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DEBT OBLIGATIONS (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Borrowings
KKR's Asset Management debt obligations consisted of the following:
 December 31, 2022 December 31, 2021
Financing AvailableBorrowing OutstandingFair Value Financing AvailableBorrowing OutstandingFair Value
Revolving Credit Facilities:
Corporate Credit Agreement$1,500,000 $— $—  $1,000,000 $— $— 
KCM Credit Agreement723,132 — — 728,799 — — 
KCM 364-Day Revolving Credit Agreement750,000 — — 750,000 — — 
Notes Issued: (1)
KKR ¥25 billion (or $189.5 million)
0.509% Notes Due 2023
(4)
— 189,432 189,447 — 216,881 216,818 
KKR ¥5 billion (or $37.9 million)
0.764% Notes Due 2025
(4)
— 37,646 37,625 — 43,082 43,452 
KKR ¥36.4 billion (or $275.9 million)
1.054% Notes Due 2027
(4)
— 274,628 271,081 — — — 
KKR €650 million (or $693.9 million)
1.625% Notes Due 2029
(5)
— 687,928 565,003 — 729,048 776,926 
KKR $750 million 3.750% Notes Due 2029
(4)
— 744,222 675,413 — 743,333 825,540 
KKR ¥4.9 billion (or $37.1 million)
1.244% Notes Due 2029
(4)
— 36,657 36,020 — — — 
KKR $750 million 4.850% Notes Due 2032
(4)
— 741,655 701,610 — — — 
KKR ¥6.2 billion (or $47.0 million)
1.437% Notes Due 2032
(4)
— 46,431 44,800 — — — 
KKR ¥7.5 billion (or $56.9 million)
1.553% Notes Due 2034
(4)
— 56,204 53,477 — — — 
KKR ¥5.5 billion (or $41.7 million)
1.795% Notes Due 2037
(4)
— 41,097 38,550 — — — 
KKR ¥10.3 billion (or $78.1 million)
1.595% Notes Due 2038
(4)
— 77,134 69,565 — 88,505 92,198 
KKR $500 million 5.500% Notes Due 2043 (6)
(4)
— 490,494 455,287 — 491,153 661,351 
KKR $1.0 billion 5.125% Notes Due 2044 (6)
(4)
— 964,726 845,944 — 951,462 1,237,888 
KKR $500 million 3.625% Notes Due 2050
(4)
— 492,753 343,490 — 492,486 535,550 
KKR $750 million 3.500% Notes Due 2050 (6)
(4)
— 736,451 503,862 — 735,905 784,650 
KKR $750 million 3.250% Notes Due 2051
(4)
— 739,832 475,920 — 739,481 747,900 
KKR $500 million 4.625% Notes Due 2061
(5)
— 486,399 340,400 — 486,044 523,200 
KFN $500 million 5.500% Notes Due 2032
(2)
— 495,511 417,551 — 495,025 487,779 
KFN $120 million 5.200% Notes Due 2033
(2)
— 118,773 96,502 — 118,654 115,535 
KFN $70 million 5.400% Notes Due 2033
(2)
— 69,048 57,042 — 68,957 68,532 
KFN Issued Junior Subordinated Notes (3)
(2)
— 237,471 189,673 — 236,138 178,335 
2,973,132 7,764,492 6,408,262 2,478,799 6,636,154 7,295,654 
Other Debt Obligations(6)
4,837,893 32,834,121 32,649,546 4,941,755 30,033,601 30,033,601 
 $7,811,025 $40,598,613 $39,057,808  $7,420,554 $36,669,755 $37,329,255 
(1)Borrowing outstanding includes: (i) unamortized note discount (net of premium), as applicable and (ii) unamortized debt issuance costs, as applicable. Financing costs related to the issuance of the notes have been deducted from the note liability and are being amortized over the life of the notes.
December 31, 2022December 31, 2021
KKR Issued 0.509% Notes Due 2023
$68 $369 
KKR Issued 0.764% Notes Due 2025
254 368 
KKR Issued 1.054% Notes Due 2027
1,284 — 
KKR Issued 1.244% Notes Due 2029
485 — 
KKR Issued 1.625% Notes Due 2029
3,914 4,526 
KKR Issued 3.750% Notes Due 2029
4,177 4,820 
KKR Issued 1.437% Notes Due 2032
565 — 
KKR Issued 4.850% Notes Due 2032
5,862 — 
KKR Issued 1.553% Notes Due 2034
646 — 
KKR Issued 1.795% Notes Due 2037
593 — 
KKR Issued 1.595% Notes Due 2038
940 1,002 
KKR Issued 5.500% Notes Due 2043
2,979 3,127 
KKR Issued 5.125% Notes Due 2044
6,736 7,051 
KKR Issued 3.625% Notes Due 2050
4,867 5,046 
KKR Issued 3.500% Notes Due 2050
7,226 7,487 
KKR Issued 3.250% Notes Due 2051
7,824 8,094 
KKR Issued 4.625% Notes Due 2061
13,601 13,956 
KFN Issued 5.500% Notes Due 2032
4,548 3,378 
KFN Issued 5.200% Notes Due 2033
1,243 1,347 
KFN Issued 5.400% Notes Due 2033
964 1,043 
$68,776 $61,614 
(2)These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments.
