XML 36 R23.htm IDEA: XBRL DOCUMENT v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
June 30, 2025December 31, 2024
Maturity DateInterest RateAmountAmount
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 2025May 20254.125%— 211.1 
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%600.0 600.0 
Senior notes due 2031December 20313.569%1,000.0 1,000.0 
Senior notes due 2034August 20345.550%600.0 600.0 
Total unsecured senior notes5,000.0 5,211.1 
Receivable financing liability20.2 21.2 
Other long-term obligations6.9 8.8 
Unamortized debt issuance costs and discount(28.9)(32.8)
Current maturities of long-term debt(9.5)(235.8)
Total long-term debt$5,623.2 $5,607.0 
Schedule of Carrying Value of Long-Term Debt
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:
June 30, 2025December 31, 2024
Fair value$5,503.7 $5,602.8 
Carrying value$5,661.6 $5,875.6