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Debt (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Summary of Debt

At September 30, 2023 and December 31, 2022, our long-term debt and interest rates on that debt were as follows (dollars in millions):

 

 

 

September 30,

 

 

December 31,

 

 

 

 

2023

 

 

2022

 

 

Revolving Credit Facility

 

$

 

 

$

 

 

3.65% Senior Notes, net of discount of $0.1 million and
   $
0.2 million as of September 30, 2023 and December 31, 2022,
   respectively, due September 2024

 

 

399.9

 

 

 

399.8

 

 

3.40% Senior Notes, net of discount of $0.8 million and
   $
0.9 million as of September 30, 2023 and December 31, 2022,
   respectively, due December 2027

 

 

499.2

 

 

 

499.1

 

 

3.00% Senior Notes, net of discount of $0.4 million and
   $
0.5 million as of September 30, 2023 and December 31, 2022,
   respectively, due December 2029

 

 

499.6

 

 

 

499.5

 

 

4.05% Senior Notes, net of discount of $3.3 million as
   of both September 30, 2023 and December 31, 2022,
   due December 2049

 

 

396.7

 

 

 

396.7

 

 

3.05% Senior Notes, net of discount of $3.5 million and
   $
3.6 million as of September 30, 2023 and December 31, 2022,
   respectively, due October 2051

 

 

696.5

 

 

 

696.4

 

 

Total

 

 

2,491.9

 

 

 

2,491.5

 

 

Less current portion (a)

 

 

399.5

 

 

 

 

 

Less unamortized debt issuance costs

 

 

16.7

 

 

 

17.9

 

 

Total long-term debt

 

$

2,075.7

 

 

$

2,473.6

 

 

(a)
The current portion of long-term debt excludes unamortized debt issuance costs of $0.4 million at September 30, 2023.