XML 72 R57.htm IDEA: XBRL DOCUMENT v3.24.0.1
INVESTMENTS - Selected Financial Information for the SLDP (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Schedule of Investments [Line Items]      
Fair Value $ 22,873.7 [1] $ 21,779.8 [2]  
Other assets 91.0 81.0  
Total assets 23,800.0 22,398.0  
Total liabilities 12,599.0 12,843.0  
Total liabilities and stockholders’ equity 23,800.0 22,398.0  
Total investment income 2,614.0 2,096.0 $ 1,820.0
Interest expense 582.0 455.0 372.0
Other expenses 29.0 27.0 24.0
Total expenses 1,328.0 949.0 1,050.0
Net investment income 1,266.0 1,092.0 741.0
Net realized and unrealized (losses) gains on investments 256.0 (444.0) 869.0
NET INCREASE IN STOCKHOLDERS’ EQUITY RESULTING FROM OPERATIONS 1,522.0 600.0 1,567.0
Amortized Cost 22,667.6 [1] 22,043.0 [2]  
Senior Direct Lending Program      
Schedule of Investments [Line Items]      
Fair Value 5,129.0 4,958.0  
Other assets 192.0 150.0  
Total assets 5,321.0 5,108.0  
Senior notes 3,705.0 3,538.0  
Intermediate funding notes 139.0 132.0  
Other liabilities 136.0 110.0  
Total liabilities 3,980.0 3,780.0  
Subordinated certificates and members’ capital 1,341.0 1,328.0  
Total liabilities and stockholders’ equity 5,321.0 5,108.0  
Total investment income 570.0 365.0 282.0
Interest expense 296.0 155.0 91.0
Other expenses 23.0 20.0 18.0
Total expenses 319.0 175.0 109.0
Net investment income 251.0 190.0 173.0
Net realized and unrealized (losses) gains on investments (73.0) (147.0) 70.0
NET INCREASE IN STOCKHOLDERS’ EQUITY RESULTING FROM OPERATIONS 178.0 43.0 $ 243.0
Amortized Cost $ 5,267.0 $ 5,166.0  
[1] As of December 31, 2023, the estimated net unrealized loss for federal tax purposes was $0.4 billion based on a tax cost basis of $22.5 billion. As of December 31, 2023, the estimated aggregate gross unrealized loss for federal income tax purposes was $1.7 billion and the estimated aggregate gross unrealized gain for federal income tax purposes was $1.3 billion.     
[2] As of December 31, 2022, the estimated net unrealized loss for federal tax purposes was $0.2 billion based on a tax cost basis of $22.0 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for federal income tax purposes was $1.2 billion and the estimated aggregate gross unrealized gain for federal income tax purposes was $1.0 billion.