v3.26.3
Debt Facilities (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Our mortgage and loans payable balance consisted of the following (in millions):
September 30,
2026		December 31, 2025
Term loans$5 $673 
Mortgage payable and other loans payable14 30 
19 703 
Less current portion(6)(17)
$13 $686 
Our senior notes balance consisted of the following (in millions):
September 30, 2026December 31, 2025
AmountEffective RateAmountEffective Rate
1.450% Senior Notes due 2026
— 1.64 %700 1.64 %
2.900% Senior Notes due 2026
600 3.04 %600 3.04 %
0.250% Euro Senior Notes due 2027
566 0.45 %587 0.45 %
1.800% Senior Notes due 2027
500 1.96 %500 1.96 %
1.550% Senior Notes due 2028
650 1.67 %650 1.67 %
2.000% Senior Notes due 2028
400 2.21 %400 2.21 %
2.875% Swiss Franc Senior Notes due 2028
359 3.05 %378 3.05 %
3.250% Euro Senior Notes due 2029
850 3.45 %881 3.45 %
5.000% Senior Notes due 2029
850 5.30 %— — %
1.558% Swiss Franc Senior Notes due 2029
120 1.79 %126 1.79 %
3.200% Senior Notes due 2029
1,200 3.30 %1,200 3.30 %
3.500% Singapore Dollar Senior Notes due 2030
391 3.67 %389 3.67 %
3.950% Canadian Dollar Senior Notes due 2030
457 4.17 %— — %
2.150% Senior Notes due 2030
1,100 2.27 %1,100 2.27 %
4.600% Senior Notes due 2030
1,250 4.81 %1,250 4.81 %
3.250% Euro Senior Notes due 2031
737 3.46 %763 3.46 %
4.400% Senior Notes due 2031
700 4.71 %— — %
2.500% Senior Notes due 2031
1,000 2.65 %1,000 2.65 %
5.250% Senior Notes due 2031
850 5.53 %— — %
3.900% Senior Notes due 2032
1,200 4.07 %1,200 4.07 %
2.900% Singapore Dollar Senior Notes due 2032
509 3.01 %505 3.01 %
4.000% Canadian Dollar Senior Notes due 2032
492 4.29 %510 4.29 %
1.000% Euro Senior Notes due 2033
680 1.18 %705 1.18 %
4.700% Senior Notes due 2033
800 4.95 %— — %
5.500% Senior Notes due 2033
650 5.77 %— — %
3.650% Euro Senior Notes due 2033
680 3.78 %705 3.78 %
4.000% Euro Senior Notes due 2034
850 4.17 %881 4.17 %
5.500% Senior Notes due 2034
750 5.74 %750 5.74 %
3.625% Euro Senior Notes due 2034
567 3.75 %587 3.75 %
2.000% Japanese Yen Senior Notes Series A due 2035
239 2.07 %240 2.07 %
2.130% Japanese Yen Senior Notes Series C due 2035
94 2.20 %94 2.20 %
4.750% Canadian Dollar Senior Notes due 2035
422 4.86 %— — %
5.800% Senior Notes due 2036
650 5.98 %— — %
2.370% Japanese Yen Senior Notes Series B due 2043
65 2.42 %65 2.42 %
2.570% Japanese Yen Senior Notes Series D due 2043
29 2.62 %29 2.62 %
2.570% Japanese Yen Senior Notes Series E due 2043
63 2.62 %64 2.62 %
3.000% Senior Notes due 2050
500 3.09 %500 3.09 %
2.950% Senior Notes due 2051
500 3.00 %500 3.00 %
3.400% Senior Notes due 2052
500 3.50 %500 3.50 %
22,820 18,359 
Less amount representing unamortized debt issuance costs and debt discounts(192)(150)
22,628 18,209 
Less current portion(1,665)(1,299)
Total$20,963 $16,910 
Schedule of Maturities of Debt Instruments
The following table sets forth maturities of our debt, including mortgage and loans payable and senior notes, gross of debt issuance costs and debt discounts, as of September 30, 2026 (in millions):
Years ending:
2026 (3 months remaining)$601 
20271,072 
20281,414 
20293,025 
20303,199 
Thereafter13,528 
Total$22,839 
Schedule of Interest Charges Incurred
Other information related to interest is presented in the following tables (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Interest expense$163 $128 $462 $385 
Interest capitalized50 26 120 51 
Interest charges incurred$213 $154 $582 $436 
Nine Months Ended
September 30,
20262025
Interest paid in cash, net of capitalized interest$409 $324