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Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Outstanding Long-term Debt

Our long-term debt outstanding consists of the following (in millions):

			As of December 31,
			2023						2022
Credit Agreement—
Advances under revolving credit facility			$	—					$	55.0
Bonds payable—
5.75% Senior Notes due 2025			348.5						347.7
4.50% Senior Notes due 2028			785.0						781.8
4.75% Senior Notes due 2030			781.5						779.0
4.625% Senior Notes due 2031			391.5						390.6
Other notes payable			66.0						53.1
Finance lease obligations			340.1						359.8
			2,712.6						2,767.0
Less: Current portion			(24.8)						(25.2)
Long-term debt, net of current portion			$	2,687.8					$	2,741.8

Our notes payable consist of the following (in millions):

			As of December 31,
			2023						2022						Interest Rates
Sale/leaseback transactions involving real estate accounted for as financings			$	28.0					$	28.0					9.2% to 13.4%
Construction of new hospitals			38.0						20.7						5.0% to 5.5%
Software contracts			—						4.4						2.8%
Other notes payable			$	66.0					$	53.1

Schedule of Debt Maturities

The following chart shows scheduled principal payments due on long-term debt for the next five years and thereafter (in millions):

Year Ending December 31,						Face Amount						Net Amount
2024						$	24.8					$	24.8
2025						381.9						380.5
2026						29.2						29.2
2027						43.2						43.2
2028						831.7						816.8
Thereafter						1,445.3						1,418.1
Total						$	2,756.1					$	2,712.6

Schedule of Redemption Prices for Senior Notes

We may redeem the 2028 Notes, in whole or in part, at any time on or after February 1, 2023 at the redemption prices set forth below:

Period						Redemption Price*
2023						102.250		%
2024						101.125		%
2025 and thereafter						100.000		%

* Expressed in percentage of principal amount

We may redeem the 2030 Notes, in whole or in part, at any time on or after February 1, 2025 at the redemption prices set forth below:

Period						Redemption Price*
2025						102.375		%
2026						101.583		%
2027						100.792		%
2028 and thereafter						100.000		%

* Expressed in percentage of principal amount

We may redeem the 2031 Notes, in whole or in part, at any time on or after April 1, 2026 at the redemption prices set forth below:

Period						Redemption Price*
2026						102.313		%
2027						101.542		%
2028						100.771		%
2029 and thereafter						100.000		%

* Expressed in percentage of principal amount

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