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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Long-term debt | Non-vehicle long-term debt at December 31 consisted of the following:
Debt Description |  | Maturity Date |  | Interest Payable |  | 2023 |  | 2022
3.5% Senior Notes |  | November 15, 2024 |  | May 15 and November 15 |  | $ | 450.0 |  |  | $ | 450.0 |
4.5% Senior Notes |  | October 1, 2025 |  | April 1 and October 1 |  | 450.0 |  |  | 450.0 |
3.8% Senior Notes |  | November 15, 2027 |  | May 15 and November 15 |  | 300.0 |  |  | 300.0 |
1.95% Senior Notes |  | August 1, 2028 |  | February 1 and August 1 |  | 400.0 |  |  | 400.0 |
4.75% Senior Notes |  | June 1, 2030 |  | June 1 and December 1 |  | 500.0 |  |  | 500.0 |
2.4% Senior Notes |  | August 1, 2031 |  | February 1 and August 1 |  | 450.0 |  |  | 450.0 |
3.85% Senior Notes |  | March 1, 2032 |  | March 1 and September 1 |  | 700.0 |  |  | 700.0 |
Revolving credit facility |  | July 18, 2028 |  | Monthly |  | — |  |  | — |
Finance leases and other debt |  | Various dates through 2041 |  |  |  | 362.2 |  |  | 375.5 |
|  |  |  |  |  | 3,612.2 |  |  | 3,625.5 |
Less: unamortized debt discounts and debt issuance costs |  | (21.9) |  |  | (26.0) |
Less: current maturities |  |  |  |  |  | (462.4) |  |  | (12.6) |
Long-term debt, net of current maturities |  |  |  | $ | 3,127.9 |  |  | $ | 3,586.9 |
Aggregate maturities of non-vehicle long-term debt | At December 31, 2023, aggregate maturities of non-vehicle long-term debt were as follows:
Year Ending December 31: |
2024 | $ | 462.1 |
2025 | 518.9 |
2026 | 13.9 |
2027 | 315.8 |
2028 | 416.2 |
Thereafter | 1,885.3 |
| $ | 3,612.2 |
Debt Refinancing Transaction On July 18, 2023, we amended and restated our unsecured credit agreement to, among other things, (1) increase the revolving credit facility (the “facility”) commitment from $1.8 billion to $1.9 billion, (2) extend the maturity date of the facility to July 18, 2028, (3) allow for the maximum leverage ratio covenant to increase from 3.75x to 4.25x for four fiscal quarters in the event that we complete a material acquisition, and (4) replace the maximum capitalization ratio covenant with a minimum interest coverage ratio covenant.
Schedule of non-recourse debt | Non-recourse debt outstanding at December 31, 2023, and December 31, 2022 consisted of the following:
|  | 2023 | 2022
Warehouse facilities |  | $ | 209.4 |  | $ | 181.8 |
Term securitization debt of consolidated VIEs |  | 50.5 |  | 146.9 |
|  | 259.9 |  | 328.7 |
Less: unamortized debt discounts and debt issuance costs |  | (1.5) |  | (5.1) |
Less: current maturities |  | (8.8) |  | (10.7) |
Non-recourse debt, net of current maturities |  | $ | 249.6 |  | $ | 312.9 |

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