v3.25.4
Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments The following table summarizes our fixed-senior unsecured notes (the Notes) and the carrying amount of our long-term debt (in millions, except percentages):
MaturityStated Interest RateEffective Interest RateDecember 31, 2025December 31, 2024
August 2022 Notes2027 - 2062
3.50% - 4.65%
3.63% - 4.71%
$10,000 $10,000 
May 2023 Notes2028 - 2063
4.60% - 5.75%
4.68% - 5.79%
8,500 8,500 
August 2024 Notes2029 - 2064
4.30% - 5.55%
4.42% - 5.60%
10,500 10,500 
November 2025 Notes2030 - 2065
4.20% - 5.75%
4.27% - 5.77%
30,000 — 
Total face amount of long-term debt59,000 29,000 
Unamortized discount and issuance costs, net(256)(174)
Long-term debt$58,744 $28,826 
Schedule of Maturities of Long-Term Debt
As of December 31, 2025, future principal payments for the Notes, by year, are as follows (in millions):
2026$— 
20272,750 
20281,500 
20291,000 
20305,000 
Thereafter48,750 
Total$59,000