DEBT (Tables)

9 Months Ended

Sep. 30, 2023

DEBT

Schedule of debt

	September 30,		December 31,
(In millions)	2023		2022
Private Placement Term Loans:
3.66 %, payable through 2023	$	—	$	4.5
3.37 %, payable through 2027		51.9		57.7
3.14 %, payable through 2031		114.4		132.8
Title XI Debt:
5.34 %, payable through 2028		—		13.2
5.27 %, payable through 2029		—		15.4
1.22 %, payable through 2043		162.2		166.2
1.35 %, payable through 2044		121.8		127.7
Total Debt		450.3		517.5
Less: Current portion		(39.7)		(76.9)
Total Long-term Debt		410.6		440.6
Less: Deferred loan fees		(11.9)		(12.9)
Total Long-term Debt, net of deferred loan fees	$	398.7	$	427.7

Schedule of maturities of debt

	As of
Year (in millions)	September 30, 2023
Remainder of 2023	$	9.7
2024		39.7
2025		39.7
2026		39.7
2027		39.7
Thereafter		281.8
Total Debt	$	450.3