| Schedule of Debt |
The components of debt, including the effects of issuance costs and discounts, net as of September 30, 2026 and December 31, 2025, are set forth below (in thousands). | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | San Mateo Term Loan due 2027 | $ | 650,000 | | | $ | — | | | Issuance costs | (2,734) | | | — | | | Total short-term debt | $ | 647,266 | | | $ | — | | | | | | | Revolving credit agreements: | | | | | Credit Agreement due 2029 | $ | 951,000 | | | $ | 398,000 | | | San Mateo Revolving Credit Facility due 2029 | 1,002,000 | | | 883,000 | | | Senior unsecured notes: | | | | 6.875% senior notes due 2028 (the “2028 Notes”) | — | | | 500,000 | | 6.500% senior notes due 2032 (the “2032 Notes”) | 900,000 | | | 900,000 | | 6.250% senior notes due 2033 (the “2033 Notes”) | 750,000 | | | 750,000 | | 6.000% senior notes due 2034 (the “2034 Notes”) | 750,000 | | | — | | | Issuance costs and discounts, net | (32,358) | | | (28,898) | | | Total senior unsecured notes payable | 2,367,642 | | | 2,121,102 | | | Total long-term debt | $ | 4,320,642 | | | $ | 3,402,102 | | | | | | | Total debt | $ | 4,967,908 | | | $ | 3,402,102 | |
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| Debt Instrument Redemption |
On or after April 15, 2029, the Company may redeem all or a part of the 2034 Notes at any time or from time to time at the following redemption prices (expressed as percentages of the principal amount) plus accrued and unpaid interest, if any, to the applicable redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below: | | | | | | | | | | Year | | Redemption Price | | 2029 | | 103.0% | | 2030 | | 101.5% | | 2031 and thereafter | | 100.0% |
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