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As of June 30, 2026
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(dollars in millions)
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Actual
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As Adjusted
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Cash and equivalents
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| | | $ | 6,569 | | | | | $ | | | |
| Total debt and lease obligations: | | | | | | | | | | | | | |
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Commercial paper
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| | | | — | | | | | | — | | |
|
Revolving credit facility due 2028 (up to $5 billion)
|
| | | | — | | | | | | — | | |
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Revolving credit facility due 2030 (up to $3 billion)
|
| | | | — | | | | | | — | | |
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Term loan facility due 2027
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| | | | 2,000 | | | | | | 2,000 | | |
|
2.95% senior notes due 2026
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| | | | 4,000 | | | | | | 4,000 | | |
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0.75% senior euro notes due 2027 (€750 principal)(a)
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| | | | 854 | | | | | | 854 | | |
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4.80% senior notes due 2027
|
| | | | 2,250 | | | | | | 2,250 | | |
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Senior floating rate notes due 2028
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| | | | 750 | | | | | | 750 | | |
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3.775% senior notes due 2028
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| | | | 1,500 | | | | | | 1,500 | | |
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4.25% senior notes due 2028
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| | | | 1,750 | | | | | | 1,750 | | |
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4.65% senior notes due 2028
|
| | | | 1,250 | | | | | | 1,250 | | |
|
2.125% senior euro notes due 2028 (€750 principal)(a)
|
| | | | 854 | | | | | | 854 | | |
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2.625% senior euro notes due 2028 (€500 principal)(a)
|
| | | | 569 | | | | | | 569 | | |
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3.20% senior notes due 2029
|
| | | | 5,500 | | | | | | 5,500 | | |
|
2.125% senior euro notes due 2029 (€550 principal)(a)
|
| | | | 626 | | | | | | 626 | | |
|
4.80% senior notes due 2029
|
| | | | 2,500 | | | | | | 2,500 | | |
|
4.875% senior notes due 2030
|
| | | | 1,000 | | | | | | 1,000 | | |
|
1.25% senior euro notes due 2031 (€650 principal)(a)
|
| | | | 741 | | | | | | 741 | | |
|
4.125% senior notes due 2031
|
| | | | 1,250 | | | | | | 1,250 | | |
|
4.95% senior notes due 2031
|
| | | | 2,000 | | | | | | 2,000 | | |
|
4.40% senior notes due 2033
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| | | | 1,250 | | | | | | 1,250 | | |
|
5.05% senior notes due 2034
|
| | | | 3,000 | | | | | | 3,000 | | |
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4.50% senior notes due 2035
|
| | | | 2,500 | | | | | | 2,500 | | |
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4.55% senior notes due 2035
|
| | | | 1,789 | | | | | | 1,789 | | |
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5.20% senior notes due 2035
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| | | | 1,000 | | | | | | 1,000 | | |
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4.75% senior notes due 2036
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| | | | 1,500 | | | | | | 1,500 | | |
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4.30% senior notes due 2036
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| | | | 1,000 | | | | | | 1,000 | | |
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4.05% senior notes due 2039
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| | | | 4,000 | | | | | | 4,000 | | |
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4.40% senior notes due 2042
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| | | | 2,600 | | | | | | 2,600 | | |
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4.625% senior notes due 2042
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| | | | 457 | | | | | | 457 | | |
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4.85% senior notes due 2044
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| | | | 1,074 | | | | | | 1,074 | | |
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As of June 30, 2026
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(dollars in millions)
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Actual
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As Adjusted
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5.35% senior notes due 2044
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| | | | 750 | | | | | | 750 | | |
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4.70% senior notes due 2045
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| | | | 2,700 | | | | | | 2,700 | | |
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4.75% senior notes due 2045
|
| | | | 881 | | | | | | 881 | | |
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4.45% senior notes due 2046
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| | | | 2,000 | | | | | | 2,000 | | |
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4.875% senior notes due 2048
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| | | | 1,750 | | | | | | 1,750 | | |
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4.25% senior notes due 2049
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| | | | 5,750 | | | | | | 5,750 | | |
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5.40% senior notes due 2054
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| | | | 3,000 | | | | | | 3,000 | | |
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5.60% senior notes due 2055
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| | | | 750 | | | | | | 750 | | |
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5.55% senior notes due 2056
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| | | | 1,250 | | | | | | 1,250 | | |
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5.50% senior notes due 2064
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| | | | 1,500 | | | | | | 1,500 | | |
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5.65% senior notes due 2066
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| | | | 500 | | | | | | 500 | | |
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Notes offered hereby:
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| | | | | | | | | | | | |
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senior floating rate notes due 20
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| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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% senior notes due 20
|
| | | | — | | | | | | | | |
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Fair value hedges(b)
|
| | | | (83) | | | | | | (83) | | |
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Unamortized bond discounts(b)
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| | | | (124) | | | | | | (124) | | |
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Unamortized deferred financing costs(b)
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| | | | (285) | | | | | | (285) | | |
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Unamortized bond premiums(b)
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| | | | 478 | | | | | | 478 | | |
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Other(b)
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| | | | 441 | | | | | | 441 | | |
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Stockholders’ equity (deficit)
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| | | | (5,935) | | | | | | (5,935) | | |
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Total capitalization
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| | | $ | 64,887 | | | | | | | | |
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Underwriter
|
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Principal
Amount of Floating Rate Notes to be Purchased |
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Principal
Amount of 20 Notes to be Purchased |
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Principal
Amount of 20 Notes to be Purchased |
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Principal
Amount of 20 Notes to be Purchased |
| |
Principal
Amount of 20 Notes to be Purchased |
| |
Principal
Amount of 20 Notes to be Purchased |
| |
Principal
Amount of 20 Notes to be Purchased |
| |
Principal
Amount of 20 Notes to be Purchased |
| |
Principal
Amount of 20 Notes to be Purchased |
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Morgan Stanley & Co. LLC
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BofA Securities, Inc.
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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J.P. Morgan Securities LLC
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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SG Americas Securities, LLC
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Total
|
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | | | | $ | | | | |||||||
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