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v3.25.1

Debt Financing - Narrative (Details) |  | 1 Months Ended | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Jan. 21, 2025 USD ($) | Jan. 31, 2025 USD ($) | Mar. 31, 2025 USD ($) aircraft | May 05, 2025 USD ($) | Apr. 30, 2025 USD ($) | Dec. 31, 2024 USD ($) aircraft
Debt Instrument [Line Items] |  |  |  |  |  |
Composite interest rate |  |  | 4.26% |  |  | 4.14%
Debt outstanding |  |  | $ 20,058,245,000 |  |  | $ 20,389,907,000
Senior unsecured securities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | 14,624,364,000 |  |  | 16,046,662,000
Revolving Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | $ 0 |  |  | 170,000,000
Interest margin |  |  | 1.05% |  |  |
Facility fee |  |  | 0.20% |  |  |
Revolving Credit Facility | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  |  |  | $ 8,200,000,000 |  |
Revolving Credit Facility | Mature May 5, 2029 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  |  | 7,800,000,000 |  |
Revolving Credit Facility | Mature May 5, 2028 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  |  | 125,000,000 |  |
Revolving Credit Facility | Mature May 5, 2027 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  |  | 25,000,000 |  |
Revolving Credit Facility | Mature May 5, 2026 | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Line of credit, noncurrent |  |  |  | $ 210,000,000 |  |
Tranche B | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 250,000,000 |
Other revolving credit facilities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | $ 200,000,000 |  |  | 0
Interest margin |  |  | 1.25% |  |  |
Unsecured Term Loan Due 2026 | Total unsecured debt financing |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest margin |  | 1.15% |  |  |  |
Aggregate principal amount |  | $ 100,000,000 |  |  |  |
Debt instrument, term |  | 1 year |  |  |  |
Credit spread adjustment |  | 0.10% |  |  |  |
Term financings |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | $ 3,807,900,000 |  |  | 3,628,600,000
Secured Debt |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | $ 537,481,000 |  |  | $ 544,645,000
Number of aircraft pledged as collateral | aircraft |  |  | 10 |  |  | 10
Net book value of aircraft pledged as collateral |  |  | $ 764,900,000 |  |  | $ 772,700,000
Commercial paper |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt outstanding |  |  | $ 888,500,000 |  |  | $ 0
Maximum commercial paper amount outstanding | $ 2,000,000,000 |  |  |  |  |
Weighted average interest rate |  |  | 4.86% |  |  |
Weighted average maturity |  |  | 1 month |  |  |

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-4 + Details
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