 112,200,000 | $ 112,200,000 |  |  |  |
Number of aircraft pledged as collateral | aircraft | 1 | 1 |  |  |  |
Secured Notes Due 2034 | Total secured debt financing | 3M SOFR |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest margin | 0.42% |  |  |  |  |
Other Debt Financings |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding balance | $ 887,600,000 | $ 887,600,000 |  |  |  | $ 708,300,000
Number of aircraft pledged as collateral | aircraft | 3 | 3 |  |  |  | 3
Net book value of aircraft pledged as collateral | $ 318,200,000 | $ 318,200,000 |  |  |  | $ 212,100,000

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