XML 95 R83.htm IDEA: XBRL DOCUMENT v3.24.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Carrying and Fair Values of Debt Obligations (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding $ 13,034 $ 11,905
Fair value disclosures of long-term debt 12,960  
2024-1 CLO Notes (principal amount outstanding of $476 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 702  
Line of Credit | Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,413 1,413
Line of Credit | Revolving Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 880 863
Line of Credit | SMBC Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 515 401
Line of Credit | BNP Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 550 575
Convertible Debt | 2024-1 CLO Notes (principal amount outstanding of $476 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding   0
Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $0 and $403, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 0 403
Senior Notes | June 2024 Notes (principal amount outstanding of $0 and $900, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 0 900
Senior Notes | March 2025 Notes (principal amount outstanding of $600)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 600 600
Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,250 1,250
Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,150 1,150
Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,000 1,000
Senior Notes | January 2027 Notes (principal amount outstanding of $900)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 900 900
Senior Notes | June 2027 Notes (principal amount outstanding of $500)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 500 500
Senior Notes | June 2028 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,250 1,250
Senior Notes | March 2029 Notes (principal amount outstanding of $1,000 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 1,000 0
Senior Notes | July 2029 Notes (principal amount outstanding of $850 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 850 0
Senior Notes | November 2031 Notes (principal amount outstanding of $700)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Principal amount of debt outstanding 700 700
Carrying value    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 12,960 11,884
Carrying value | Revolving Credit Facility | Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt   1,413
Carrying value | Revolving Credit Facility | Revolving Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt   863
Carrying value | Line of Credit | SMBC Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt   401
Carrying value | Line of Credit | BNP Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt   575
Carrying value | Revolving Credit Facility | Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,413  
Carrying value | Revolving Credit Facility | Revolving Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 880  
Carrying value | Line of Credit | SMBC Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 515  
Carrying value | Line of Credit | BNP Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 550  
Carrying value | Convertible Debt | 2024-1 CLO Notes (principal amount outstanding of $476 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 473 0
Carrying value | Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $0 and $403, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 0 402
Carrying value | Senior Notes | June 2024 Notes (principal amount outstanding of $0 and $900, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 0 899
Carrying value | Senior Notes | March 2025 Notes (principal amount outstanding of $600)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 599 599
Carrying value | Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,253 1,255
Carrying value | Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,147 1,146
Carrying value | Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 994 993
Carrying value | Senior Notes | January 2027 Notes (principal amount outstanding of $900)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 889 905
Carrying value | Senior Notes | June 2027 Notes (principal amount outstanding of $500)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 496 495
Carrying value | Senior Notes | June 2028 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,247 1,247
Carrying value | Senior Notes | March 2029 Notes (principal amount outstanding of $1,000 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 971 0
Carrying value | Senior Notes | July 2029 Notes (principal amount outstanding of $850 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 841 0
Carrying value | Senior Notes | November 2031 Notes (principal amount outstanding of $700)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 692 691
Fair value    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 12,553 11,447
Fair value | Revolving Credit Facility | Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,413 1,413
Fair value | Revolving Credit Facility | Revolving Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 880 863
Fair value | Line of Credit | SMBC Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 515 401
Fair value | Line of Credit | BNP Funding Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 550 575
Fair value | Convertible Debt | 2024-1 CLO Notes (principal amount outstanding of $476 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 476 0
Fair value | Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $0 and $403, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 0 417
Fair value | Senior Notes | June 2024 Notes (principal amount outstanding of $0 and $900, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 0 893
Fair value | Senior Notes | March 2025 Notes (principal amount outstanding of $600)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 593 587
Fair value | Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,216 1,198
Fair value | Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,111 1,107
Fair value | Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 924 913
Fair value | Senior Notes | January 2027 Notes (principal amount outstanding of $900)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 915 927
Fair value | Senior Notes | June 2027 Notes (principal amount outstanding of $500)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 457 458
Fair value | Senior Notes | June 2028 Notes (principal amount outstanding of $1,250)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 1,107 1,109
Fair value | Senior Notes | March 2029 Notes (principal amount outstanding of $1,000 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 984 0
Fair value | Senior Notes | July 2029 Notes (principal amount outstanding of $850 and $0, respectively)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt 834 0
Fair value | Senior Notes | November 2031 Notes (principal amount outstanding of $700)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value disclosures of long-term debt $ 578 $ 586