XML 43 R32.htm IDEA: XBRL DOCUMENT v3.23.1
Debt - Other (Details)
$ in Millions
3 Months Ended
Jan. 15, 2023
USD ($)
Sep. 03, 2020
USD ($)
Mar. 31, 2023
USD ($)
item
Dec. 31, 2022
USD ($)
Debt        
Total     $ 1,159.6 $ 1,659.6
Weighted average interest rate (as a percent)     2.89% 3.37%
Principal payment on long-term debt     $ 500.0  
Number of financial maintenance covenants | item     2  
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     $ 1,159.6 $ 1,659.6
Unsecured revolving credit facility maturing September 3, 2025        
Debt        
Maximum borrowing capacity   $ 1,500.0    
Debt term   5 years    
Total     $ 0.0 0.0
Commitment fee on unused portion of revolving credit facility (as a percent)     0.175%  
Letters of credit outstanding     $ 7.7 7.7
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     $ 0.0 0.0
Unsecured revolving credit facility maturing September 3, 2025 | SOFR        
Debt        
Variable interest rate     SOFR  
Interest rate added to base (as a percent)     1.10%  
Unsecured revolving credit facility maturing September 3, 2025 | Bank prime rate        
Debt        
Variable interest rate     bank prime rate  
Senior Unsecured Notes - Publicly Traded        
Debt        
Percentage of principal amount at which the notes may be required to be repurchased in event of a change of control and a downgrade of the entity's credit rating     101.00%  
Senior unsecured notes, interest payable semi-annually at 4.50%, effective rate of 4.63%, due April 15, 2023, redeemed on January 15, 2023        
Debt        
Total $ 0.0     $ 500.0
Semi-annual rate (as a percent) 4.50%     4.50%
Principal payment on long-term debt $ 500.0      
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total $ 0.0     $ 500.0
Senior unsecured notes, interest payable semi-annually at 1.30%, effective rate of 1.53%, maturing August 15, 2025        
Debt        
Total     $ 400.0 $ 400.0
Semi-annual rate (as a percent)     1.30% 1.30%
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     $ 400.0 $ 400.0
Senior unsecured notes, interest payable semi-annually at 2.15%, effective rate of 2.27%, maturing August 15, 2030        
Debt        
Total     $ 500.0 $ 500.0
Semi-annual rate (as a percent)     2.15% 2.15%
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     $ 500.0 $ 500.0
Senior unsecured notes, interest payable semi-annually at 6.85%, effective rate of 6.91%, maturing November 15, 2036        
Debt        
Total     $ 250.0 $ 250.0
Semi-annual rate (as a percent)     6.85% 6.85%
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     $ 250.0 $ 250.0
Other separate revolving credit facilities        
Debt        
Maximum borrowing capacity     7.9  
Total     2.2 2.2
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     2.2 2.2
IRB        
Debt        
Total     7.4 7.4
Aggregate maturities of long-term debt for each of the next five years and thereafter        
Total     7.4 $ 7.4
Letter of Credit | Standby Facility        
Debt        
Maximum borrowing capacity     50.0  
Letters of credit outstanding     $ 19.5