Interest (Income) Expense

12 Months Ended

Dec. 31, 2023

Banking And Thrift Interest [Abstract]

Interest (Income) Expense

18. Interest (Income) Expense

The components of net interest (income) expense are as follows (in thousands):

	Year Ended December 31,
	2023			2022			2021
Interest expense	$	245,954		$	218,911		$	163,121
Interest income		(275,586	)		(48,695	)		(4,267	)
Interest expense, net	$	(29,632	)	$	170,216		$	158,854

Interest paid was $257.1 million in 2023 ($229.5 million in 2022 and $170.7 million in 2021).