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Debt
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Debt Debt
The Company is party to a $7.5 billion Credit Agreement (the "Credit Agreement"), with Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer, and a syndicate of financial institutions (the "Lenders"), which has been amended multiple times. The Credit Agreement includes a Term Loan A, a Term Loan B, and a revolving credit facility. As noted in footnote 2, the Company is also party to the Securitization Facility.
The balances of the Company’s debt instruments under the Credit Agreement and the Securitization Facility are as follows (in thousands):
September 30, 2024December 31, 2023
Term Loan A note payable, net of discounts$3,124,083 $2,882,595 
Term Loan B note payable, net of discounts2,332,132 1,840,244 
Revolving line of credit facilities975,000 692,318 
Other obligations17,529 748 
Total notes payable, credit agreements, and other obligations
6,448,744 5,415,905 
Securitization Facility1,314,000 1,307,000 
Total debt
$7,762,744 $6,722,905 
Current portion$2,491,148 $2,126,749 
Long-term portion5,271,596 4,596,156 
Total debt
$7,762,744 $6,722,905 
On September 26, 2024, the Company entered into the fifteenth amendment to the Credit Agreement. The amendment a) increased the Term Loan B commitments by $500 million and b) removed the SOFR adjustment margin of 0.10% from the calculation of interest on Term Loan B borrowings. The Company used the Term Loan B proceeds to pay down existing borrowings under the revolving credit facility. The maturity dates and the interest rates for the revolving credit facility and Term Loan A commitments were unchanged by this amendment.
The Company was in compliance with all financial and non-financial covenants under the Credit Agreement and Securitization Facility at September 30, 2024.
The contractual maturities of the Company’s total notes payable, credit agreements and other obligations at September 30, 2024 were as follows (in thousands): 
Remaining 2024
$1,040,092 
2025190,250 
2026190,250 
20272,779,313 
20282,266,875 
Thereafter
— 
Total principal payments6,466,780 
Less: debt discounts and issuance costs included in debt(18,036)
Total notes payable, credit agreements, and other obligations
$6,448,744