XML 79 R69.htm IDEA: XBRL DOCUMENT v3.22.1
Debt - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended 7 Months Ended 12 Months Ended
May 17, 2021
USD ($)
Feb. 01, 2021
USD ($)
Apr. 23, 2020
$ / shares
Jan. 31, 2022
USD ($)
Nov. 30, 2020
shares
Oct. 31, 2020
shares
Apr. 30, 2020
USD ($)
d
$ / shares
Sep. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2021
USD ($)
financial_institution
extension
$ / shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Jan. 21, 2020
USD ($)
May 31, 2019
USD ($)
Maturities of Senior Notes                              
Aggregate maturities in 2022                     $ 569,000,000        
Aggregate maturities in 2023                     10,000,000        
Aggregate maturities in 2024                     0        
Aggregate maturities in 2025                     1,000,000,000        
Aggregate maturities in 2026                     1,115,000,000        
Aggregate maturities thereafter                     $ 2,850,000,000        
Commitment fee paid to maintain credit facility                     0.28% 0.28% 0.20%    
Principal                     $ 5,643,652,000 $ 5,097,997,000      
Proceeds from issuance of debt $ 984,400,000                   1,000,000,000 2,600,000,000 $ 1,000,000,000    
Offering costs                     19,713,000 71,056,000 913,000    
Redemption price, percentage             100.00%                
Threshold trading days, business days | d             5                
Consecutive trading day period | d             5                
Senior notes redeemed               $ 9,000              
Sale of equity shares (in shares) | shares         3,000,000 20,000,000   599              
Average conversion price (in dollars per share) | $ / shares               $ 19.64              
Conversion strike price (in dollars per share) | $ / shares             $ 15.00                
Cap price (in dollars per share) | $ / shares             $ 18.75                
Equity component of convertible senior notes                       (32,500,000)      
Capped call transaction costs                       32,500,000      
Senior notes                              
Maturities of Senior Notes                              
Offering cost 15,600,000                            
Surety Bond                              
Maturities of Senior Notes                              
Letters of credit outstanding                     245,000,000 93,000,000      
6.125% Senior notes due 2025                              
Maturities of Senior Notes                              
Principal                           $ 1,000,000,000  
7.000% Senior notes due 2030                              
Maturities of Senior Notes                              
Principal                           $ 750,000,000  
3.125% notes due May 15, 2026 | Senior notes                              
Maturities of Senior Notes                              
Principal $ 500,000,000                   $ 500,000,000 0      
Interest rate 3.125%                   3.125%        
3.625% notes due May 15, 2031                              
Maturities of Senior Notes                              
Interest rate 3.625%                            
3.625% notes due May 15, 2031 | Senior notes                              
Maturities of Senior Notes                              
Principal $ 500,000,000                   $ 500,000,000 0      
Interest rate                     3.625%        
4.875% notes due November 15, 2021 | Senior notes                              
Maturities of Senior Notes                              
Principal                     $ 0 125,118,000      
Interest rate   4.875%                 4.875%        
Debt repurchase   $ 125,100,000                          
Repayments of debt   130,700,000                          
Redemption premium   4,300,000                          
Accrued unpaid interest   $ 1,300,000                          
3.00% notes due October 1, 2022 | Senior notes                              
Maturities of Senior Notes                              
Principal                     $ 568,823,000 568,823,000      
Interest rate                     3.00%        
Debt repurchase       $ 206,000,000                      
Repayments of debt       210,400,000                      
Redemption premium       2,600,000                      
Accrued unpaid interest       $ 1,800,000                      
Term loan agreement | Unsecured Debt                              
Maturities of Senior Notes                              
Average daily balance of loans outstanding                 $ 692,000,000 $ 1,000,000,000          
Weighted average interest rates                 2.60% 3.10%          
Principal                             $ 1,000,000,000
Note payable to EQM                              
Maturities of Senior Notes                              
Aggregate maturities in 2022                     $ 5,500,000        
Aggregate maturities in 2023                     5,800,000        
Aggregate maturities in 2024                     6,300,000        
Aggregate maturities in 2025                     6,500,000        
Aggregate maturities in 2026                     6,900,000        
Aggregate maturities thereafter                     68,800,000        
1.75% convertible notes due May 1, 2026 | Senior notes                              
Maturities of Senior Notes                              
Principal             $ 500,000,000       $ 499,991,000 500,000,000      
Interest rate             1.75%       1.75%        
Offering costs             $ 16,900,000                
Proceeds from sale of convertible notes             $ 483,100,000                
Effective interest rate of convertible notes             2.40%                
Threshold trading days | d             20                
Threshold consecutive trading days | d             30                
Redemption price, percentage             130.00%                
Threshold trigger price, percent             98.00%                
Conversion ratio             66.6667                
Conversion price (in dollars per share) | $ / shares             $ 15.00                
Conversion premium percent     20.00%                        
Convertible closing price (in dollars per share) | $ / shares     $ 12.50                        
Closing stock price (in dollars per share) | $ / shares                     $ 21.81        
If-converted value                     $ 227,000,000        
Revolving Credit Facility | EQT $2.5 billion facility                              
Maturities of Senior Notes                              
Maximum borrowing capacity                     $ 2,500,000,000        
Number of times the maturity date of the credit facility can be extended by one year | extension                     1        
Extension term                     1 year        
Aggregate maximum of commitments available under accordion feature                     $ 3,000,000,000        
Number of financial institutions underwriting credit facility of the entity | financial_institution                     17        
Debt to total capitalization ratio                     65.00%        
Letters of credit outstanding                     $ 440,000,000 791,000,000      
Maximum amount of outstanding borrowings                     1,700,000,000 700,000,000 1,100,000,000    
Average daily balance of loans outstanding                     $ 609,000,000 $ 148,000,000 $ 340,000,000    
Weighted average interest rates                     1.90% 2.30% 3.80%