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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Carrying Value of Long-Term Debt
As of December 31,
Maturity DateInterest Rate20242023
Credit Facility
Senior unsecured revolving loan facilityDecember 2026Variable$— $— 
Term Loan
Senior unsecured term loan facilityDecember 2026Variable634.5 634.5 
Unsecured Senior Notes
Senior notes due 2024December 20245.500 %— 575.0 
Senior notes due 2025May 20254.125 %211.1 600.0 
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 2030March 20305.100 %600.0 — 
Senior notes due 2031December 20313.569 %1,000.0 1,000.0 
Senior notes due 2034August 20345.550 %600.0 — 
Total unsecured senior notes5,211.1 4,975.0 
Receivable financing liability21.2 56.9 
Other long-term obligations8.8 6.9 
Unamortized debt issuance costs and discount(32.8)(28.4)
Current maturities of long-term debt(235.8)(613.1)
Total long-term debt$5,607.0 $5,031.8 
Schedule of Long-term Debt Maturities
As of December 31, 2024, aggregate future maturities of debt, excluding unamortized debt issuance costs, are as follows for the years ending December 31:
YearsDebt Maturities
2025$236.0 
20261,637.2 
20271.7 
20281,100.7 
2029700.0 
Thereafter2,200.0 
Total debt maturities$5,875.6 
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 debt issuance costs, were as follows:
December 31,
20242023
Fair value$5,602.8 $5,348.2 
Carrying value5,875.6 5,673.3