Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)

v3.22.1
FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
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
March 31, 2022
December 31, 2021
Level 1 Level 2 Total Level 1 Level 2 Total
(in thousands)
Assets:
    Cash equivalents $ 852,653  $ —  $ 852,653  $ 620,980  $ —  $ 620,980 
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
March 31, 2022 December 31, 2021
Level 2
(in thousands)
6.5% Senior Secured Notes due 2027 $ 1,278,408  $ 1,315,284 
3.75% Senior Secured Notes due 2028 $ 471,290  $ 498,380 
4.75% Senior Notes due 2027 $ 927,134  $ 978,358 
4.875% Senior Notes due 2024 $ 578,404  $ 582,952 
5.625% Senior Notes due 2026 $ 305,865  $ 310,284 
2.5% Convertible Senior Notes due 2023 $ 972,725  $ 996,369 
2.0% Convertible Senior Notes due 2025 $ 518,376  $ 531,040