Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)

v3.23.3
FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities Measured on a Recurring Basis
The following table shows the fair value of our significant financial assets that are required to be measured at fair value on a recurring basis, which are classified on the consolidated balance sheets as cash and cash equivalents.

Estimated Fair Value
September 30, 2023
December 31, 2022
Level 1 Level 2 Total Level 1 Level 2 Total
(in thousands)
Assets:
Cash equivalents $ 573,696  $ —  $ 573,696  $ 503,964  $ —  $ 503,964 
Interest rate swaps $ —  $ 59,291  $ 59,291  $ —  $ 41,515  $ 41,515 
Estimated Fair Values of Debt
The following table presents the estimated fair values of our senior secured notes, senior notes and convertible senior notes:
Estimated Fair Value at
September 30, 2023 December 31, 2022
Level 2
(in thousands)
6.5% Senior Secured Notes due 2027 $ 1,183,812  $ 1,175,460 
3.75% Senior Secured Notes due 2028 $ 443,305  $ 429,035 
4.875% Senior Notes due 2024 $ 565,294  $ 560,027 
5.625% Senior Notes due 2026 $ 288,531  $ 285,315 
4.75% Senior Notes due 2027 $ 870,856  $ 847,562 
2.5% Convertible Senior Notes due 2023 $ —  $ 588,473 
2.0% Convertible Senior Notes due 2025 $ 409,280  $ 397,536 
3.125% Convertible Senior Notes due 2029 $ 1,039,520  $ —