Outstanding Debt | The table below presents the components of outstanding debt (in millions). | | | | | | | | | | | | December 31, | | | 2016 | | 2015 | 5.625% Senior notes, semi-annual interest, due August 2019 | | $ | 500 |
| | $ | 500 |
| 5.05% Senior notes, semi-annual interest, due June 2020 | | 1,300 |
| | 1,300 |
| 4.375% Senior notes, semi-annual interest, due June 2021 | | 650 |
| | 650 |
| 2.375% Senior notes, euro denominated, annual interest, due March 2022 | | 314 |
| | 328 |
| 3.30% Senior notes, semi-annual interest, due May 2022 | | 500 |
| | 500 |
| 3.25% Senior notes, semi-annual interest, due April 2023 | | 350 |
| | 350 |
| 3.45% Senior notes, semi-annual interest, due March 2025 | | 300 |
| | 300 |
| 4.90% Senior notes, semi-annual interest, due March 2026 | | 500 |
| | — |
| 1.90% Senior notes, euro denominated, annual interest, due March 2027 | | 627 |
| | 656 |
| 6.35% Senior notes, semi-annual interest, due June 2040 | | 850 |
| | 850 |
| 4.95% Senior notes, semi-annual interest, due May 2042 | | 500 |
| | 500 |
| 4.875% Senior notes, semi-annual interest, due April 2043 | | 850 |
| | 850 |
| Revolving credit facility | | 550 |
| | 782 |
| Commercial paper | | 48 |
| | 93 |
| Capital lease obligations | | 151 |
| | 142 |
| Total debt | | 7,990 |
| | 7,801 |
| Unamortized discount and debt issuance costs | | (67 | ) | | (66 | ) | Debt, net | | 7,923 |
| | 7,735 |
| Current portion of debt | | (82 | ) | | (119 | ) | Noncurrent portion of debt | | $ | 7,841 |
| | $ | 7,616 |
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Debt Repayment Schedule | The following table presents a summary of scheduled and estimated debt payments, excluding the revolving credit facility, commercial paper borrowings and capital lease obligations, for the succeeding five years based on the amount of debt outstanding as of December 31, 2016 (in millions). | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | Thereafter | Long-term debt repayments | | $ | — |
| | $ | — |
| | $ | 500 |
| | $ | 1,300 |
| | $ | 650 |
| | $ | 4,791 |
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