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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Below are our assets and liabilities that are measured at fair value on a recurring basis:
As of December 31
20242023
($ in millions)Carrying ValueLevel 1Level 2Level 3Carrying ValueLevel 1Level 2Level 3
Recorded at fair value
Marketable securities
Restricted cash - collections
$97.6 $97.6 $— $— $50.6 $50.6 $— $— 
Restricted cash - reserve
30.7 30.7 — — 19.4 19.4 — — 
Total money market funds
$128.3 $128.3 $— $— $70.0 $70.0 $— $— 
Equity securities$2.2 $2.2 $— $— $— $— $— $— 
U.S. Treasury$20.2 $20.2 $— $— $— $— $— $— 
Municipal debt10.0 — 10.0 — — — — — 
Corporate debt20.9 — 20.9 — — — — — 
Total debt securities$51.1 $20.2 $30.9 $— $— $— $— $— 
Equity method investment
PINE.L$100.0 $100.0 $— $— $— $— $— $— 
Derivatives
Derivative assets$4.5 $— $4.5 $— $12.3 $— $12.3 $— 
Derivative liabilities4.5 — 4.5 — 12.3 — 12.3 — 
Recorded at historical value
Fixed rate debt (1)
4.625% Senior notes due 2027
400.0 385.0 — — 400.0 380.0 — — 
4.375% Senior notes due 2031
550.0 500.5 — — 550.0 492.3 — — 
3.875% Senior notes due 2029
800.0 732.0 — — 800.0 716.0 — — 
Non-recourse notes payable2,109.3 — 2,115.7 — 1,705.6 — 1,705.1 — 
Real estate mortgages and other debt698.0 — 701.3 — 603.5 — 644.5 — 
(1)Excluding unamortized debt issuance cost