CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
OPERATING ACTIVITIES:
Net increase in stockholders' equity resulting from operations	$ 1,299	$ 1,522	$ 1,522
Adjustments to reconcile net increase in stockholders’ equity resulting from operations:
Net realized losses on investments, foreign currency and other transactions	20	88	171
Net unrealized (gains) losses on investments, foreign currency and other transactions	96	(188)	(435)
Realized loss on extinguishment of debt	0	14	0
Net gain on interest rate swaps accounted for as hedge instruments and the related hedged items	(1)	0	0
Net accretion of discount on investments	(17)	(17)	(18)
PIK interest	(219)	(206)	(166)
Collections of PIK interest	131	109	48
PIK dividends	(268)	(257)	(198)
Collections of PIK dividends	149	33	11
Amortization of debt issuance costs	34	33	31
Net amortization of discount/premium on notes payable	0	(6)	(5)
Proceeds from sales and repayments of investments and other transactions	11,216	9,212	5,315
Purchases of investments	(14,075)	(12,622)	(5,804)
Changes in operating assets and liabilities:
Interest receivable	(2)	(45)	(60)
Other assets	(35)	5	(8)
Base management fee payable	11	16	5
Capital gains incentive fee payable	(2)	1	9
Capital gains incentive fee payable	(23)	17	53
Interest and facility fees payable	23	38	27
Payable to participants	(32)	134	(5)
Interest rate swap collateral payable	93	62	31
Accounts payable and other liabilities	(115)	(71)	(13)
Net cash provided by (used in) operating activities	(1,717)	(2,128)	511
FINANCING ACTIVITIES:
Borrowings on debt	12,534	13,238	5,215
Repayments and repurchases of debt	(10,340)	(10,968)	(5,558)
Debt issuance costs	(45)	(59)	(20)
Repayment of 2024 Convertible Notes	0	(10)	0
Net proceeds from issuance of common stock	928	1,364	1,155
Dividends paid	(1,264)	(1,139)	(1,031)
Secured borrowings, net	(32)	(2)	(45)
Net cash provided by (used in) financing activities	1,781	2,424	(284)
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	64	296	227
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	860	564	337
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	924	860	564
Supplemental Information:
Interest paid during the period	750	676	524
Taxes, including excise taxes, paid during the period	163	66	36
Dividends declared and payable during the period	$ 1,351	$ 1,219	$ 1,078