XML 60 R50.htm IDEA: XBRL DOCUMENT
v3.22.2.2

DEBT - Schedule of Components of Debt Interest Expense (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Line of Credit Facility [Line Items] |  |  |  |
Amortization of debt issuance costs |  |  | $ 22 | $ 19
Cash paid for interest expense |  |  | 303 | 250
Convertible Debt |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | $ 5 | $ 8 | 15 | 25
Amortization of debt issuance costs | 0 | 1 | 1 | 2
Net (amortization) accretion of original issue premium/discount | 0 | 1 | 2 | 4
Total interest and credit facility fees expense | 5 | 10 | 18 | 31
Cash paid for interest expense | 9 | 17 | 26 | 34
Senior Notes |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 67 | 62 | 202 | 168
Amortization of debt issuance costs | 4 | 4 | 11 | 8
Net (amortization) accretion of original issue premium/discount | (2) | (1) | (5) | (1)
Total interest and credit facility fees expense | 69 | 65 | 208 | 175
Cash paid for interest expense | 79 | 90 | 213 | 187
Revolving Credit Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | 1,875 | 889 | 1,402 | 922
Revolving Credit Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 19 | 4 | 34 | 14
Credit facility fees | 5 | 4 | 7 | 11
Amortization of debt issuance costs | 2 | 2 | 5 | 4
Total interest and credit facility fees expense | 26 | 10 | 46 | 29
Cash paid for interest expense | $ 19 | $ 4 | $ 35 | $ 14
Average stated interest rate | 3.95% | 1.97% | 3.15% | 2.09%
Revolving Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 944 | $ 368 | $ 805 | $ 602
Revolving Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 10 | 2 | 19 | 12
Credit facility fees | 1 | 2 | 3 | 5
Amortization of debt issuance costs | 1 | 1 | 2 | 3
Total interest and credit facility fees expense | 12 | 5 | 24 | 20
Cash paid for interest expense | $ 9 | $ 3 | $ 19 | $ 11
Average stated interest rate | 4.38% | 2.69% | 3.17% | 2.35%
SMBC Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 402 | $ 9 | $ 403 | $ 155
SMBC Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 4 | 0 | 9 | 2
Credit facility fees | 1 | 2 | 2 | 4
Amortization of debt issuance costs | 1 | 1 | 2 | 2
Total interest and credit facility fees expense | 6 | 3 | 13 | 8
Cash paid for interest expense | $ 4 | $ 0 | $ 9 | $ 3
Average stated interest rate | 4.27% | 2.36% | 3.00% | 2.00%
BNP Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 143 | $ 0 | $ 81 | $ 20
BNP Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 2 | 0 | 3 | 1
Credit facility fees | 0 | 1 | 1 | 3
Amortization of debt issuance costs | 0 | 0 | 1 | 0
Total interest and credit facility fees expense | 2 | 1 | 5 | 4
Cash paid for interest expense | $ 1 | $ 0 | $ 1 | $ 1
Average stated interest rate | 4.35% | 0.00% | 3.95% | 3.45%

X
- Definition Accretion (Amortization) Of Discounts And Premiums, Debt + References No definition available. + Details
Name: | arcc_AccretionAmortizationOfDiscountsAndPremiumsDebt
Namespace Prefix: | arcc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of amortization expense attributable to debt issuance costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
Name: | us-gaap_AmortizationOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Total interest costs incurred during the period and either capitalized or charged against earnings. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 + Details
Name: | us-gaap_InterestCostsIncurred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69F -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495745-112612 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 + Details
Name: | us-gaap_InterestExpenseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4297-108586 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 17 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3367-108585 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3536-108585 + Details
Name: | us-gaap_InterestPaidNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Average amount borrowed under the credit facility during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityAverageOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the fee for available but unused credit capacity under the credit facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeeAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of long-term debt outstanding calculated over time. + References No definition available. + Details
Name: | us-gaap_LongTermDebtWeightedAverageInterestRateOverTime
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_ConvertibleDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=arcc_SeniorSecuredRevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=arcc_RevolvingFundingFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=arcc_SMBCFundingFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=arcc_BNPFundingFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |