- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

CREDIT FACILITIES - Schedule of Line of Credit Facilities (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Line of Credit Borrowing and Repayment [Roll Forward]
Amount borrowed													$ 798,000,000.0	$ 891,000,000.0	$ 1,235,000,000
Amount repaid													(798,000,000.0)	(891,000,000.0)	(1,235,000,000)
Revolving Facility \| Line of Credit
Line of Credit Borrowing and Repayment [Roll Forward]
Outstanding Opening Balances				$ 0				$ 0				$ 0	0	0	0
Amount borrowed	$ 313,000,000.0	$ 20,000,000.0	$ 180,000,000.0	285,000,000.0	$ 270,000,000.0	$ 140,000,000.0	$ 200,000,000.0	281,000,000.0	$ 300,000,000.0	$ 359,000,000.0	$ 348,000,000.0	228,000,000.0
Amount repaid	(313,000,000.0)	(20,000,000.0)	(208,000,000.0)	(257,000,000.0)	(270,000,000.0)	(140,000,000.0)	(200,000,000.0)	(281,000,000.0)	(300,000,000.0)	(359,000,000.0)	(348,000,000.0)	(228,000,000.0)
Outstanding Ending Balances	0				0				0				0	0	0
Secured Debt \| Line of Credit
Line of Credit Borrowing and Repayment [Roll Forward]
Outstanding Opening Balances				608,900,000				627,200,000				660,400,000	608,900,000	627,200,000	660,400,000
Amount borrowed	0	0	750,000,000.0	0	0	0	0	0	0	0	0	0
Amount repaid	(4,375,000)	$ (4,375,000)	$ (604,300,000)	$ (4,562,500)	(4,562,500)	$ (4,562,500)	$ (4,562,500)	$ (4,562,500)	(19,562,500)	$ (4,562,500)	$ (4,562,500)	$ (4,562,500)
Outstanding Ending Balances	$ 741,200,000				$ 608,900,000				627,200,000				$ 741,200,000	$ 608,900,000	$ 627,200,000
Secured Debt \| Line of Credit \| Incremental Term Loan
Line of Credit Borrowing and Repayment [Roll Forward]
Debt prepayment cost									$ 15,000,000.0