XML 94 R79.htm IDEA: XBRL DOCUMENT v3.25.0.1
DEBT AND FINANCING ARRANGEMENTS - Additional Information (Details) - USD ($)
12 Months Ended
Nov. 01, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Debt Instrument [Line Items]        
Deferred financing costs   $ 20,654,000 $ 0 $ 2,072,000
Revolver Facility   20,900,000 312,400,000  
Line of Credit        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity   20,000,000.0    
Total short-term debt   0 0  
2024 Credit Facilities | Line of Credit        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity $ 2,000,000,000.0      
Annual amortization rate first two years 5.00%      
Annual amortization rate third and fourth years 7.50%      
Annual amortization rate, year five 10.00%      
Covenant leverage ratio, maximum, tranche one 5.00      
Covenant leverage ratio, maximum, tranche two 3.75      
Covenant interest coverage ratio, minimum 3.00      
Deferred financing costs   20,700,000    
Long-term line of credit $ 1,420,000,000      
Available funds under credit facility   556,000,000.0    
2024 Credit Facilities | Line of Credit | Fed Funds Effective Rate Overnight Index Swap Rate        
Debt Instrument [Line Items]        
Basis spread on variable rate 0.50%      
2024 Credit Facilities | Line of Credit | Secured Overnight Financing Rate (SOFR)        
Debt Instrument [Line Items]        
Basis spread on variable rate 1.00%      
2024 Credit Facilities | Line of Credit | SOFR Adjustment        
Debt Instrument [Line Items]        
Basis spread on variable rate 0.10%      
2024 Credit Facilities | Line of Credit | Adjusted Base Rate | Minimum        
Debt Instrument [Line Items]        
Basis spread on variable rate 0.375%      
2024 Credit Facilities | Line of Credit | Adjusted Base Rate | Maximum        
Debt Instrument [Line Items]        
Basis spread on variable rate 1.50%      
2024 Credit Facilities | Line of Credit | Adjusted Term Secured Overnight Financing Rate (SOFR) | Minimum        
Debt Instrument [Line Items]        
Basis spread on variable rate 1.375%      
2024 Credit Facilities | Line of Credit | Adjusted Term Secured Overnight Financing Rate (SOFR) | Maximum        
Debt Instrument [Line Items]        
Basis spread on variable rate 2.50%      
2024 Credit Facilities | Line of Credit | Secured Debt        
Debt Instrument [Line Items]        
Debt instrument, face amount $ 1,400,000,000      
Long-term line of credit   $ 1,400,000,000    
2024 Credit Facilities | Line of Credit | Revolving Credit Facility        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity 600,000,000      
Incremental borrowing capacity $ 465,000,000.0      
Percent of EBITDA 100.00%      
Net leverage ratio 3.50      
Long-term line of credit $ 20,900,000      
2022 Credit Facility | Line of Credit        
Debt Instrument [Line Items]        
Revolver Facility     $ 312,400,000