XML 56 R44.htm IDEA: XBRL DOCUMENT v3.24.3
Long-term debt (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 13, 2024
Aug. 07, 2024
May 09, 2024
Sep. 30, 2024
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2023
Debt Instrument [Line Items]              
Total debt principal outstanding       $ 9,623,754   $ 9,623,754 $ 8,445,980
Discount Premium And Deferred Financing Costs       (67,168)   (67,168) (54,347)
Carrying amount of long-term debt, net of unamortized discounts       9,556,586   9,556,586 8,391,633
Less current portion       (296,255)   (296,255) (123,299)
Total long-term debt       $ 9,260,331   $ 9,260,331 8,268,334
Debt interest rate during period       5.69%   4.84%  
Long-term debt, weighted average interest rate, at point in time       5.71%   5.71%  
Revolving line of credit              
Debt Instrument [Line Items]              
Secured Debt       $ 0   $ 0 0
Revolving line of credit, fair value of amount outstanding       0   $ 0  
Debt Instrument, Maturity Date           Apr. 28, 2028  
SOFR | Revolving line of credit              
Debt Instrument [Line Items]              
Debt Instrument, Description of Variable Rate Basis           Base + 1.75%  
4.625% Senior Notes              
Debt Instrument [Line Items]              
Senior Notes       2,750,000   $ 2,750,000 2,750,000
Debt Instrument, Fair Value Disclosure       2,622,813   $ 2,622,813  
Debt interest rate during period           4.625%  
Debt Instrument, Maturity Date           Jun. 01, 2030  
3.75% Senior Notes              
Debt Instrument [Line Items]              
Senior Notes       1,500,000   $ 1,500,000 1,500,000
Debt Instrument, Fair Value Disclosure       1,350,000   $ 1,350,000  
Debt interest rate during period           3.75%  
Debt Instrument, Maturity Date           Feb. 15, 2031  
6.875% Senior Notes              
Debt Instrument [Line Items]              
Senior Notes $ 1,000,000     1,000,000   $ 1,000,000  
Debt Instrument, Fair Value Disclosure       $ 1,035,000   $ 1,035,000  
Debt interest rate during period 6.875%     6.875%      
Debt Instrument, Payment Terms The 6.875% Senior Notes pay interest on March 1 and September 1 of each year beginning March 1, 2025 and mature on September 1, 2032            
Debt Instrument, Date of First Required Payment Mar. 01, 2025            
Debt Instrument, Maturity Date           Sep. 01, 2032  
Debt Instrument, Redemption, Description The Company may redeem up to 40% of the aggregate principal amount of the 6.875% Senior Notes at any time prior to September 1, 2027            
Debt Instrument, Redemption Price, Percentage Any time Prior to September 1, 2027 106.875%            
Debt Instrument, Redemption Price, Percentage On or After September 1, 2027 101.00%            
Debt Instrument related fees, discounts, and other professional expenses $ 11,187            
Acquisition obligations and other notes payable              
Debt Instrument [Line Items]              
Acquisition obligations and other notes payable       $ 87,945   $ 87,945 102,328
Long-term debt, weighted average interest rate, at point in time       6.55%   6.55%  
Acquisition obligations and other notes payable, fair value       $ 87,945   $ 87,945  
Debt instrument, maturity date, description           2024-2036  
Financing lease obligations              
Debt Instrument [Line Items]              
Financing lease obligations       $ 236,722   $ 236,722 255,491
Finance lease, weighted average discount rate, percent       4.62%   4.62%  
Debt instrument, maturity date, description           2025-2040  
Change Healthcare Temporary Funding Assistance              
Debt Instrument [Line Items]              
Debt interest rate during period           0.00%  
CHC Temporary Funding Assistance       $ 119,814   $ 119,814  
CHC Temporary Funding Assistance, Fair Value       $ 119,814   119,814  
CHC Repayment Terms       within 45 business days of notice      
Term Loan A-1              
Debt Instrument [Line Items]              
Secured Debt       $ 2,289,022   2,289,022 1,234,375
Debt Instrument, Fair Value Disclosure       2,277,577   2,277,577  
Debt Instrument, Periodic Payment, Principal           $ 45,353  
Debt Instrument, Maturity Date           Apr. 28, 2028  
Term Loan A-1 | SOFR              
Debt Instrument [Line Items]              
Debt Instrument, Description of Variable Rate Basis           Base + 1.75%  
Increased Term Loan A-1              
Debt Instrument [Line Items]              
Proceeds from Issuance of Debt $ 1,100,000            
Debt Instrument, effective date Aug. 13, 2024 Aug. 07, 2024          
Changes to Terms of Debt Agreement   The Sixth Amendment also incorporated the provisions of the Fifth Amendment to the Credit Agreement, dated as of August 7, 2024, which removed a cap on the amount of incremental term "A" loans the Company can incur under the Credit Agreement.          
