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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Carrying Value of Long-Term Debt
As of December 31,
Maturity DateInterest Rate20232022
Credit Facility
Senior unsecured revolving loan facilityDecember 2026Variable$— $72.5 
Term Loans
Senior unsecured term loan facilityDecember 2026Variable634.5 784.5 
Unsecured Senior Notes
Senior notes due 2024December 20245.500 %575.0 575.0 
Senior notes due 2025May 20254.125 %600.0 600.0 
Senior notes due 2026December 20262.670 %1,000.0 1,000.0 
Senior notes due 2028April 20284.250 %600.0 600.0 
Senior notes due 2028December 20283.276 %500.0 500.0 
Senior notes due 2029February 20293.250 %700.0 700.0 
Senior notes due 2031December 20313.569 %1,000.0 1,000.0 
Total unsecured senior notes4,975.0 4,975.0 
Receivable financing liability56.9115.4 
Other long-term obligations6.9 11.6 
Unamortized deferred financing fees(28.4)(36.3)
Current maturities of long-term debt(613.1)(56.3)
Total long-term debt$5,031.8 $5,866.4 
Schedule of Long-term Debt Maturities
As of December 31, 2023, aggregate future maturities of debt, excluding unamortized deferred financing fees, are as follows for the years ending December 31:
YearsDebt Maturities
2024$613.8 
2025623.9 
20261,635.6 
2027— 
20281,100.0 
Thereafter1,700.0 
Total debt maturities$5,673.3 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The approximate fair values and related carrying values of the Company’s long-term debt, including current maturities and excluding unamortized discount and unamortized deferred financing costs, were as follows:
December 31,
20232022
Fair value$5,348.2 $5,412.6 
Carrying value5,673.3 5,959.0