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v3.26.1

Debt (Tables) | 3 Months Ended
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Mar. 31, 2026
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments |
|  |  |  |  |  | March 31, 2026 |  | December 31, 2025
|  | Maturity Date |  | Interest Rate |  | Amount |  | Amount
Credit Facility |  |  |  |  |  |  |  |
Senior unsecured revolving loan facility |  | December 2030 |  | Variable |  | $ | — |  |  | $ | — |
Term Loan |  |  |  |  |  |  |  |
Senior unsecured term loan facility |  | December 2030 |  | Variable |  | 634.5 |  |  | 634.5 |
Unsecured Senior Notes |  |  |  |  |  |  |  |
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 |  |  | 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 |  |  | 600.0 |
Total unsecured senior notes |  |  |  |  |  | 5,000.0 |  |  | 5,000.0 |
Receivable financing liability |  |  |  |  |  | 25.9 |  |  | 15.3 |
Other long-term obligations |  |  |  |  |  | 4.3 |  |  | 5.5 |
Unamortized debt issuance costs and discount |  |  |  |  |  | (23.7) |  |  | (25.5) |
Current maturities of long-term debt |  |  |  |  |  | (1,005.9) |  |  | (1,007.5) |
Total long-term debt |  |  |  |  |  | $ | 4,635.1 |  |  | $ | 4,622.3 |
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:
|  | March 31, 2026 |  | December 31, 2025
Fair value |  | $ | 5,483.9 |  |  | $ | 5,552.5 |
Carrying value |  | $ | 5,664.7 |  |  | $ | 5,655.3 |

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