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v3.24.2

Debt and Financing Arrangements - Narrative (Details) |  | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2024 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Dec. 31, 2023 USD ($)
Debt Instrument [Line Items] |  |  |  |
Payment of short-term debt, net |  | $ 10,900,000 | $ 2,800,000 |
Commercial Paper | $ 90,000,000 | 90,000,000 |  | $ 100,000,000
Short-term debt and current portion of long-term debt | 110,500,000 | 110,500,000 |  | 117,400,000
Other short-term debt | 1,800,000 | 1,800,000 |  | 2,400,000
Term Loan Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Payment of short-term debt, net |  | $ 128,750,000 |  |
Line of credit facility covenants maximum debt to capitalization (as a percent) |  | 65.00% |  |
Short-term debt and current portion of long-term debt | $ 18,700,000 | $ 18,700,000 |  | 15,000,000
Term Loan Agreement | Senior Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Face amount |  |  |  | $ 600,000,000
Term Loan Agreement | Line of Credit | Secured Debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Variable rate | 6.70% |  |  |
Term Loan Agreement | Line of Credit | Interest Rate Period One | Secured Debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Quarterly installments of debt instrument (as a percent) |  |  |  | 0.025
Term Loan Agreement | Line of Credit | Interest Rate Period Two | Secured Debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Quarterly installments of debt instrument (as a percent) |  |  |  | 0.025
Term Loan Agreement | Line of Credit | Interest Rate Period Three | Secured Debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Quarterly installments of debt instrument (as a percent) |  |  |  | 0.05
2021 Credit Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit facility covenants maximum debt to capitalization (as a percent) |  | 65.00% |  |
2021 Credit Facility | Senior Notes | Revolving Credit Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit facility, accordion feature, higher borrowing capacity option | $ 1,250,000,000 | $ 1,250,000,000 |  |
2021 Credit Facility | Line of Credit | Revolving Credit Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt term (in years) |  | 5 years |  |
Line of credit, maximum borrowing capacity | $ 750,000,000 | $ 750,000,000 |  |

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- Definition Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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