v3.23.2

COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Senior Unsecured Notes

As of June 30, 2023, the Company had outstanding an aggregate of $4,200.0 million in senior unsecured notes (collectively, the “Senior Notes”) and an aggregate of $343.4 million in senior unsecured tranche A term loans (the “Tranche A Term Loans”) under the term loan A facility (the “TLA Facility”), as presented in the table below:

												Principal Amount Outstanding at						Carrying Value at						Carrying Value at						Fair Value at						Fair Value at
(in thousands)						Maturity Date						June 30, 2023						June 30, 2023						December 31, 2022						June 30, 2023						December 31, 2022
Debt
4.000% senior unsecured notes due 2029						November 15, 2029						$	1,000,000					$	993,091					$	992,546					$	903,560					$	876,240
3.625% senior unsecured notes due 2030						September 1, 2030						900,000						895,256						894,925						780,624						751,113
3.875% senior unsecured notes due 2031						February 15, 2031						1,000,000						991,614						991,067						867,600						833,130
3.625% senior unsecured notes due 2031						November 1, 2031						600,000						594,524						594,195						514,422						500,880
3.250% senior unsecured notes due 2033						August 15, 2033						700,000						693,197						692,862						565,726						542,696
Variable rate Tranche A Term Loans due 2027						February 16, 2027						343,438						342,155						346,352						341,720						346,073
Total debt(1)												$	4,543,438					$	4,509,837					$	4,511,947					$	3,973,652					$	3,850,132

___________________________
(1)    Includes $8.7 million of current-portion of long-term debt.

Schedule of Maturities of Long-Term Debt

Maturities of the Company’s principal debt payments as of June 30, 2023 are as follows:

Maturity of Principal Debt Payments (in thousands)						Amounts
Remainder of 2023						$	4,375
2024						10,938
2025						19,687
2026						26,250
2027						282,188
Thereafter						4,200,000
Total debt						$	4,543,438

Schedule of Interest Payments Due Attributable to Outstanding indebtedness

Interest payments attributable to the Company’s outstanding indebtedness are due as presented in the following table:

Interest payment frequency

First interest payment date

Senior Notes and Tranche A Term Loans

4.000% senior unsecured notes due 2029

Semi-Annual

May 15

3.625% senior unsecured notes due 2030

Semi-Annual

March 1

3.875% senior unsecured notes due 2031

Semi-Annual

June 1

3.625% senior unsecured notes due 2031

Semi-Annual

May 1

3.250% senior unsecured notes due 2033

Semi-Annual

February 15

Variable rate Tranche A Term Loans due 2027

Variable

July 11

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