Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Offsetting Assets

The table below summarizes the impact of netting agreements and margin deposits on gross derivative assets and liabilities.

	Gross derivative instruments recorded in the Condensed Consolidated Balance Sheets		Derivative instruments subject to master netting agreements		Margin requirements with counterparties		Net derivative instruments
	(Thousands)
March 31, 2022
Asset derivative instruments, at fair value	$	1,304,109	$	(1,268,394)	$	—	$	35,715
Liability derivative instruments, at fair value	5,362,080		(1,268,394)		(259,245)		3,834,441
December 31, 2021
Asset derivative instruments, at fair value	$	543,337	$	(468,266)	$	—	$	75,071
Liability derivative instruments, at fair value	2,413,608		(468,266)		(147,773)		1,797,569

Offsetting Liabilities

The table below summarizes the impact of netting agreements and margin deposits on gross derivative assets and liabilities.

	Gross derivative instruments recorded in the Condensed Consolidated Balance Sheets		Derivative instruments subject to master netting agreements		Margin requirements with counterparties		Net derivative instruments
	(Thousands)
March 31, 2022
Asset derivative instruments, at fair value	$	1,304,109	$	(1,268,394)	$	—	$	35,715
Liability derivative instruments, at fair value	5,362,080		(1,268,394)		(259,245)		3,834,441
December 31, 2021
Asset derivative instruments, at fair value	$	543,337	$	(468,266)	$	—	$	75,071
Liability derivative instruments, at fair value	2,413,608		(468,266)		(147,773)		1,797,569