XML 90 R81.htm IDEA: XBRL DOCUMENT v3.23.3

FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Carrying and Fair Values of Debt Obligations (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	$ 11,558	$ 12,245
Fair value disclosures of long-term debt	11,517	12,210
Line of Credit | Revolving Credit Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	1,392	2,246
Line of Credit | Revolving Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	887	800
Line of Credit | SMBC Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	401	451
Line of Credit | BNP Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	525	245
Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $403)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	403	403
Senior Notes | 2023 Notes (principal amount outstanding of $0 and $750, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	0	750
Senior Notes | 2024 Notes (principal amount outstanding of $900)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	900	900
Senior Notes | March 2025 Notes (principal amount outstanding of $600)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	600	600
Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	1,250	1,250
Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	1,150	1,150
Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	1,000	1,000
Senior Notes | January 2027 Notes (principal amount outstanding of $600 and $0, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	600	0
Senior Notes | June 2027 Notes (principal amount outstanding of $500)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	500	500
Senior Notes | 2028 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	1,250	1,250
Senior Notes | 2031 Notes (principal amount outstanding of $700)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Principal amount of debt outstanding	700	700
Carrying value
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	11,517	12,210
Carrying value | Revolving Credit Facility | Revolving Credit Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt		2,246
Carrying value | Revolving Credit Facility | Revolving Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt		800
Carrying value | Line of Credit | SMBC Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt		451
Carrying value | Line of Credit | BNP Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt		245
Carrying value | Revolving Credit Facility | Revolving Credit Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,392	2,246
Carrying value | Revolving Credit Facility | Revolving Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	887	800
Carrying value | Line of Credit | SMBC Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	401	451
Carrying value | Line of Credit | BNP Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	525	245
Carrying value | Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $403)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	401	399
Carrying value | Senior Notes | 2023 Notes (principal amount outstanding of $0 and $750, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	0	750
Carrying value | Senior Notes | 2024 Notes (principal amount outstanding of $900)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	899	898
Carrying value | Senior Notes | March 2025 Notes (principal amount outstanding of $600)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	598	597
Carrying value | Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,255	1,258
Carrying value | Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,146	1,144
Carrying value | Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	993	991
Carrying value | Senior Notes | January 2027 Notes (principal amount outstanding of $600 and $0, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	587	0
Carrying value | Senior Notes | June 2027 Notes (principal amount outstanding of $500)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	495	494
Carrying value | Senior Notes | 2028 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,247	1,247
Carrying value | Senior Notes | 2031 Notes (principal amount outstanding of $700)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	691	690
Fair value
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	10,821	11,378
Fair value | Revolving Credit Facility | Revolving Credit Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,392	2,246
Fair value | Revolving Credit Facility | Revolving Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	887	800
Fair value | Line of Credit | SMBC Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	401	451
Fair value | Line of Credit | BNP Funding Facility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	525	245
Fair value | Convertible Debt | 2024 Convertible Notes (principal amount outstanding of $403)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	411	428
Fair value | Senior Notes | 2023 Notes (principal amount outstanding of $0 and $750, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	0	749
Fair value | Senior Notes | 2024 Notes (principal amount outstanding of $900)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	886	873
Fair value | Senior Notes | March 2025 Notes (principal amount outstanding of $600)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	577	570
Fair value | Senior Notes | July 2025 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,171	1,157
Fair value | Senior Notes | January 2026 Notes (principal amount outstanding of $1,150)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,075	1,059
Fair value | Senior Notes | July 2026 Notes (principal amount outstanding of $1,000)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	878	850
Fair value | Senior Notes | January 2027 Notes (principal amount outstanding of $600 and $0, respectively)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	601	0
Fair value | Senior Notes | June 2027 Notes (principal amount outstanding of $500)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	436	427
Fair value | Senior Notes | 2028 Notes (principal amount outstanding of $1,250)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	1,046	1,007
Fair value | Senior Notes | 2031 Notes (principal amount outstanding of $700)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value disclosures of long-term debt	$ 535	$ 516

X

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-4

+ Details

Name:	us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

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_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.

+ References

No definition available.

+ Details

Name:	us-gaap_LongTermDebtFairValue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

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_SeniorSecuredRevolvingCreditFacilityMember
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:

X

- Details

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

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_A2024ConvertibleNotesMember
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_A2023NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_A2024NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_March2025NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_July2025NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_January2026NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_July2026NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_January2027NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_June2027NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_A2028NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=arcc_A2031NotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongtermDebtTypeAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: