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Consolidated Statements of Operations - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Investment income      
Paid-in-kind interest income $ 224.0 $ 203.0 $ 144.0
Total investment income 1,519.0 1,721.0 1,830.0
Operating expenses      
Management fees 206.0 216.0 226.0
Subordinated income incentive fees [1] 136.0 167.0 181.0
Administrative services expenses 10.0 10.0 12.0
Accounting and administrative fees 4.0 4.0 4.0
Interest expense [2] 464.0 465.0 467.0
Other general and administrative expenses 23.0 23.0 26.0
Total operating expenses 843.0 885.0 916.0
Net investment income before taxes 676.0 836.0 914.0
Excise taxes 22.0 23.0 22.0
Net investment income 654.0 813.0 892.0
Realized and unrealized gain/loss      
Net realized gain (loss) on investments: (339.0) (486.0) (343.0)
Net realized gain (loss) on foreign currency forward contracts (9.0) 19.0 8.0
Net change in unrealized appreciation (depreciation) on investments: (178.0) 217.0 166.0
Net change in unrealized appreciation (depreciation) on foreign currency forward contracts (12.0) (7.0) (15.0)
Net change in unrealized gain (loss) on foreign currency (58.0) 38.0 (21.0)
Total net realized and unrealized gain (loss) (624.0) (228.0) (193.0)
Provision for taxes on realized and unrealized gains on investments (12.0) 0.0 (3.0)
Realized loss on extinguishment of debt (7.0) 0.0 0.0
Net increase (decrease) in net assets resulting from operations $ 11.0 $ 585.0 $ 696.0
Per share information—basic and diluted      
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - basic (in dollars per share) $ 0.04 $ 2.09 $ 2.48
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - diluted (in dollars per share) $ 0.04 $ 2.09 $ 2.48
Weighted average shares outstanding - basic (in shares) 280,066,433 280,066,433 280,276,768
Weighted average shares outstanding - diluted (in shares) 280,066,433 280,066,433 280,276,768
Non-controlled/unaffiliated      
Investment income      
Interest income $ 844.0 $ 1,059.0 $ 1,183.0
Paid-in-kind interest income 69.0 67.0 108.0
Fee income 31.0 53.0 30.0
Dividend and other income 35.0 26.0 14.0
Realized and unrealized gain/loss      
Net realized gain (loss) on investments: (263.0) (448.0) (147.0)
Net realized gain (loss) on foreign currency (28.0) (9.0) 12.0
Net change in unrealized appreciation (depreciation) on investments: 14.0 255.0 30.0
Non-controlled/affiliated      
Investment income      
Interest income 30.0 42.0 25.0
Paid-in-kind interest income 66.0 [3] 49.6 [4] 39.0
Fee income 3.6 [3] 1.1 [4] 1.0
Dividend and other income 23.6 [3] 15.5 [4] 28.0
Realized and unrealized gain/loss      
Net realized gain (loss) on investments: (2.3) (60.7) (21.0)
Net change in unrealized appreciation (depreciation) on investments: (86.2) 134.4 9.0
Controlled/affiliated      
Investment income      
Interest income 43.0 71.0 87.0
Paid-in-kind interest income 88.5 [5] 93.5 [6] 45.0
Fee income 1.1 [5] 9.3 [6] 4.0
Dividend and other income 283.4 [5] 232.5 [6] 266.0
Realized and unrealized gain/loss      
Net realized gain (loss) on investments: (73.7) 23.2 (175.0)
Net change in unrealized appreciation (depreciation) on investments: $ (105.8) $ (171.6) $ 127.0
[1] See Note 2 and 4 for a discussion of the methodology employed by the Company in calculating the subordinated income incentive fees.
[2] See Note 9 for a discussion of the Company’s financing arrangements.
[3] Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2025.
[4] Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2024.
[5] Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2025.
[6] Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2024.