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v3.23.1

FINANCING (Unsecured Revolving Credit Facility) (Narrative) (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended |
--- | --- | --- | ---
Mar. 31, 2023 | Mar. 31, 2023 | Dec. 31, 2022
Letter of credit [Member] |  |  |
Financing |  |  |
Letters of credit | $ 111.7 | $ 111.7 | $ 96.6
Line of credit facility [Member] |  |  |
Financing |  |  |
Line of credit facility covenant compliance |  | As of March 31, 2023, the Company remained in compliance with all covenants under the Credit Agreement. |
Line of credit facility [Member] | Unsecured debt [Member] |  |  |
Financing |  |  |
Credit agreement inception date |  | Jun. 15, 2021 |
Number of years in credit facility, term | 5 years | 5 years |
Current maximum borrowing capacity under credit facility | $ 1,800.0 | $ 1,800.0 |
Maximum aggregate increase to credit facility allowable |  | 900.0 |
Maximum aggregate capacity of credit facility allowable |  | 2,700.0 |
Letters of credit | $ 5.0 | $ 5.0 | $ 5.1
Line of credit facility fee percentage |  | 0.10% |
Minimum debt instrument consolidated fixed charge coverage ratio covenant |  | 2.50 |
Maximum debt instrument consolidated leverage ratio covenant |  | 3.50 |
Line of credit facility [Member] | Unsecured debt [Member] | Spread over Alternate Base rate [Member] |  |  |
Financing |  |  |
Line of credit current interest rate |  | 0.00% |
Line of credit facility [Member] | Unsecured debt [Member] | Spread over Term Benchmark Revolving Loans rate [Member] |  |  |
Financing |  |  |
Line of credit current interest rate |  | 0.90% |
Line of credit facility [Member] | Unsecured debt [Member] | Spread over Secured Overnight Financing Rate [Member] |  |  |
Financing |  |  |
Line of credit current interest rate | 0.10% |  |
Line of credit facility [Member] | Unsecured debt [Member] | Letter of credit [Member] |  |  |
Financing |  |  |
Line of credit facility sublimit |  | $ 200.0 |
Line of credit facility [Member] | Unsecured debt [Member] | Swing line revolver [Member] |  |  |
Financing |  |  |
Line of credit facility sublimit |  | $ 75.0 |

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- Definition The maximum consolidated leverage ratio the Company is required to remain below in order to maintain compliance with the covenant clauses of the debt agreement. + References No definition available. + Details
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- Definition The maximum aggregate amount at any time the credit facility may be increase to at the Company's option. + References No definition available. + Details
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- Definition The maximum aggregate amount the credit facility may be increased by at the Company's option. + References No definition available. + Details
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- Definition Identification of whether the entity has been in compliance with any credit facility debt covenants during the period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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