XML 97 R72.htm IDEA: XBRL DOCUMENT v3.25.0.1
Schedule I - Condensed Financial Information of Parent (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Details [Line Items]  
Schedule of Recourse Debt Detail The following table summarizes the carrying amount and terms of recourse debt as of the periods indicated (in millions):
Interest RateFinal MaturityDecember 31, 2024December 31, 2023
Senior Variable Rate Term LoanSOFR + 1.125%2024$— $200 
Senior Unsecured Note3.30%2025900 900 
Senior Unsecured Note1.375%2026800 800 
Senior Unsecured Note5.45%2028900 900 
Senior Unsecured Note3.95%2030700 700 
Senior Unsecured Note2.45%20311,000 1,000 
Junior Unsecured Note7.60%2055950 — 
Junior Unsecured Note6.95%2055500 — 
Unamortized (discount) premium & debt issuance (costs), net(46)(36)
Subtotal$5,704 $4,464 
Less: Current maturities(899)(200)
Noncurrent maturities$4,805 $4,264 
December 31,
Interest RateMaturity20242023
Senior Variable Rate Term LoanSOFR + 1.125%2024$— $200 
Senior Unsecured Note3.30%2025900 900 
Senior Unsecured Note1.375%2026800 800 
Senior Unsecured Note5.45%2028900 900 
Senior Unsecured Note3.95%2030700 700 
Senior Unsecured Note2.45%20311,000 1,000 
Junior Unsecured Note7.60%2055950 — 
Junior Unsecured Note6.95%2055500 — 
Unamortized (discounts)/premiums & debt issuance (costs)(46)(36)
Subtotal$5,704 $4,464 
Less: Current maturities(899)(200)
Noncurrent maturities
$4,805 $4,264 
Junior Subordinated Notes Payable
December 31,
Interest RateMaturity20242023
Senior Variable Rate Term LoanSOFR + 1.125%2024$— $200 
Senior Unsecured Note3.30%2025900 900 
Senior Unsecured Note1.375%2026800 800 
Senior Unsecured Note5.45%2028900 900 
Senior Unsecured Note3.95%2030700 700 
Senior Unsecured Note2.45%20311,000 1,000 
Junior Unsecured Note7.60%2055950 — 
Junior Unsecured Note6.95%2055500 — 
Unamortized (discounts)/premiums & debt issuance (costs)(46)(36)
Subtotal$5,704 $4,464 
Less: Current maturities(899)(200)
Noncurrent maturities
$4,805 $4,264 
Future Maturities of Debt
The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):
December 31,
Annual Maturities
2025$900 
2026800 
2027— 
2028900 
2029— 
Thereafter3,150 
Unamortized (discount) premium & debt issuance (costs), net(46)
Total recourse debt$5,704 
As of December 31, 2024 scheduled maturities are presented in the following table (in millions):
December 31,Annual Maturities
2025$900 
2026800 
2027— 
2028900 
2029— 
Thereafter3,150 
Unamortized (discount)/premium & debt issuance (costs), net(46)
Total debt$5,704