XML 399 R60.htm IDEA: XBRL DOCUMENT v3.24.1.u1
FAIR VALUE MEASUREMENTS - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
4.625% Senior notes due 2027 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Debt stated interest rate (as a percent) 4.625%  
4.375% Senior notes due 2031 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Debt stated interest rate (as a percent) 4.375%  
3.875% Senior notes due 2029 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Debt stated interest rate (as a percent) 3.875%  
Carrying Value | Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities $ 2.0 $ 0.0
Total debt securities 47.9 0.0
Derivative assets 11.0 12.3
Derivative liabilities 11.0 12.3
Carrying Value | Fair Value, Recurring | Non-recourse notes payable | Non-recourse    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 1,831.5 1,705.6
Carrying Value | Fair Value, Recurring | Real estate mortgages and other debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 723.4 603.5
Carrying Value | Fair Value, Recurring | 4.625% Senior notes due 2027 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 400.0 400.0
Carrying Value | Fair Value, Recurring | 4.375% Senior notes due 2031 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 550.0 550.0
Carrying Value | Fair Value, Recurring | 3.875% Senior notes due 2029 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 800.0 800.0
Carrying Value | Fair Value, Recurring | U.S. Treasury    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 19.8 0.0
Carrying Value | Fair Value, Recurring | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 28.1 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 2.0 0.0
Total debt securities 19.8 0.0
Derivative assets 0.0 0.0
Derivative liabilities 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | Non-recourse notes payable | Non-recourse    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | Real estate mortgages and other debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | 4.625% Senior notes due 2027 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 383.0 380.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | 4.375% Senior notes due 2031 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 490.9 492.3
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | 3.875% Senior notes due 2029 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 720.0 716.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | U.S. Treasury    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 19.8 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 1 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 0.0 0.0
Total debt securities 28.1 0.0
Derivative assets 11.0 12.3
Derivative liabilities 11.0 12.3
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | Non-recourse notes payable | Non-recourse    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 1,828.3 1,705.1
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | Real estate mortgages and other debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 744.6 644.5
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | 4.625% Senior notes due 2027 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | 4.375% Senior notes due 2031 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | 3.875% Senior notes due 2029 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | U.S. Treasury    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 2 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 28.1 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 0.0 0.0
Total debt securities 0.0 0.0
Derivative assets 0.0 0.0
Derivative liabilities 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | Non-recourse notes payable | Non-recourse    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | Real estate mortgages and other debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | 4.625% Senior notes due 2027 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | 4.375% Senior notes due 2031 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | 3.875% Senior notes due 2029 | Senior Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | U.S. Treasury    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities 0.0 0.0
Estimate of Fair Value Measurement | Fair Value, Recurring | Level 3 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total debt securities $ 0.0 $ 0.0