XML 92 R75.htm IDEA: XBRL DOCUMENT v3.22.4
FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)
$ in Millions
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value $ 21,779.8 $ 20,009.5
Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 21,361.0 19,908.0
Level 3 | Yield analysis | First lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 9,165.0 9,456.0
Level 3 | Yield analysis | Second lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 3,841.0 4,432.0
Level 3 | Yield analysis | Senior subordinated loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 1,021.0 889.0
Level 3 | Discounted cash flow analysis | Subordinated certificates of the SDLP    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 1,249.0 987.0
Level 3 | Discounted cash flow analysis | Ivy Hill Asset Management, L.P.    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 2,201.0 936.0
Level 3 | EV market multiple analysis | Preferred equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value 2,023.0 1,561.0
Level 3 | EV market multiple analysis | Other equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value $ 1,861.0 $ 1,647.0
Level 3 | Market yield | Yield analysis | Minimum | First lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 7.6 2
Level 3 | Market yield | Yield analysis | Minimum | Second lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 11 6.8
Level 3 | Market yield | Yield analysis | Minimum | Senior subordinated loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 8 7.1
Level 3 | Market yield | Yield analysis | Maximum | First lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 26.1 16.5
Level 3 | Market yield | Yield analysis | Maximum | Second lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 32.4 22.9
Level 3 | Market yield | Yield analysis | Maximum | Senior subordinated loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 16.3 27.8
Level 3 | Market yield | Yield analysis | Weighted Average | First lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 12.3 7.6
Level 3 | Market yield | Yield analysis | Weighted Average | Second lien senior secured loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 14.9 9.5
Level 3 | Market yield | Yield analysis | Weighted Average | Senior subordinated loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 12.9 11.5
Level 3 | Discount rate | Discounted cash flow analysis | Minimum | Subordinated certificates of the SDLP    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 12.4 8.8
Level 3 | Discount rate | Discounted cash flow analysis | Minimum | Ivy Hill Asset Management, L.P.    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 12.9 9.9
Level 3 | Discount rate | Discounted cash flow analysis | Maximum | Subordinated certificates of the SDLP    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 14.8 9.7
Level 3 | Discount rate | Discounted cash flow analysis | Maximum | Ivy Hill Asset Management, L.P.    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 25.7 27.9
Level 3 | Discount rate | Discounted cash flow analysis | Weighted Average | Subordinated certificates of the SDLP    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 13.5 9.3
Level 3 | Discount rate | Discounted cash flow analysis | Weighted Average | Ivy Hill Asset Management, L.P.    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 14.2 16.3
Level 3 | EBITDA multiple | EV market multiple analysis | Minimum | Preferred equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 2.6 3.2
Level 3 | EBITDA multiple | EV market multiple analysis | Minimum | Other equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 2.1 4.9
Level 3 | EBITDA multiple | EV market multiple analysis | Maximum | Preferred equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 40.6 64.4
Level 3 | EBITDA multiple | EV market multiple analysis | Maximum | Other equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 52.1 32.1
Level 3 | EBITDA multiple | EV market multiple analysis | Weighted Average | Preferred equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 15.7 16.5
Level 3 | EBITDA multiple | EV market multiple analysis | Weighted Average | Other equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Unobservable Input 15.6 14.9