v3.26.3
Debt - Long-Term Debt Maturities (Detail) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
2026 [1] $ 1,190,519  
2027 [1] 2,045,692  
2028 2,728,004  
2029 3,391,541  
2030 3,069,278  
Thereafter 24,925,457  
Subtotal 37,350,491  
Unamortized premiums (discounts), net (379,347)  
Unamortized debt issuance costs, net (138,662)  
Total [2] 36,832,482 $ 35,037,073
Credit Facilities and Commercial Paper [Member]    
Debt Instrument [Line Items]    
2026 [1] 785,686  
2027 [1] 0  
2028 0  
2029 0  
2030 0  
Thereafter 0  
Subtotal 785,686  
Unamortized premiums (discounts), net 0  
Unamortized debt issuance costs, net 0  
Total [2] 785,686 44,679
Senior Notes [Member]    
Debt Instrument [Line Items]    
2026 [1] 399,879  
2027 [1] 1,970,029  
2028 2,571,753  
2029 3,365,073  
2030 3,031,771  
Thereafter 23,180,803  
Subtotal 34,519,308  
Unamortized premiums (discounts), net (385,117)  
Unamortized debt issuance costs, net (131,748)  
Total [2] 34,002,443 32,887,971
Term Loans and Unsecured Other [Member]    
Debt Instrument [Line Items]    
2026 [1] 3  
2027 [1] 45,887  
2028 139,793  
2029 14,638  
2030 31,848  
Thereafter 1,595,151  
Subtotal 1,827,320  
Unamortized premiums (discounts), net 0  
Unamortized debt issuance costs, net (6,101)  
Total [2] 1,821,219 1,908,723
Secured Mortgage [Member]    
Debt Instrument [Line Items]    
2026 [1] 4,951  
2027 [1] 29,776  
2028 16,458  
2029 11,830  
2030 5,659  
Thereafter 149,503  
Subtotal 218,177  
Unamortized premiums (discounts), net 5,770  
Unamortized debt issuance costs, net (813)  
Total $ 223,134 $ 195,700
[1] We expect to repay the amounts maturing in the next twelve months with cash generated from operations, proceeds from dispositions of real estate properties, or as necessary, with additional borrowings, including drawing on our available Credit Facilities.
[2] We borrow in the functional currencies of the countries where we invest. Included in the outstanding balances were borrowings denominated in the following currencies:

 

 

 

 

September 30, 2026

 

 

December 31, 2025

 

 

 

 

Weighted Average Interest Rate

 

Amount Outstanding

 

 

% of Total

 

 

Weighted Average Interest Rate

 

Amount Outstanding

 

 

% of Total

 

 

British pound sterling

 

3.0%

 

$

1,820,000

 

 

 

4.9

%

 

3.0%

 

$

1,843,931

 

 

 

5.3

%

 

Canadian dollar

 

4.4%

 

 

2,443,735

 

 

 

6.6

%

 

4.4%

 

 

2,004,638

 

 

 

5.7

%

 

Euro

 

2.2%

 

 

12,017,125

 

 

 

32.6

%

 

2.2%

 

 

12,302,104

 

 

 

35.1

%

 

Japanese yen

 

1.5%

 

 

3,195,028

 

 

 

8.7

%

 

1.2%

 

 

2,930,594

 

 

 

8.4

%

 

U.S. dollar

 

4.1%

 

 

16,674,088

 

 

 

45.3

%

 

4.1%

 

 

15,385,826

 

 

 

43.9

%

 

Other

 

3.9%

 

 

682,506

 

 

 

1.9

%

 

3.8%

 

 

569,980

 

 

 

1.6

%

 

Total

 

3.2%

 

$

36,832,482

 

 

 

100.0

%

 

3.2%

 

$

35,037,073

 

 

 

100.0

%