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v3.24.0.1

Notes Payable and Derivatives (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Mar. 31, 2021
--- | --- | ---
Debt Instrument [Line Items] |  |  |
Long-term debt maturities for the next five years |  | $ 1,900,000 |
Notes Payable |  |  |
Debt Instrument [Line Items] |  |  |
Stated Rate |  |  | 3.30%
2024 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | 350,000 |
Discount | [1] | 707 |
Net Price |  | $ 349,293 |
Stated Rate |  | 3.90% |
Effective Rate | [2] | 3.924% |
2025 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 400,000 |
Discount | [1] | 964 |
Net Price |  | $ 399,036 |
Stated Rate |  | 4.00% |
Effective Rate | [2] | 4.029% |
2026 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 350,000 |
Discount | [1] | 3,860 |
Net Price |  | $ 346,140 |
Stated Rate |  | 3.60% |
Effective Rate | [2] | 3.733% |
2027 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 400,000 |
Discount | [1] | 1,628 |
Net Price |  | $ 398,372 |
Stated Rate |  | 3.50% |
Effective Rate | [2] | 3.548% |
2028 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 400,000 |
Discount | [1] | 2,848 |
Net Price |  | $ 397,152 |
Stated Rate |  | 4.30% |
Effective Rate | [2] | 4.388% |
2030 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 400,000 |
Discount | [1] | 1,288 |
Net Price |  | $ 398,712 |
Stated Rate |  | 2.50% |
Effective Rate | [2] | 2.536% |
2033 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 500,000 |
Discount | [1] | 11,620 |
Net Price |  | $ 488,380 |
Stated Rate |  | 5.60% |
Effective Rate | [2] | 5.905% |
2048 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 300,000 |
Discount | [1] | 4,239 |
Net Price |  | $ 295,761 |
Stated Rate |  | 4.80% |
Effective Rate | [2] | 4.89% |
2050 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 300,000 |
Discount | [1] | 6,066 |
Net Price |  | $ 293,934 |
Stated Rate |  | 3.10% |
Effective Rate | [2] | 3.205% |
2051 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 450,000 |
Discount | [1] | 8,406 |
Net Price |  | $ 441,594 |
Stated Rate |  | 3.50% |
Effective Rate | [2] | 3.602% |
2052 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Principal |  | $ 450,000 |
Discount | [1] | 10,422 |
Net Price |  | $ 439,578 |
Stated Rate |  | 3.00% |
Effective Rate | [2] | 3.118% |
[1] | The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method.
[2] | Includes the effects of the discount at issuance.

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