XML 36 R24.htm IDEA: XBRL DOCUMENT v3.24.3

Debt (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

																		September 30, 2024						December 31, 2023
						Maturity Date						Interest Rate						Amount						Amount
Credit Facility
Senior unsecured revolving loan facility						December 2026						Variable						$	—					$	—
Term Loan
Senior unsecured term loan facility						December 2026						Variable						634.5						634.5
Unsecured Senior Notes
Senior notes due 2024						December 2024						5.500		%				183.5						575.0
Senior notes due 2025						May 2025						4.125		%				211.1						600.0
Senior notes due 2026						December 2026						2.670		%				1,000.0						1,000.0
Senior notes due 2028						April 2028						4.250		%				600.0						600.0
Senior notes due 2028						December 2028						3.276		%				500.0						500.0
Senior notes due 2029						February 2029						3.250		%				700.0						700.0
Senior notes due 2030						March 2030						5.100		%				600.0						—
Senior notes due 2031						December 2031						3.569		%				1,000.0						1,000.0
Senior notes due 2034						August 2034						5.550		%				600.0						—
Total unsecured senior notes																		5,394.6						4,975.0
Receivable financing liability																		28.0						56.9
Other long-term obligations																		8.4						6.9
Unamortized debt issuance costs and discount																		(34.8)						(28.4)
Current maturities of long-term debt																		(423.2)						(613.1)
Total long-term debt																		$	5,607.5					$	5,031.8

Schedule of Carrying Value of Long-Term Debt

The approximate fair values and related carrying values of the Company’s long-term debt, including current maturities and excluding unamortized discount and unamortized debt issuance costs, were as follows:

						September 30, 2024						December 31, 2023
Fair value						$	5,895.2					$	5,348.2
Carrying value						$	6,065.5					$	5,673.3

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration