XML 102 R91.htm IDEA: XBRL DOCUMENT v3.25.3
Subsequent Events (Details)
$ in Millions
1 Months Ended
Oct. 24, 2025
USD ($)
additionalPeriod
Oct. 15, 2025
USD ($)
Oct. 06, 2025
USD ($)
numberOfCounterparties
Oct. 31, 2025
USD ($)
Sep. 30, 2025
USD ($)
Feb. 03, 2025
USD ($)
Dec. 31, 2024
USD ($)
Subsequent Event [Line Items]              
Total principal amount         $ 9,261.5   $ 5,861.5
First Swap              
Subsequent Event [Line Items]              
Notional value         $ 200.0    
Fixed interest rate         4.173%    
Second Swap              
Subsequent Event [Line Items]              
Notional value         $ 300.0    
Subsequent Event | 2025 Plan Year | Pension Plan              
Subsequent Event [Line Items]              
Contributions by employer, cash   $ 4.5   $ 4.5      
Subsequent Event | Interest rate swap:              
Subsequent Event [Line Items]              
Derivative, number of instruments held | numberOfCounterparties     2        
Subsequent Event | First Swap              
Subsequent Event [Line Items]              
Notional value     $ 400.0        
Fixed interest rate     3.332%        
Subsequent Event | Second Swap              
Subsequent Event [Line Items]              
Notional value     $ 400.0        
Fixed interest rate     3.365%        
Subsequent Event | Third Swap              
Subsequent Event [Line Items]              
Notional value     $ 400.0        
Fixed interest rate     3.417%        
Subsequent Event | Revolving Credit Facility Capacity Through January 23, 2027              
Subsequent Event [Line Items]              
Remaining borrowing capacity     $ 475.0        
Subsequent Event | Revolving Credit Facility Capacity Through December 30, 2027              
Subsequent Event [Line Items]              
Remaining borrowing capacity     $ 425.0        
7.500% Senior Secured Notes Due 2033 | Subsequent Event              
Subsequent Event [Line Items]              
Approval period     60 days        
7.500% Senior Secured Notes Due 2033 | Secured Debt | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount     $ 1,400.0        
Issuance senior notes, stated percentage     7.50%        
Redemption price, percentage     100.00%        
7.500% Senior Secured Notes Due 2033 | Secured Debt | Subsequent Event | Debt Instrument, Redemption, Period One              
Subsequent Event [Line Items]              
Redemption price, percentage     103.00%        
Redemption price, percentage of principal amount redeemed     0.10        
7.500% Senior Secured Notes Due 2033 | Secured Debt | Subsequent Event | Debt Instrument, Redemption, Period Two              
Subsequent Event [Line Items]              
Redemption price, percentage     107.50%        
Redemption price, percentage of principal amount redeemed     0.40        
7.500% Senior Secured Notes Due 2033 | Secured Debt | Subsequent Event | Debt Instrument, Redemption, Period Three              
Subsequent Event [Line Items]              
Redemption price, percentage     101.00%        
Redemption price, percentage of principal amount redeemed     0.60        
Senior secured notes - 10.50%, due February 15, 2028 (discount is based on imputed interest rate of 10.99%)              
Subsequent Event [Line Items]              
Aggregate principal amount           $ 125.0  
Issuance senior notes, stated percentage         10.50%    
Total principal amount         $ 2,275.0   $ 2,900.0
Senior secured notes - 10.50%, due February 15, 2028 (discount is based on imputed interest rate of 10.99%) | Subsequent Event              
Subsequent Event [Line Items]              
Issuance senior notes, stated percentage     10.50%        
New Seven-Year Term Loan Facility | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount     $ 1,000.0        
Redemption price, percentage     1.00%        
Debt instrument, term     7 years        
Period of repricing transactions     6 months        
New Seven-Year Term Loan Facility | Subsequent Event | Base Rate              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate     3.00%        
New Seven-Year Term Loan Facility | Subsequent Event | Adjusted Term SOFR              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate     4.00%        
Interest rate during period     0.00%        
Secured Fiber Network Revenue Term Notes | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount $ 250.0            
Redemption price, percentage 100.00%            
Total principal amount $ 839.0            
Series 2025-1, Class A-2 Term Notes | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount $ 180.0            
Issuance senior notes, stated percentage 5.177%            
Series 2025-2, Class B Term Notes | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount $ 28.2            
Issuance senior notes, stated percentage 5.621%            
Series 2025-2, Class C Term Notes | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount $ 41.8            
Issuance senior notes, stated percentage 7.834%            
Series 2025-2, Class A-1 Variable Funding Notes | Subsequent Event              
Subsequent Event [Line Items]              
Aggregate principal amount $ 75.0            
Other commitment $ 0.0            
VFN ARD And ABS-2 ARD, Collectively, The ARD | Subsequent Event              
Subsequent Event [Line Items]              
Debt instrument, term 1 year            
Number of additional periods for options extended | additionalPeriod 2            
Series 2025-2 Notes | Subsequent Event              
Subsequent Event [Line Items]              
Issuance senior notes, stated percentage 5.00%            
Variable rate, remaining term 10 years            
Variable Funding Notes | Subsequent Event              
Subsequent Event [Line Items]              
Total principal amount $ 0.0