DEBT (Tables)

3 Months Ended

Mar. 31, 2023

DEBT

Schedule of debt

	March 31,		December 31,
(In millions)	2023		2022
Private Placement Term Loans:
3.66 %, payable through 2023	$	4.5	$	4.5
3.37 %, payable through 2027		57.7		57.7
3.14 %, payable through 2031		123.6		132.8
Title XI Debt:
5.34 %, payable through 2028		—		13.2
5.27 %, payable through 2029		—		15.4
1.22 %, payable through 2043		166.2		166.2
1.35 %, payable through 2044		124.7		127.7
Total Debt		476.7		517.5
Less: Current portion		(46.3)		(76.9)
Total Long-term Debt		430.4		440.6
Less: Deferred loan fees		(12.5)		(12.9)
Total Long-term Debt, net of deferred loan fees	$	417.9	$	427.7

Schedule of maturities of debt

	As of
Year (in millions)	March 31, 2023
Remainder of 2023	$	36.1
2024		39.7
2025		39.7
2026		39.7
2027		39.7
Thereafter		281.8
Total Debt	$	476.7