The company issued $25 billion in senior unsecured notes across five tranches: $7B (2031), $6B (2033), $6B (2036), $2.5B (2046), and $3.5B (2056). Interest rates range from 5.350% for the 2031 notes to 6.650% for the 2056 notes. Interest is payable semi-annually on January 15 and July 15, beginning January 15, 2027. The notes are unsecured and rank equally with all existing and future unsubordinated indebtedness. The company entered into a registration rights agreement to exchange these notes for registered notes within 540 days.