XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Borrowings (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowings
Borrowings at March 31, 2025 and December 31, 2024 consisted of the following: 

March 31, 2025December 31, 2024
3.37% Senior Notes, due June 2025 (the “3.37% Senior Notes”)
$100.0 $100.0 
5.13% Senior Notes, due June 2028 (the “5.13% Senior Notes”)
100.0 100.0 
4.950% Senior Notes, due September 2029 (the “4.950% Senior Notes”)
500.0 500.0 
3.00% Senior Notes, due May 2030 (the “3.00% Senior Notes”)
500.0 500.0 
2.625% Senior Notes, due June 2031 (the “2.625% Senior Notes”)
500.0 500.0 
$800.0 million Revolving Facility, due November 2027 (the “Revolving Facility”)(1)
249.0 269.8 
Other borrowings1.4 1.5 
Total borrowings1,950.4 1,971.3 
Less: current portion100.7 100.7 
Less: unamortized debt issuance costs and discount on debt10.6 11.1 
Long-term borrowings$1,839.1 $1,859.5 

(1) At March 31, 2025, there was $249.0 million outstanding under the Revolving Facility and $3.0 million of outstanding letters of credit, resulting in a net available borrowing capacity under the Revolving Facility of approximately $548.0 million. The weighted-average interest rate for borrowings outstanding under the Revolving Facility was 3.71% and 4.46% for the three months ended March 31, 2025 and the year ended December 31, 2024, respectively. During April 2025, the Company repaid $12.5 million of the $249.0 million outstanding under the Revolving Facility.