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DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31, 2024 and December 31, 2023 is presented below.

			As of March 31, 2024
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			€			216						04/26/2024						$	236					$	(233)					Other assets
Foreign currency forward contract			CAD			213						04/26/2024						158						(158)						Other assets
Foreign currency forward contract			€			204						04/05/2024						220						(220)						Other assets
Foreign currency forward contract			$			154						04/26/2024						131						(132)						Accounts payable and other liabilities
Foreign currency forward contract			CAD			153						04/18/2024						113						(113)						Other assets
Foreign currency forward contract			£			116						04/26/2024						148						(146)						Other assets
Foreign currency forward contract			€			77						04/26/2024						84						(84)						Other assets
Foreign currency forward contract			NZD			64						04/26/2024						39						(38)						Other assets
Foreign currency forward contract			AUD			50						11/17/2026						62						(63)						Accounts payable and other liabilities
Foreign currency forward contract			£			33						08/21/2026						29						(29)						Other assets
Foreign currency forward contract			€			31						04/29/2024						34						(34)						Other assets
Foreign currency forward contract			AUD			22						04/26/2024						15						(15)						Other assets
Total																		$	1,269					$	(1,265)

			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						01/26/2024						$	200					$	(207)					Accounts payable and other liabilities
Foreign currency forward contract			CAD			168						01/26/2024						120						(124)						Accounts payable and other liabilities
Foreign currency forward contract			CAD			153						01/18/2024						114						(115)						Accounts payable and other liabilities
Foreign currency forward contract			£			116						01/26/2024						140						(147)						Accounts payable and other liabilities
Foreign currency forward contract			NZD			71						01/26/2024						41						(45)						Accounts payable and other liabilities
Foreign currency forward contract			£			56						08/21/2026						69						(70)						Accounts payable and other liabilities
Foreign currency forward contract			$			10						01/26/2024						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						01/26/2024						3						(3)						Accounts payable and other liabilities
Total																		$	703					$	(727)

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

Net realized and unrealized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recognized by the Company for the three months ended March 31, 2024 and 2023 is in the following location in the consolidated statements of operations:

												For the Three Months Ended March 31,
Derivative Instrument			Statement Location															2024						2023
Foreign currency forward contract			Net realized gains (losses) from foreign currency and other transactions															$	(15)					$	(29)
Foreign currency forward contract			Net unrealized gains (losses) from foreign currency and other transactions															$	30					$	26

Schedule of Interest Rate Swap Derivative Instruments

The balance sheet impact of fair valuing the interest rate swaps as of March 31, 2024 and December 31, 2023 is presented below:

			As of March 31, 2024
Derivative Instrument			Notional Amount									Maturity Date						Gross Amount of Recognized Assets						Gross Amount of Recognized Liabilities						Balance Sheet Location of Amounts
Interest rate swap(1)			$			900						01/15/2027						$	1					$	—					Other assets
Interest rate swap(2)			$			1,000						03/01/2029						—						(9)						Accounts payable and other liabilities
Total																		$	1					$	(9)

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

(2)The liability related to the fair value of the interest rate swap is offset by a $9 decrease to the carrying value of the 2029 Notes.

			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			$			900						01/15/2027						$	15					$	—					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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