Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2026

Long-Term Debt

Long-Term Debt (Table)

	June 30, 2026
			Net
			unamortized
			discount,
			premium and
			debt issuance		Carrying
	Principal		cost		amount
	(in millions)
3.1% notes payable, due 2026	$	350.0	$	(0.1)	$	349.9
4.111% notes payable, due 2028		400.0		(7.5)		392.5
3.7% notes payable, due 2029		500.0		(2.1)		497.9
2.125% notes payable, due 2030		600.0		(2.0)		598.0
5.375% notes payable, due 2033		400.0		(3.0)		397.0
6.05% notes payable, due 2036		505.6		(1.9)		503.7
5.3% notes payable, due 2037		400.0		(5.1)		394.9
4.625% notes payable, due 2042		300.0		(2.6)		297.4
4.35% notes payable, due 2043		300.0		(2.6)		297.4
4.3% notes payable, due 2046		300.0		(2.8)		297.2
5.5% notes payable, due 2053		300.0		(4.2)		295.8
Non-recourse mortgages and notes payable		2.9		(0.2)		2.7
Total long-term debt	$	4,358.5	$	(34.1)	$	4,324.4

	December 31, 2025
			Net
			unamortized
			discount,
			premium and
			debt issuance		Carrying
	Principal		cost		amount
	(in millions)
3.1% notes payable, due 2026	$	350.0	$	(0.4)	$	349.6
4.111% notes payable, due 2028		400.0		(9.8)		390.2
3.7% notes payable, due 2029		500.0		(2.5)		497.5
2.125% notes payable, due 2030		600.0		(2.2)		597.8
5.375% notes payable, due 2033		400.0		(3.1)		396.9
6.05% notes payable, due 2036		505.6		(1.9)		503.7
4.625% notes payable, due 2042		300.0		(2.6)		297.4
4.35% notes payable, due 2043		300.0		(2.6)		297.4
4.3% notes payable, due 2046		300.0		(2.8)		297.2
5.5% notes payable, due 2053		300.0		(4.2)		295.8
Non-recourse mortgages and notes payable		2.9		(0.1)		2.8
Total long-term debt	$	3,958.5	$	(32.2)	$	3,926.3