v3.26.1
DEBT AND CREDIT FACILITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Carrying Amount of Borrowings Under Various Financing Arrangements
The following table summarizes the carrying amount of our borrowings under various financing arrangements:
(in millions)Carrying Amount
Type of BorrowingIssue DateMaturity DateInterest RateMarch 31, 2026December 31, 2025
Senior UnsecuredSeptember 2015March 20263.65%— 2,750 
Senior UnsecuredSeptember 2016March 20272.95%1,249 1,249 
Senior UnsecuredSeptember 2020October 20271.20%749 749 
Senior UnsecuredNovember 2024November 20294.80%747 747 
Senior UnsecuredSeptember 2020October 20301.65%996 996 
Senior UnsecuredSeptember 2023October 20335.25%994 994 
Senior UnsecuredNovember 2024June 20355.10%992 992 
Senior UnsecuredSeptember 2015September 20354.60%994 994 
Senior UnsecuredSeptember 2016September 20364.00%744 744 
Senior UnsecuredSeptember 2020October 20402.60%990 990 
Senior UnsecuredDecember 2011December 20415.65%997 997 
Senior UnsecuredMarch 2014April 20444.80%1,738 1,738 
Senior UnsecuredNovember 2014February 20454.50%1,736 1,736 
Senior UnsecuredSeptember 2015March 20464.75%2,225 2,225 
Senior UnsecuredSeptember 2016March 20474.15%1,731 1,731 
Senior UnsecuredSeptember 2020October 20502.80%1,480 1,480 
Senior UnsecuredSeptember 2023October 20535.55%989 989 
Senior UnsecuredNovember 2024November 20545.50%989 989 
Senior UnsecuredNovember 2024November 20645.60%739 739 
Total senior unsecured notes21,080 23,827 
Liability related to future royalties1,094 1,110 
Total debt, net22,174 24,937 
Less: Current portion of long-term debt, net1,313 2,807 
Total Long-term debt, net$20,861 $22,129