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DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

Certain information related to the Company’s foreign currency forward derivative instruments as of December 31, 2023 and 2022 is presented below.

			As of December 31, 2023
Derivative Instrument			Notional Amount									Maturity Date						Gross Amount of Recognized Assets						Gross Amount of Recognized Liabilities						Balance Sheet Location of Net Amounts
Foreign currency forward contract			€			190						1/26/2024						$	200					$	(207)					Accounts payable and other liabilities
Foreign currency forward contract			CAD			168						1/26/2024						120						(124)						Accounts payable and other liabilities
Foreign currency forward contract			CAD			153						1/18/2024						114						(115)						Accounts payable and other liabilities
Foreign currency forward contract			£			116						1/26/2024						140						(147)						Accounts payable and other liabilities
Foreign currency forward contract			NZD			71						1/26/2024						41						(45)						Accounts payable and other liabilities
Foreign currency forward contract			£			56						8/21/2026						69						(70)						Accounts payable and other liabilities
Foreign currency forward contract			USD			10						1/26/2024						9						(9)						Accounts payable and other liabilities
Foreign currency forward contract			AUD			10						11/17/2026						7						(7)						Accounts payable and other liabilities
Foreign currency forward contract			CAD			4						1/26/2024						3						(3)						Accounts payable and other liabilities
Total																		$	703					$	(727)

			As of December 31, 2022
Derivative Instrument			Notional Amount									Maturity Date						Gross Amount of Recognized Assets						Gross Amount of Recognized Liabilities						Balance Sheet Location of Net Amounts
Foreign currency forward contract			CAD			264						1/27/2023						$	195					$	(196)					Accounts payable and other liabilities
Foreign currency forward contract			CAD			242						1/18/2023						178						(179)						Accounts payable and other liabilities
Foreign currency forward contract			€			158						1/27/2023						159						(169)						Accounts payable and other liabilities
Foreign currency forward contract			£			125						1/27/2023						145						(151)						Accounts payable and other liabilities
Foreign currency forward contract			NZD			59						1/27/2023						34						(37)						Accounts payable and other liabilities
Foreign currency forward contract			CAD			17						1/27/2023						12						(12)						Accounts payable and other liabilities
Total																		$	723					$	(744)

Schedule of Net Realized and Unrealized Gains (Losses) on Derivative Instruments

Net realized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recognized by the Company for the years ended December 31, 2023, 2022 and 2021 is in the following location in the consolidated statements of operations:

												For the Years Ended December 31,
Derivative Instrument			Statement Location															2023						2022						2021
Foreign currency forward contract			Net realized gains (losses) from foreign currency and other transactions															$	(13)					$	62					$	13
Total																		$	(13)					$	62					$	13

Net unrealized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recognized by the Company for the years ended December 31, 2023, 2022 and 2021 is in the following location in the consolidated statements of operations:

												For the Years Ended December 31,
Derivative Instrument			Statement Location															2023						2022						2021
Foreign currency forward contract			Net unrealized gains (losses) from foreign currency and other transactions															$	(5)					$	(9)					$	(14)
Total																		$	(5)					$	(9)					$	(14)

Schedule of Interest Rate Swap Derivative Instruments

The balance sheet impact of fair valuing the interest rate swaps as of December 31, 2023 is presented below:

			As of December 31, 2023
Derivative Instrument(1)			Notional Amount									Maturity Date						Gross Amount of Recognized Assets						Gross Amount of Recognized Liabilities						Balance Sheet Location of Amounts
Interest rate swap			$			600						1/15/2027						$	10					$	—					Other assets
Interest rate swap			$			300						1/15/2027						5						—						Other assets
Total																		$	15					$	—

________________________________________

(1)The asset related to the fair value of the interest rate swaps is offset by a $15 increase to the carrying value of the January 2027 Notes.

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

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Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

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Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts.

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