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Short-Term Borrowings and Credit Arrangements (Tables)
12 Months Ended
Dec. 31, 2024
Line of Credit Facility [Line Items]  
Line of credit facilities availability
The availability under the facilities in place for the years ended December 31 is shown in the following table (in millions):
20242023
Unsecured revolving line of credit, expiring November 2028600.0 425.0 
Unsecured revolving line of credit, expiring April 2024— 100.0 
Unsecured revolving line of credit, expiring March 2025— 25.0 
600.0 550.0 
Amounts outstanding at December 31:
SOFR borrowings413.0 318.0 
Letters of credit— — 
413.0 318.0 
Net availability as of December 31$187.0 $232.0