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DERIVATIVES AND HEDGING INSTRUMENTS (Tables) | 6 Months Ended
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Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Financial Instruments, Designated as Cash Flow Hedges | The table below presents information about our interest rate swaps, designated as cash flow hedges, included in our consolidated balance sheets:
|  |  |  |  |  |  |  | Fair Values
Derivative Financial Instruments |  | Balance Sheet Location |  | Weighted-Average Fixed Rate of Interest at June 30, 2025 |  | Range of Maturity Dates at June 30, 2025 |  | June 30, 2025 |  | December 31, 2024
|  |  |  |  |  |  |  | (in thousands)
Interest rate swaps (Notional of $1.5 billion at June 30, 2025 and December 31, 2024) |  | Other noncurrent liabilities |  | 4.26% |  | April 17, 2027 - August 17, 2027 |  | $ | 20,844 |  |  | $ | 7,768 |
The table below presents information about the treasury locks included in our consolidated balance sheets:
|  |  |  |  |  |  |  | Fair Value
Derivative Financial Instruments |  | Balance Sheet Location |  | Weighted-Average Fixed Rate of Interest at June 30, 2025 |  | Maturity Date at June 30, 2025 |  | June 30, 2025
|  |  |  |  |  |  |  | (in thousands)
Treasury locks (Notional of $1.5 billion at June 30, 2025) |  | Other noncurrent liabilities |  | 4.53% |  | March 31, 2026 |  | $ | 34,344 |
Schedule of Derivative Instrument Effects on Income | The table below presents the effects of our interest rate swaps on our consolidated statements of income and statements of comprehensive income for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands)
Net unrealized gains (losses) recognized in other comprehensive income (loss) | $ | (3,204) |  |  | $ | 8,929 |  |  | $ | (12,575) |  |  | $ | 38,045 |
Net unrealized gains (losses) reclassified out of other comprehensive income (loss) to interest expense | $ | (841) |  |  | $ | 2,619 |  |  | $ | (1,693) |  |  | $ | 5,281 |
The table below presents the effects of our treasury locks on our consolidated statements of comprehensive income:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2025
| (in thousands)
Net unrealized losses recognized in other comprehensive income (loss) | $ | (34,344) |  |  | $ | (34,344) |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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