| Schedule of Debt |
The following table sets forth the debt balances and activity as of, and for the six months ended, June 30, 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | December 31,
2020 | | Proceeds from Issuances and Borrowings (1) | | | | Note Redemptions (1) | | Repayments | | Reclassifications (1) | | Other (2) | | June 30,
2021 | | Short-term debt | $ | 4,579 | | | $ | — | | | | | $ | — | | | $ | (660) | | | $ | 786 | | | $ | (57) | | | $ | 4,648 | | | Long-term debt | 61,830 | | | 9,768 | | | | | (4,742) | | | — | | | (786) | | | (173) | | | 65,897 | | | Total debt to third parties | 66,409 | | | 9,768 | | | | | (4,742) | | | (660) | | | — | | | (230) | | | 70,545 | | | Short-term debt to affiliates | — | | | — | | | | | — | | | — | | | 2,231 | | | 4 | | | 2,235 | | | Long-term debt to affiliates | 4,716 | | | — | | | | | — | | | — | | | (2,231) | | | 5 | | | 2,490 | | | Total debt | $ | 71,125 | | | $ | 9,768 | | | | | $ | (4,742) | | | $ | (660) | | | $ | — | | | $ | (221) | | | $ | 75,270 | |
(1)Issuances and borrowings, note redemptions, and reclassifications are recorded net of related issuance costs, discounts and premiums. (2)Other includes the amortization of premiums, discounts, debt issuance costs and consent fees.During the six months ended June 30, 2021, we issued the following Senior Notes: | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Principal Issuances | | Premiums and Issuance Costs | | Net Proceeds from Issuance of Long-Term Debt | | Issue Date | 2.250% Senior Notes due 2026 | $ | 1,000 | | | $ | (7) | | | $ | 993 | | | January 14, 2021 | 2.625% Senior Notes due 2029 | 1,000 | | | (7) | | | 993 | | | January 14, 2021 | 2.875% Senior Notes due 2031 | 1,000 | | | (6) | | | 994 | | | January 14, 2021 | 2.625% Senior Notes due 2026 | 1,200 | | | (7) | | | 1,193 | | | March 23, 2021 | 3.375% Senior Notes due 2029 | 1,250 | | | (7) | | | 1,243 | | | March 23, 2021 | 3.500% Senior Notes due 2031 | 1,350 | | | (8) | | | 1,342 | | | March 23, 2021 | 2.250% Senior Notes due 2026 | 800 | | | (2) | | | 798 | | | May 13, 2021 | 3.375% Senior Notes due 2029 | 1,100 | | | 6 | | | 1,106 | | | May 13, 2021 | 3.500% Senior Notes due 2031 | 1,100 | | | 6 | | | 1,106 | | | May 13, 2021 | | Total of Senior Notes issued | $ | 9,800 | | | $ | (32) | | | $ | 9,768 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Debt Instrument Redemption |
During the six months ended June 30, 2021, we made the following note redemptions and repayments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Principal Amount | | Write-off of Issuance Cost and Consent Fees (1) | | Redemption Premium (2) | | Redemption Date | | Redemption Price | 6.500% Senior Notes due 2026 | $ | 2,000 | | | $ | 36 | | | $ | 65 | | | March 27, 2021 | | 103.250 | % | 6.000% Senior Notes due 2023 | 1,300 | | | 10 | | | — | | | May 23, 2021 | | 100.000 | % | 6.000% Senior Notes due 2024 | 1,000 | | | 9 | | | — | | | May 23, 2021 | | 100.000 | % | 5.125% Senior Notes due 2025 | 500 | | | 3 | | | 6 | | | May 23, 2021 | | 101.281 | % | | Total Senior Notes to third parties redeemed | $ | 4,800 | | | $ | 58 | | | $ | 71 | | | | | | | | | | | | | | | | 3.360% Secured Series 2016-1 A-1 Notes due 2021 | $ | 438 | | | $ | — | | | $ | — | | | Various | | N/A | 4.738% Secured Series 2018-1 A-1 Notes due 2025 | 131 | | | — | | | — | | | Various | | N/A | | Other debt | 91 | | | — | | | — | | | Various | | N/A | | Total Repayments | $ | 660 | | | $ | — | | | $ | — | | | | | |
(1)Write-off of issuance costs and consent fees are included in Other expense, net in our Condensed Consolidated Statements of Comprehensive Income. Write-off of issuance costs and consent fees are included in Loss on redemption of debt within Net cash provided by operating activities in our Condensed Consolidated Statements of Cash Flows. (2)The redemption premium is the excess paid over the principal amount. Redemption premiums are included within Net cash used in financing activities in our Condensed Consolidated Statements of Cash Flows.
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