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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Investments, at fair value $ 15,377.3 [1] $ 16,101.5 [2]
Cash 248.0 258.0
Foreign currency, at fair value (cost—$3 and $119, respectively) 3.0 119.0
Receivable for investments sold and repaid 212.0 567.0
Income receivable 227.0 153.0
Unrealized appreciation on foreign currency forward contracts 25.0 9.0
Deferred financing costs 23.0 16.0
Prepaid expenses and other assets 9.0 5.0
Total assets 16,124.0 17,228.0
Liabilities    
Payable for investments purchased 14.0 2.0
Debt (net of deferred financing costs of $34 and $38, respectively) [3] 8,694.0 9,142.0
Unrealized depreciation on foreign currency forward contracts 1.0 1.0
Stockholder distributions payable 192.0 176.0
Management and investment adviser fees payable 59.0 60.0
Subordinated income incentive fees payable [4] 27.0 19.0
Administrative services expense payable 6.0 5.0
Interest payable 90.0 70.0
Other accrued expenses and liabilities 29.0 23.0
Total liabilities 9,112.0 9,498.0
Commitments and contingencies [5]
Stockholders' equity    
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued and outstanding 0.0 0.0
Common stock, $0.001 par value, 750,000,000 shares authorized, 281,731,750 and 284,543,091 shares issued and outstanding, respectively 0.0 0.0
Capital in excess of par value 9,610.0 9,658.0
Retained earnings (accumulated deficit) [6] (2,598.0) (1,928.0)
Total stockholders' equity 7,012.0 7,730.0
Total liabilities and stockholders' equity $ 16,124.0 $ 17,228.0
Net asset per share of common stock (in dollars per share) [6] $ 24.89 $ 27.17
Non-controlled/unaffiliated    
Assets    
Investments, at fair value $ 12,026.0 $ 12,558.0
Non-controlled/affiliated    
Assets    
Investments, at fair value 443.4 859.0
Controlled/affiliated    
Assets    
Investments, at fair value $ 2,908.4 $ 2,684.1
[1] Fair value determined by the Company’s board of directors (see Note 8).
[2] Fair value determined by the Company’s board of directors (see Note 8).
[3] See Note 9 for a discussion of the Company’s financing arrangements.
[4] See Note 2 and 4 for a discussion of the methodology employed by the Company in calculating the subordinated income incentive fees.
[5] See Note 10 for a discussion of the Company's commitments and contingencies.
[6] See Note 5 for a discussion of the sources of distributions paid by the Company.