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v3.25.2

Debt - Other (Details) - USD ($) $ in Millions |  | 6 Months Ended |
--- | --- | --- | ---
Sep. 10, 2024 | Jun. 30, 2025 | Dec. 31, 2024
Debt |  |  |
Total |  | $ 1,433.1 | $ 1,151.1
Weighted average interest rate (as a percent) |  | 3.48% | 3.02%
Unsecured revolving credit facility maturing September 10, 2029 |  |  |
Debt |  |  |
Maximum borrowing capacity | $ 1,500.0 |  |
Debt term | 5 years |  |
Total |  | $ 282.0 | $ 0.0
Commitment fee on unused portion of revolving credit facility (as a percent) |  | 0.10% |
Weighted average interest rate (as a percent) |  | 5.38% |
Letters of credit outstanding |  | $ 1.1 | 1.1
Unsecured revolving credit facility maturing September 10, 2029 | SOFR |  |  |
Debt |  |  |
Variable interest rate |  | SOFR |
Interest rate added to base (as a percent) |  | 1.00% |
Unsecured revolving credit facility maturing September 10, 2029 | Bank prime rate |  |  |
Debt |  |  |
Variable interest rate |  | prime rate |
Senior Unsecured Notes - Publicly Traded |  |  |
Debt |  |  |
Percentage of principal amount at which the notes may be required to be repurchased in event of a change of control and a downgrade of the entity's credit rating |  | 101.00% |
Letter of Credit | Standby Facility |  |  |
Debt |  |  |
Maximum borrowing capacity |  | $ 50.0 | 50.0
Letters of credit outstanding |  | $ 29.3 | $ 29.2

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