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v3.23.3

FINANCING (Unsecured Revolving Credit Facility) (Narrative) (Details) - USD ($) $ in Millions | 7 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2023 | Sep. 30, 2023 | Dec. 31, 2022
Letter of credit [Member] |  |  |
Financing |  |  |
Letters of credit | $ 106.8 | $ 106.8 | $ 96.6
Line of credit facility [Member] |  |  |
Financing |  |  |
Unsecured revolving credit facility | $ 0.0 | $ 0.0 | 0.0
Line of credit facility covenant compliance |  | As of September 30, 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 | $ 4.9 | $ 4.9 | $ 5.1
Line of credit facility fee percentage |  | 0.10% |
Line of credit facility [Member] | Unsecured debt [Member] | Minimum [Member] |  |  |
Financing |  |  |
Consolidated fixed charge coverage ratio |  | 2.50 |
Line of credit facility [Member] | Unsecured debt [Member] | Maximum [Member] |  |  |
Financing |  |  |
Consolidated fixed charge coverage ratio |  | 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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