v3.26.1
Carrying Value and Fair Value of Blackstone Issued Notes (Detail) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
Carrying Value $ 13,194,730 $ 12,445,144
Fair Value 11,961,032 11,394,706
Blackstone Fund Facilities    
Debt Instrument [Line Items]    
Carrying Value [1] 800,000 0
Fair Value [1] 800,000 0
Senior Secured Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 13,070,834 12,318,723
Fair Value [2] 11,834,409 11,264,939
Borrowings Of Consolidated Blackstone Funds    
Debt Instrument [Line Items]    
Carrying Value 123,896 126,421
Fair Value 126,623 129,767
Borrowings Of Consolidated Blackstone Funds | Blackstone Fund Facilities    
Debt Instrument [Line Items]    
Carrying Value [3] 123,896 126,421
Fair Value [3] 126,623 129,767
1.000% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 692,091 711,022
Fair Value [2] 682,161 696,585
3.150% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 299,470 299,264
Fair Value [2] 294,735 295,941
5.900% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 598,275 597,667
Fair Value [2] 610,080 619,068
1.625% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 647,858 647,359
Fair Value [2] 611,819 610,688
1.500% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 693,792 713,034
Fair Value [2] 656,955 673,772
2.500% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 496,111 495,590
Fair Value [2] 463,860 467,930
4.300% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 594,979 594,461
Fair Value [2] 588,990 600,162
1.600% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 497,623 497,384
Fair Value [2] 432,445 435,810
2.000% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 792,398 791,761
Fair Value [2] 686,624 689,088
2.550% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 496,884 496,635
Fair Value [2] 438,985 444,025
6.200% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 893,636 893,266
Fair Value [2] 950,058 975,870
3.500% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 543,998 559,079
Fair Value [2] 564,190 582,161
5.000% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 741,931 741,552
Fair Value [2] 737,468 757,718
4.950% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 594,794 594,586
Fair Value [2] 581,526 596,592
6.250% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 240,243 240,076
Fair Value [2] 254,955 264,443
5.000% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 490,717 490,561
Fair Value [2] 450,695 466,615
4.450% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 345,077 344,996
Fair Value [2] 290,367 302,855
4.000% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 291,725 291,605
Fair Value [2] 231,030 236,016
3.500% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 392,905 392,808
Fair Value [2] 279,476 286,888
2.800% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 394,484 394,405
Fair Value [2] 241,292 246,808
2.850% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 543,728 543,643
Fair Value [2] 334,400 345,164
3.200% Notes    
Debt Instrument [Line Items]    
Carrying Value [2] 988,115 987,969
Fair Value [2] $ 652,298 $ 670,740
[1] Represents the Revolving Credit Facility of Blackstone, through Blackstone Holdings Finance Co. L.L.C. Interest on the borrowings is based on an adjusted Secured Overnight Finance Rate (“SOFR”) or alternate base rate, in each case plus a margin, and undrawn commitments bear a commitment fee of 0.06%. The margin above adjusted SOFR used to calculate interest on borrowings was 0.75%. The margin is subject to change based on Blackstone’s credit rating. Borrowings may also be made in U.K. sterling, euros, Swiss francs, Japanese yen or Canadian dollars, in each case subject to certain sub-limits. The Revolving Credit Facility contains customary representations, covenants and events of default. Financial covenants consist of a maximum net leverage ratio and a requirement to keep a minimum amount of fee-earning assets under management, each tested quarterly. As of June 30, 2026 and December 31, 2025, Blackstone had outstanding but undrawn letters of credit against the Revolving Credit Facility of $39.3 million. The amount Blackstone can draw from the Credit Facility is reduced by the undrawn letters of credit.
[2] Fair value is determined by broker quote and these notes would be classified as Level II within the fair value hierarchy.
[3] Blackstone Fund Facilities represent borrowing facilities for the various consolidated Blackstone Funds that are used to meet liquidity and investing needs. Such borrowings have varying maturities and may be rolled over until a disposition or refinancing event. Borrowings bear interest at spreads to market rates or at stated fixed rates that can vary over the borrowing term.