Free Writing Prospectus - Form FWP

5.450% Senior Notes due 2031

The new 2031 notes will be treated as a single series with the Issuer's $1.0 billion aggregate principal amount of 5.450% Senior Notes due 2031 issued on February 23, 2024 (the "existing 2031 notes", and together with the new 2031 notes, the "2031 notes") for all purposes under the indenture and will have identical terms with the existing 2031 notes, other than their issue date and public offering price. The new 2031 notes will have the same CUSIP and ISIN numbers as, and will vote together and will be fungible with, the existing 2031 notes immediately upon issuance. Upon issuance of the new 2031 notes, the aggregate principal amount of the 2031 notes will be $1,750,000,000.

CUSIP: 404119 CT4

ISIN: US404119CT49

Prior to February 1, 2031, the 2031 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption, or "make-whole," price equal to the greater of:

(i) 100% of the aggregate principal amount of the 2031 notes to be redeemed, and

(ii)  an amount equal to the sum of the present value of (a) the payment on February 1, 2031 of principal of the 2031 notes to be redeemed and (b) the payment of the remaining scheduled payments through February 1, 2031 of interest on the 2031 notes to be redeemed (excluding accrued and unpaid interest to the redemption date and subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date) discounted from their scheduled date of payment to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 20 basis points

plus, in each of clauses (i) and (ii) above, accrued and unpaid interest, if any, to such redemption date.

On and after February 1, 2031, the 2031 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption price equal to 100% of the principal amount of such 2031 notes plus accrued and unpaid interest, if any, to such redemption date.

CUSIP: 404121 AK1

ISIN: US404121AK12

Prior to June 15, 2034, the 2034 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption, or "make-whole," price equal to the greater of:

(i) 100% of the aggregate principal amount of the 2034 notes to be redeemed, and

(ii)  an amount equal to the sum of the present value of (a) the payment on June 15, 2034 of principal of the 2034 notes to be redeemed and (b) the payment of the remaining scheduled payments through June 15, 2034 of interest on the 2034 notes to be redeemed (excluding accrued and unpaid interest to the redemption date and subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date) discounted from their scheduled date of payment to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 25 basis points

plus, in each of clauses (i) and (ii) above, accrued and unpaid interest, if any, to such redemption date.

On and after June 15, 2034, the 2034 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption price equal to 100% of the principal amount of such 2034 notes plus accrued and unpaid interest, if any, to such redemption date.

CUSIP: 404121 AL9

ISIN: US404121AL94

Prior to March 15, 2054, the 2054 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption, or "make-whole," price equal to the greater of:

(i) 100% of the aggregate principal amount of the 2054 notes to be redeemed, and

(ii)  an amount equal to the sum of the present value of (a) the payment on March 15, 2054 of principal of the 2054 notes to be redeemed and (b) the payment of the remaining scheduled payments through March 15, 2054 of interest on the 2054 notes to be redeemed (excluding accrued and unpaid interest to the redemption date and subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date) discounted from their scheduled date of payment to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 30 basis points

plus, in each of clauses (i) and (ii) above, accrued and unpaid interest, if any, to such redemption date.

On and after March 15, 2054, the 2054 notes will be redeemable, at our option, at any time in whole or from time to time in part, at a redemption price equal to 100% of the principal amount of such 2054 notes plus accrued and unpaid interest, if any, to such redemption date.

We estimate that our net proceeds from this offering, after deducting underwriting discounts and estimated offering expenses, excluding accrued interest on the new 2031 notes, will be approximately $2,984,893,500.

We intend to use the net proceeds from this offering for general corporate purposes, which may include the repayment of borrowings outstanding under our senior asset-based revolving credit facility.

Citigroup Global Markets Inc.

BofA Securities, Inc.

J.P. Morgan Securities LLC

Wells Fargo Securities, LLC

Barclays Capital Inc.

Capital One Securities, Inc.

Goldman Sachs & Co. LLC

Mizuho Securities USA LLC

Morgan Stanley & Co. LLC

RBC Capital Markets, LLC

SMBC Nikko Securities Americas, Inc.

Truist Securities, Inc.

Credit Agricole Securities (USA) Inc.

Fifth Third Securities, Inc.

PNC Capital Markets LLC

Scotia Capital (USA) Inc.

BNP Paribas Securities Corp.

CIBC World Markets Corp.

DNB Markets, Inc.

NatWest Markets Securities Inc.

Regions Securities LLC

August 12, 2024 (T+3)

We expect that delivery of the notes will be made to investors on or about August 12, 2024, which will be the third business day following the date of this pricing term sheet (such settlement being referred to as "T+3"). Under Rule 15c6-1 under the Exchange Act, trades in the secondary market are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes prior to the delivery of the notes hereunder will be required, by virtue of the fact that the notes initially settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the notes who wish to trade the notes prior to their date of delivery hereunder should consult their advisors.