XML 82 R63.htm IDEA: XBRL DOCUMENT v3.25.3
FAIR VALUE MEASUREMENTS - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Sep. 10, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities $ 151.2   $ 128.3
Equity securities 2.4   2.2
Total debt securities 52.6   51.1
Derivative assets 1.3   4.5
Derivative liabilities 1.3   4.5
Senior notes | 4.625% Senior notes due 2027      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt $ 400.0   400.0
Debt stated interest rate (as a percent) 4.625%    
Senior notes | 3.875% Senior notes due 2029      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt $ 800.0   800.0
Debt stated interest rate (as a percent) 3.875%    
Senior notes | 4.375% Senior notes due 2031      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt $ 550.0   550.0
Debt stated interest rate (as a percent) 4.375%    
Senior notes | 5.500% Senior notes due 2030      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt $ 600.0   0.0
Debt stated interest rate (as a percent) 5.50% 5.50%  
Non-recourse notes payable | Non-recourse      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt $ 2,245.7   2,109.3
Real estate mortgages and other debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 703.9   698.0
PINE.L      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity Method Investment 205.1   100.0
U.S. Treasury      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 21.5   20.2
Municipal debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 9.1   10.0
Corporate debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 22.0   20.9
Restricted Cash - Collections      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 114.8   97.6
Restricted Cash - Reserve      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 36.4   30.7
Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 151.2   128.3
Equity securities 2.4   2.2
Total debt securities 21.5   20.2
Derivative assets 0.0   0.0
Derivative liabilities 0.0   0.0
Level 1 | Senior notes | 4.625% Senior notes due 2027      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 395.5   385.0
Level 1 | Senior notes | 3.875% Senior notes due 2029      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 763.0   732.0
Level 1 | Senior notes | 4.375% Senior notes due 2031      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 520.4   500.5
Level 1 | Senior notes | 5.500% Senior notes due 2030      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 598.5  
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
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
Level 1 | PINE.L      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity Method Investment 205.1   100.0
Level 1 | U.S. Treasury      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 21.5   20.2
Level 1 | Municipal debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 0.0   0.0
Level 1 | Corporate debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 0.0   0.0
Level 1 | Restricted Cash - Collections      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 114.8   97.6
Level 1 | Restricted Cash - Reserve      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 36.4   30.7
Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 0.0   0.0
Equity securities 0.0   0.0
Total debt securities 31.1   30.9
Derivative assets 1.3   4.5
Derivative liabilities 1.3   4.5
Level 2 | Senior notes | 4.625% Senior notes due 2027      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 2 | Senior notes | 3.875% Senior notes due 2029      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 2 | Senior notes | 4.375% Senior notes due 2031      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 2 | Senior notes | 5.500% Senior notes due 2030      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 2 | Non-recourse notes payable | Non-recourse      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 2,260.3   2,115.7
Level 2 | Real estate mortgages and other debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 663.9   701.3
Level 2 | PINE.L      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity Method Investment 0.0   0.0
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
Level 2 | Municipal debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 9.1   10.0
Level 2 | Corporate debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 22.0   20.9
Level 2 | Restricted Cash - Collections      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 0.0   0.0
Level 2 | Restricted Cash - Reserve      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 0.0   0.0
Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 0.0   0.0
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
Level 3 | Senior notes | 4.625% Senior notes due 2027      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 3 | Senior notes | 3.875% Senior notes due 2029      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 3 | Senior notes | 4.375% Senior notes due 2031      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
Level 3 | Senior notes | 5.500% Senior notes due 2030      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term debt 0.0   0.0
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
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
Level 3 | PINE.L      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity Method Investment 0.0   0.0
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
Level 3 | Municipal debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 0.0   0.0
Level 3 | Corporate debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total debt securities 0.0   0.0
Level 3 | Restricted Cash - Collections      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities 0.0   0.0
Level 3 | Restricted Cash - Reserve      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Marketable securities $ 0.0   $ 0.0