FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Dec. 31, 2023

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our financial assets and financial liabilities that are measured at fair value on a recurring basis and their classification under the fair value hierarchy:


	Fair Value Hierarchy	December 31,
		2023		2022
Assets:
Money market funds	Level I	$	49,541	$	141,137
Investment securities pledged as collateral	Level I	—		1,502,145
Prepaid forward contracts (a)	Level II	—		263,873
Interest rate swap contracts	Level II	112,914		185,622
Liabilities:


Contingent consideration related to acquisition	Level III	2,037		8,383

(a)In January 2023, the Company settled its outstanding collateralized indebtedness by delivering the Comcast shares it held and the related equity derivative contracts.

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The carrying values, estimated fair values, and classification under the fair value hierarchy of the Company's financial instruments, excluding those that are carried at fair value in the accompanying consolidated balance sheets, are summarized below:


		December 31, 2023				December 31, 2022
	Fair Value Hierarchy	Carrying Amount (a)		Estimated Fair Value		Carrying Amount (a)		Estimated Fair Value

Credit facility debt	Level II	$	8,257,682	$	8,323,654	$	9,063,495	$	9,145,298
Collateralized indebtedness (b)	Level II	—		—		1,746,281		1,731,771
Senior guaranteed and senior secured notes	Level II	9,079,882		7,784,288		8,081,489		6,154,075
Senior notes	Level II	7,334,447		4,932,931		7,324,238		4,531,300
Notes payable and supply chain financing	Level II	174,594		174,594		127,635		127,608







		$	24,846,605	$	21,215,467	$	26,343,138	$	21,690,052

(a)Amounts are net of unamortized deferred financing costs and discounts/premiums.

(b)In January 2023, the Company settled its outstanding collateralized indebtedness by delivering the Comcast shares it held and the related equity derivative contracts.