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FINANCIAL INSTRUMENTS - Fair Value and Carrying Value (Details)
kr in Millions
Dec. 31, 2024
USD ($)
Dec. 31, 2024
NOK (kr)
Sep. 30, 2024
NOK (kr)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
NOK (kr)
Dec. 31, 2022
USD ($)
Jun. 04, 2019
NOK (kr)
Non-derivatives:              
Equity securities $ 3,736,000     $ 5,104,000   $ 7,283,000  
Long-term debt 2,862,240,000     2,163,688,000      
Derivatives:              
Financial instruments at fair value, current portion 121,000     4,617,000      
Financial instruments at fair value, long-term portion 15,523,000     13,608,000      
Long term receivables, non-designated swap contracts 11,700,000     11,300,000      
Long term payables, non-designated swap contracts 0.0     0.0      
Not designated as hedging instrument              
Derivatives:              
Financial instruments at fair value, current portion 100,000     300,000      
Interest rate/ currency/ commodity swap contracts – short-term payables $ 14,900,000     500,000      
7.25% senior unsecured sustainability-linked bonds due 2026              
Non-derivatives:              
Interest rate (in percentage) 7.25% 7.25%          
8.875% senior unsecured sustainability-linked bonds due 2027              
Non-derivatives:              
Interest rate (in percentage) 8.875% 8.875%          
8.25% senior unsecured sustainability-linked bonds due 2028              
Non-derivatives:              
Interest rate (in percentage) 8.25% 8.25%          
NOK700 million senior unsecured bonds due 2024              
Non-derivatives:              
Aggregate debt amount $ 700,000,000           kr 700.0
Long-term debt 0 kr 0.0   68,400,000 kr 695.0    
NOK600 million senior unsecured floating rate bonds due 2025              
Non-derivatives:              
Aggregate debt amount 600,000,000            
NOK750 million senior unsecured floating rate bonds due 2029              
Non-derivatives:              
Aggregate debt amount 750,000,000   kr 750.0        
Long-term debt 63,600,000 kr 724.0   0 kr 0.0    
Fair Value, Recurring | Carrying value              
Non-derivatives:              
Equity securities 3,736,000     5,104,000      
Derivatives:              
Financial instruments at fair value, current portion 121,000     4,617,000      
Financial instruments at fair value, long-term portion 15,523,000     13,608,000      
Interest rate/ currency/ commodity swap contracts – short-term payables 14,884,000     12,366,000      
Interest rate/ currency swap/ commodity contracts – long-term payables 103,000     8,965,000      
Fair Value, Recurring | Fair value              
Non-derivatives:              
Equity securities 3,736,000     5,104,000      
Derivatives:              
Financial instruments at fair value, current portion 121,000     4,617,000      
Financial instruments at fair value, long-term portion 15,523,000     13,608,000      
Interest rate/ currency/ commodity swap contracts – short-term payables 14,884,000     12,366,000      
Interest rate/ currency swap/ commodity contracts – long-term payables 103,000     8,965,000      
Fair Value, Recurring | 7.25% senior unsecured sustainability-linked bonds due 2026 | Carrying value              
Non-derivatives:              
Long-term debt 150,000,000     150,000,000      
Fair Value, Recurring | 7.25% senior unsecured sustainability-linked bonds due 2026 | Fair value              
Non-derivatives:              
Long-term debt 150,975,000     146,310,000      
Fair Value, Recurring | 8.875% senior unsecured sustainability-linked bonds due 2027 | Carrying value              
Non-derivatives:              
Long-term debt 150,000,000     150,000,000      
Fair Value, Recurring | 8.875% senior unsecured sustainability-linked bonds due 2027 | Fair value              
Non-derivatives:              
Long-term debt 154,737,000     152,820,000      
Fair Value, Recurring | 8.25% senior unsecured sustainability-linked bonds due 2028 | Carrying value              
Non-derivatives:              
Long-term debt 145,200,000     0      
Fair Value, Recurring | 8.25% senior unsecured sustainability-linked bonds due 2028 | Fair value              
Non-derivatives:              
Long-term debt 149,874,000     0      
Fair Value, Recurring | NOK700 million senior unsecured bonds due 2024 | Carrying value              
Non-derivatives:              
Long-term debt 0     68,426,000      
Fair Value, Recurring | NOK700 million senior unsecured bonds due 2024 | Fair value              
Non-derivatives:              
Long-term debt 0     68,919,000      
Fair Value, Recurring | NOK600 million senior unsecured floating rate bonds due 2025 | Carrying value              
Non-derivatives:              
Long-term debt 0     58,089,000      
Fair Value, Recurring | NOK600 million senior unsecured floating rate bonds due 2025 | Fair value              
Non-derivatives:              
Long-term debt 0     59,181,000      
Fair Value, Recurring | NOK750 million senior unsecured floating rate bonds due 2029 | Carrying value              
Non-derivatives:              
Long-term debt 63,592,000     0      
Fair Value, Recurring | NOK750 million senior unsecured floating rate bonds due 2029 | Fair value              
Non-derivatives:              
Long-term debt $ 63,778,000     $ 0