v3.26.3
DEBT - Components of Debt Interest Expense (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Line of Credit Facility [Line Items]        
Amortization of debt issuance costs     $ 26 $ 26
Net amortization of original issue discount/premium     6 (1)
Total interest and credit facility fees expense $ 221 $ 209 648 583
Cash paid for interest expense     603 560
Senior Notes        
Line of Credit Facility [Line Items]        
Stated interest expense 116 110 333 325
Amortization of debt issuance costs 3 3 10 11
Net amortization of original issue discount/premium 3 1 6 (1)
Total interest and credit facility fees expense 123 114 350 333
Cash paid for interest expense 107 149 346 341
Senior Notes | Interest rate swap | Hedged Item        
Line of Credit Facility [Line Items]        
Net gain on interest rate swaps accounted for as hedge instruments and the related hedged items 1 0 1 (2)
Revolving Credit Facility        
Line of Credit Facility [Line Items]        
Average outstanding balance 1,768 2,107 2,173 1,473
Revolving Credit Facility | Line of Credit        
Line of Credit Facility [Line Items]        
Stated interest expense 23 33 85 68
Credit facility fees 4 2 9 9
Amortization of debt issuance costs 2 2 7 6
Total interest and credit facility fees expense 29 37 101 83
Cash paid for interest expense $ 16 $ 21 $ 85 $ 64
Average stated interest rate 5.19% 6.08% 5.19% 6.09%
Revolving Funding Facility        
Line of Credit Facility [Line Items]        
Average outstanding balance $ 1,117 $ 1,157 $ 1,132 $ 1,022
Revolving Funding Facility | Line of Credit        
Line of Credit Facility [Line Items]        
Stated interest expense 16 18 47 48
Credit facility fees 1 1 4 5
Amortization of debt issuance costs 2 1 4 4
Total interest and credit facility fees expense 19 20 55 57
Cash paid for interest expense $ 17 $ 18 $ 51 $ 53
Average stated interest rate 5.44% 6.17% 5.44% 6.26%
SMBC Funding Facility        
Line of Credit Facility [Line Items]        
Average outstanding balance $ 765 $ 433 $ 681 $ 432
SMBC Funding Facility | Line of Credit        
Line of Credit Facility [Line Items]        
Stated interest expense 10 7 28 21
Credit facility fees 1 1 3 2
Amortization of debt issuance costs 1 1 3 2
Total interest and credit facility fees expense 12 9 34 25
Cash paid for interest expense $ 12 $ 7 $ 30 $ 22
Average stated interest rate 5.43% 6.16% 5.43% 6.27%
BNP Funding Facility        
Line of Credit Facility [Line Items]        
Average outstanding balance $ 720 $ 741 $ 702 $ 706
BNP Funding Facility | Line of Credit        
Line of Credit Facility [Line Items]        
Stated interest expense 10 11 29 33
Credit facility fees 1 1 2 2
Amortization of debt issuance costs 1 1 2 2
Total interest and credit facility fees expense 12 13 33 37
Cash paid for interest expense $ 11 $ 11 $ 32 $ 36
Average stated interest rate 5.58% 6.22% 5.57% 6.28%
July 2038 CLO Notes | Secured debt        
Line of Credit Facility [Line Items]        
Stated interest expense $ 23 $ 15 $ 70 $ 46
Amortization of debt issuance costs 0 0 0 1
Total interest and credit facility fees expense 23 15 70 47
Cash paid for interest expense $ 16 $ 15 $ 59 $ 44
Average stated interest rate 5.27% 6.02% 5.32% 6.03%
Average outstanding balance $ 1,720 $ 1,020 $ 1,714 $ 1,020