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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities
The following table presents the outstanding balance, total amount of letters of credit outstanding, and available borrowing capacity under the Credit Agreement:
As of July 23, 2025As of June 30, 2025As of December 31, 2024
(in thousands)
Revolving credit facility (1)
$— $— $68,500 
Letters of credit (2)
2,000 2,000 2,000 
Available borrowing capacity1,998,000 1,998,000 1,929,500 
Total aggregate revolving lender commitment amount
$2,000,000 $2,000,000 $2,000,000 
____________________________________________
(1)    Unamortized deferred financing costs attributable to the revolving credit facility are presented as a component of the other noncurrent assets line item on the accompanying balance sheets and totaled $16.8 million and $18.7 million as of June 30, 2025, and December 31, 2024, respectively. These costs are being amortized over the term of the Credit Agreement on a straight-line basis.
(2)    Letters of credit outstanding reduce the amount available under the revolving credit facility on a dollar-for-dollar basis.
Schedule of Long-term Debt Instruments
The Company’s Senior Notes, net line item on the accompanying balance sheets as of June 30, 2025, and December 31, 2024, consisted of the following (collectively referred to as “Senior Notes”):
As of June 30, 2025As of December 31, 2024
Principal AmountUnamortized Deferred Financing CostsPrincipal Amount, NetPrincipal AmountUnamortized Deferred Financing CostsPrincipal Amount, Net
(in thousands)
6.75% Senior Notes due 2026
$419,235 $817 $418,418 $419,235 $1,168 $418,067 
6.625% Senior Notes due 2027
416,791 1,230 415,561 416,791 1,618415,173 
6.5% Senior Notes due 2028
400,000 3,128 396,872 400,000 3,636396,364 
6.75% Senior Notes due 2029
750,000 9,444 740,556 750,000 10,489739,511 
7.0% Senior Notes due 2032
750,000 10,259 739,741 750,000 10,872739,128
Total$2,736,026 $24,878 $2,711,148 $2,736,026 $27,783 $2,708,243