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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net increase (decrease) in net assets resulting from operations $ 11 $ 585 $ 696
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Purchases of investments (5,107) (4,731) (1,817)
Paid-in-kind interest (224) (203) (144)
Proceeds from sales and repayments of investments 5,343 5,974 2,570
Net realized (gain) loss on investments 339 486 343
Net change in unrealized (appreciation) depreciation on investments 178 (217) (166)
Net change in unrealized (appreciation) depreciation on foreign currency forward contracts 12 7 15
Realized loss on extinguishment of debt 7 0 0
Accretion of discount (39) (61) (58)
Amortization of deferred financing costs and discount 24 19 16
Net change in unrealized (appreciation) depreciation on foreign currency translation 98 (36) 17
(Increase) decrease in receivable for investments sold and repaid (127) 60 (34)
(Increase) decrease in income receivable 80 14 (63)
(Increase) decrease in prepaid expenses and other assets 6 (8) 1
Increase (decrease) in payable for investments purchased 6 2 (14)
Increase (decrease) in management fees payable (3) (3) (3)
Increase (decrease) in subordinated income incentive fees payable (7) (6) 14
Increase (decrease) in administrative services expense payable (2) (2) (1)
Increase (decrease) in interest payable (31) 10 8
Increase (decrease) in other accrued expenses and liabilities 28 11 4
Net cash provided by (used in) operating activities 592 1,901 1,384
Cash flows from financing activities      
Repurchases of common stock 0 0 (32)
Stockholder distributions (784) (1,008) (823)
Borrowings under financing arrangements 8,208 4,957 2,169
Repayments of financing arrangements (8,070) (5,759) (2,697)
Deferred financing costs paid (33) (26) (21)
Net cash provided by (used in) financing activities (679) (1,836) (1,404)
Effect of exchange rate changes on cash (1) 0 0
Total increase (decrease) in cash (88) 65 (20)
Cash and foreign currency at beginning of year 296 231 251
Cash and foreign currency at end of year 208 296 231
Supplemental disclosure      
Federal income taxes paid during the year 14 3 1
Interest paid during the year $ 471 $ 437 $ 443