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Debt (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s outstanding debt consisted of the following (in thousands):
As of December 31,
20252024
2029 Notes$1,000,000 $1,000,000 
2031 Notes1,000,000 1,000,000 
2034 Notes1,000,000 1,000,000 
2054 Notes550,000 550,000 
Total principal amount3,550,000 3,550,000 
Less: unamortized debt discount and issuance costs(37,013)(41,017)
Long-term debt
$3,512,987 $3,508,983 
The following table sets forth total interest expense recognized related to the Company’s debt (in thousands):
Year Ended December 31,
202520242023
Contractual interest expense$195,440 $274,141 $268,583 
Amortization of debt discount and issuance costs5,175 5,460 8,792 
Loss on debt extinguishment— 28,375 4,337 
Total interest expense$200,615 $307,976 $281,712 
Schedule of Future Maturities of Long-Term Debt
As of December 31, 2025, the future principal payments for the outstanding debt were as follows (in thousands):
2026 through 2028
$— 
20291,000,000 
Thereafter2,550,000 
Total future principal payments
$3,550,000