DEBT (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following:

	As of December 31,
	2023		2022
	(In millions)
4.50% Senior Notes due 2028	$	405.0	$	405.0
4.625% Senior Notes due 2029	800.0		800.0
4.75% Senior Notes due 2030	445.0		445.0
5.00% Senior Notes due 2032	600.0		600.0
Mortgage notes payable bearing interest at fixed rates (the weighted average interest rates were 5.9% and 5.4% for the year ended December 31, 2023 and 2022, respectively) (a)	31.9		38.3
2021 Real Estate Facility	614.4		660.6
2021 BofA Real Estate Facility	165.9		173.3
2018 Bank of America Facility (b)	50.3		54.5
2018 Wells Fargo Master Loan Facility	72.0		76.9
2013 BofA Real Estate Facility	—		24.9
2015 Wells Fargo Master Loan Facility	37.2		42.3
2023 Syndicated Revolving Credit Facility	—		—
Finance lease liability	8.4		8.4
Total debt outstanding	3,230.1		3,329.2
Add—unamortized premium on 4.50% Senior Notes due 2028	0.6		0.8
Add—unamortized premium on 4.75% Senior Notes due 2030	1.3		1.6
Less—debt issuance costs	(25.9)		(30.4)
Long-term debt, including current portion	3,206.2		3,301.2
Less—current portion, net of debt issuance costs	(84.9)		(84.5)
Long-term debt	$	3,121.2	$	3,216.8

____________________________

(a) Mortgage notes payable as of December 31, 2022 excludes $2.7 million classified as liabilities associated with assets held for sale.

(b) Amounts reflected for the 2018 Bank of America Facility as of December 31, 2022 exclude $4.1 million classified as

liabilities associated with assets held for sale.

Schedule of Aggregate Maturities

The aggregate maturities of long-term debt as of December 31, 2023 are as follows (in millions): 

2024	$	85.7
2025	134.1
2026	553.0
2027	12.4
2028	464.6
Thereafter	1,980.2
Total maturities of long-term debt	$	3,230.1

Schedule of Mortgage Notes Payable

Below is a summary of our outstanding mortgage notes payable, the carrying values of the related collateralized real estate, and year of maturity as of December 31, 2023 and 2022:

	As of December 31, 2023					As of December 31, 2022
Mortgage Agreement	Aggregate Principal Outstanding		Carrying Value of Collateralized Related Real Estate		Maturity Dates	Aggregate Principal Outstanding		Carrying Value of Collateralized Related Real Estate		Maturity Dates
Captive mortgages (a)	$	31.9	$	86.3	2024	$	38.3	$	98.0	2023-2024
2021 Real Estate Facility	614.4		852.4		2026	660.6		864.6		2026
2021 BofA Real Estate Facility	165.9		198.4		2031	173.3		197.3		2031
2018 BofA Real Estate Facility (b)	50.3		72.7		2025	54.5		78.7		2025
2018 Wells Fargo Master Loan Facility	72.0		103.6		2028	76.9		105.0		2028
2013 BofA Real Estate Facility	—		—		N/A	24.9		61.7		2023
2015 Wells Fargo Master Loan Facility	37.2		83.1		2025	42.3		84.2		2025
Total mortgage debt	$	971.7	$	1,396.5		$	1,070.8	$	1,489.5

___________________________

(a) Amounts reflected for the mortgage notes payable as of December 31, 2022, exclude $2.7 million classified as liabilities associated with assets held for sale.

(b) Amounts reflected for the 2018 Bank of America Facility as of December 31, 2022, exclude $4.1 million classified as

liabilities associated with assets held for sale.