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DEBT - Components of Debt Interest Expense (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Line of Credit Facility [Line Items] |  |  |  |
Amortization of debt issuance costs |  |  | $ 25 | $ 23
Net amortization of original issue premium/discount |  |  | (5) | (3)
Interest and credit facility fees | $ 195 | $ 145 | 528 | 425
Cash paid for interest expense |  |  | 513 | 412
Senior Notes |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 102 | 69 | 298 | 193
Amortization of debt issuance costs | 4 | 4 | 12 | 11
Net amortization of original issue premium/discount | (2) | (2) | (5) | (5)
Interest and credit facility fees | 104 | 71 | 305 | 199
Cash paid for interest expense | 162 | 80 | 315 | 214
Revolving Credit Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | 1,818 | 1,479 | 1,420 | 1,885
Revolving Credit Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 33 | 26 | 78 | 94
Credit facility fees | 3 | 3 | 10 | 9
Amortization of debt issuance costs | 2 | 2 | 7 | 6
Interest and credit facility fees | 38 | 31 | 95 | 109
Cash paid for interest expense | $ 31 | $ 28 | $ 92 | $ 103
Average stated interest rate | 7.22% | 7.25% | 7.33% | 6.64%
Revolving Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 872 | $ 863 | $ 721 | $ 847
Revolving Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 17 | 16 | 41 | 44
Credit facility fees | 1 | 1 | 5 | 4
Amortization of debt issuance costs | 1 | 1 | 3 | 3
Interest and credit facility fees | 19 | 18 | 49 | 51
Cash paid for interest expense | $ 16 | $ 16 | $ 42 | $ 43
Average stated interest rate | 7.34% | 7.46% | 7.42% | 6.96%
SMBC Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 482 | $ 401 | $ 356 | $ 414
SMBC Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 10 | 7 | 22 | 21
Credit facility fees | 0 | 1 | 2 | 2
Amortization of debt issuance costs | 1 | 1 | 2 | 2
Interest and credit facility fees | 11 | 9 | 26 | 25
Cash paid for interest expense | $ 9 | $ 7 | $ 21 | $ 21
Average stated interest rate | 7.80% | 7.34% | 8.11% | 6.78%
BNP Funding Facility |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Average outstanding balance | $ 623 | $ 493 | $ 587 | $ 401
BNP Funding Facility | Line of Credit |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 12 | 10 | 35 | 23
Credit facility fees | 1 | 0 | 1 | 1
Amortization of debt issuance costs | 1 | 0 | 1 | 1
Interest and credit facility fees | 14 | 10 | 37 | 25
Cash paid for interest expense | $ 11 | $ 10 | $ 34 | $ 22
Average stated interest rate | 7.52% | 8.32% | 7.76% | 7.75%
2024-1 CLO Notes | Secured Debt |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | $ 9 |  | $ 13 |
Amortization of debt issuance costs | 0 |  | 0 |
Interest and credit facility fees | 9 |  | 13 |
Cash paid for interest expense | $ 0 |  | $ 0 |
Average stated interest rate | 7.32% |  | 7.26% |
Average outstanding balance | $ 476 |  | $ 226 |
Convertible Unsecured Notes | Convertible Debt |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest expense | 0 | $ 5 | 3 | $ 14
Net amortization of original issue premium/discount | 0 | 1 | 0 | 2
Interest and credit facility fees | 0 | 6 | 3 | 16
Cash paid for interest expense | $ 0 | $ 0 | $ 9 | $ 9

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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-3 + Details
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