(3)KKR consolidates KFN and reports KFN's outstanding $258.5 million aggregate principal amount of junior subordinated notes. The weighted average interest rate is 6.9% and 2.6% and the weighted average years to maturity is 13.8 years and 14.8 years as of December 31, 2022 and December 31, 2021, respectively.
(4)The notes are classified as Level II within the fair value hierarchy and fair value is determined by third party broker quotes.
(5)The notes are classified as Level I within the fair value hierarchy and fair value is determined by quoted prices in active markets since the debt is publicly listed.
(6)As of December 31, 2022 and December 31, 2021, the borrowing outstanding reflects the elimination for the portion of these debt obligations that are held by Global Atlantic.
Global Atlantic's debt obligations consisted of the following:
 December 31, 2022 December 31, 2021
Financing AvailableBorrowing Outstanding
Fair Value(2)
 Financing AvailableBorrowing Outstanding
Fair Value(2)
Revolving Credit Facilities:
Global Atlantic revolving credit facility, due August 2026$600,000 $400,000 $400,000  $1,000,000 $— $— 
Notes Issued and Others:
Global Atlantic senior notes, due October 2029500,000 419,550 500,000 539,350 
Global Atlantic senior notes, due June 2031650,000 478,335 650,000 644,800 
Global Atlantic subordinated debentures, due October 2051750,000 572,475 750,000 761,475 
2,300,000 $1,870,360 1,900,000 $1,945,625 
Purchase accounting adjustments(1)
43,285 51,050 
Debt issuance costs, net of accumulated amortization(17,623)(18,675)
Fair value loss (gain) of hedged debt obligations, recognized in earnings(197,496)(24,369)
 $2,128,166  $1,908,006 
(1)For the years ended December 31, 2022 and 2021, the amortization of the purchase accounting adjustments was $7.8 million and $4.9 million, respectively.
(2)These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments.
Schedule of Other Debt Obligations
As of December 31, 2022, other debt obligations consisted of the following:
Financing AvailableBorrowing
Outstanding		Fair ValueWeighted
Average
Interest Rate		Weighted Average Remaining Maturity in Years
Financing Facilities of Consolidated Funds and Other (1)
$4,837,893 $10,560,879 $10,376,304 4.9%5.4
Debt Obligations of Consolidated CLOs — 22,273,242 22,273,242 
(2)
9.9
 $4,837,893 $32,834,121 $32,649,546   
(1)Includes borrowings collateralized by fund investments, fund co-investments and other assets held by levered investment vehicles of $2.3 billion.
(2)The senior notes of the consolidated CLOs had a weighted average interest rate of 4.8%. The subordinated notes of the consolidated CLOs do not have contractual interest rates but instead receive a pro rata amount of the net distributions from the excess cash flows of the respective CLO vehicle. Accordingly, weighted average borrowing rates for the subordinated notes are based on cash distributions during the period, if any.
Schedule of principal payments for debt obligations
Scheduled principal payments for Asset Management debt obligations at December 31, 2022 are as follows:
Revolving Credit
Facilities
Notes Issued
Other
Debt Obligations
Total
2023— 189,500 2,756,745 2,946,245 
2024— — 637,288 637,288 
2025— 37,900 263,168 301,068 
2026— — 763,592 763,592 
2027— 275,912 217,206 493,118 
Thereafter— 7,368,568 29,470,796 36,839,364 
$— $7,871,880 $34,108,795 $41,980,675 
Scheduled principal payments for Insurance debt obligations at December 31, 2022 are as follows:
Revolving Credit
Facilities
Notes Issued
Other
Debt Obligations
Total
2023$— $— $— $— 
2024— — — — 
2025— — — — 
2026400,000 — — 400,000 
2027— — — — 
Thereafter— 1,900,000 — 1,900,000 
$400,000 $1,900,000 $— $2,300,000