| Summary of Long-Term Debt |
Long-term debt consisted of the following as of:
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
|
|
(in thousands) |
|
Revolving credit facility (1) |
|
$ |
165,000 |
|
|
$ |
— |
|
4.25% 2032 notes |
|
|
1,300,000 |
|
|
|
1,300,000 |
|
6.375% 2034 notes |
|
|
1,000,000 |
|
|
|
1,000,000 |
|
6.75% 2035 notes |
|
|
750,000 |
|
|
|
750,000 |
|
6.375% 2032 notes |
|
|
700,000 |
|
|
|
700,000 |
|
5.00% 2030 notes |
|
|
550,000 |
|
|
|
550,000 |
|
Other finance obligations |
|
|
166,565 |
|
|
|
183,891 |
|
Finance lease obligations |
|
|
821 |
|
|
|
1,155 |
|
|
|
|
4,632,386 |
|
|
|
4,485,046 |
|
Unamortized debt discount/premium and debt issuance costs |
|
|
(41,072 |
) |
|
|
(43,679 |
) |
|
|
|
4,591,314 |
|
|
|
4,441,367 |
|
Less: current maturities of long-term debt |
|
|
11,923 |
|
|
|
14,334 |
|
Long-term debt, net of current maturities, discounts and issuance costs |
|
$ |
4,579,391 |
|
|
$ |
4,427,033 |
|
(1) The weighted average interest rate was 4.7% as of June 30, 2026.
|
| Schedule of Fair Value of Notes |
The following table presents the fair value of each such series of notes as of June 30, 2026, which was determined using Level 2 inputs based on market prices:
|
|
|
|
|
|
|
(in thousands) |
|
4.25% 2032 notes |
|
$ |
1,205,750 |
|
6.375% 2034 notes |
|
|
1,005,000 |
|
6.75% 2035 notes |
|
|
761,250 |
|
6.375% 2032 notes |
|
|
707,875 |
|
5.00% 2030 notes |
|
|
537,625 |
|
|