Debt Instrument, Payment Terms The Increased Term Loan A-1 requires amortizing quarterly principal payments that began on September 30, 2024 of $29,728 per quarter through June 30, 2027, and $44,591 per quarter from September 30, 2027 through March 31, 2028, with the balance due on April 28, 2028.            
Debt Instrument, Frequency of Periodic Payment quarterly            
Debt Instrument, Date of First Required Payment Sep. 30, 2024            
Debt Instrument, Quarterly Payment Through June 30, 2027 $ 29,728            
Debt Instrument, Quarterly Payment From September 30, 2027 Through March 31, 2028 $ 44,591            
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid       1,828,245   $ 1,828,245  
Debt Instrument, Maturity Date Range, Start Sep. 30, 2024            
Debt Instrument, Maturity Date Range, End Apr. 28, 2028            
Debt Instrument, Maturity Date Apr. 28, 2028            
Increased Term Loan A-1 | Minimum              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin 0.00%            
Increased Term Loan A-1 | SOFR | Minimum              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin 1.25%            
Increased Term Loan A-1 | SOFR | Maximum              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin 2.25%            
Increased Term Loan A-1 | Adjusted Rate              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin 0.10%            
Term Loan B-1              
Debt Instrument [Line Items]              
Secured Debt       0   0 $ 2,603,786
Debt Instrument, Fair Value Disclosure       0   0  
Debt Instrument, Periodic Payment, Principal           $ 13,716  
Debt Instrument, Maturity Date           Aug. 12, 2026  
Constructive Financing Cash Outflows         $ 722,351    
Prepayment of Term Loan B 1 $ 949,819       728,653    
Extended Term Loan B-1              
Debt Instrument [Line Items]              
Secured Debt       1,640,251   $ 1,640,251  
Debt Instrument, Fair Value Disclosure       $ 1,638,201   $ 1,638,201  
Debt Instrument, effective date     May 09, 2024        
Debt Instrument, Payment Terms           The Extended Term Loan B-1 requires quarterly principal payments beginning on December 31, 2024 of 0.25% of the aggregate principal amount of the Extended Term Loan B-1 outstanding on the Fourth Amendment Effective Date, with the balance due on May 9, 2031.  
Debt Instrument, Frequency of Periodic Payment           quarterly  
Debt Instrument, Date of First Required Payment       Dec. 31, 2024      
Debt Instrument, Quarterly Payment, % of Aggregate Principal Outstanding       0.25%   0.25%  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid       $ 1,533,635   $ 1,533,635  
Debt Instrument, Maturity Date Range, Start       Dec. 31, 2024      
Debt Instrument, Maturity Date Range, End           May 09, 2031  
Debt Instrument, Maturity Date           May 09, 2031  
Constructive Financing Cash Outflows         $ 6,302    
Extended Term Loan B-1 | Minimum              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin       0.00%      
Extended Term Loan B-1 | SOFR              
Debt Instrument [Line Items]              
Debt Instrument, Description of Variable Rate Basis       SOFR + 2.00%      
Term Loan A-1 and Revolver | Adjusted Rate              
Debt Instrument [Line Items]              
SOFR Plus Interest Rate Margin           0.10%