XML 92 R75.htm IDEA: XBRL DOCUMENT v3.22.4
Debt - Additional Information (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
d
$ / shares
Dec. 31, 2021
USD ($)
Debt Instrument [Line Items]    
Debt $ 2,535,300,000 $ 2,490,400,000
Senior bank debt    
Debt Instrument [Line Items]    
Debt 349,900,000 349,900,000
Senior bank debt | Revolver    
Debt Instrument [Line Items]    
Available borrowing 1,250,000,000  
Additional borrowing amount 500,000,000  
Outstanding borrowings 0 0
Commitment fee amount 1,500,000 1,300,000
Senior bank debt | Term Loan    
Debt Instrument [Line Items]    
Available borrowing 350,000,000  
Additional borrowing amount 75,000,000  
Debt $ 350,000,000 $ 350,000,000
Weighted average interest rate on amount outstanding 5.27% 0.95%
Senior bank debt | Term Loan | SOFR Adjustment    
Debt Instrument [Line Items]    
Basis spread over variable debt rate 0.10%  
Senior bank debt | Term Loan | SOFR    
Debt Instrument [Line Items]    
Basis spread over variable debt rate 0.85%  
Senior notes    
Debt Instrument [Line Items]    
Debt $ 1,095,200,000 $ 1,093,500,000
Senior notes | 2024 Senior Notes    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Stated interest rate 4.25%  
Senior notes | 2024 Senior Notes | Treasury Rate    
Debt Instrument [Line Items]    
Applicable basis spread over redemption price percentage 0.25%  
Senior notes | 2025 Senior Notes    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Stated interest rate 3.50%  
Senior notes | 2025 Senior Notes | Treasury Rate    
Debt Instrument [Line Items]    
Applicable basis spread over redemption price percentage 0.25%  
Senior notes | 2030 Senior Notes    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Stated interest rate 3.30%  
Senior notes | 2030 Senior Notes | Treasury Rate    
Debt Instrument [Line Items]    
Applicable basis spread over redemption price percentage 0.40%  
Junior subordinated notes    
Debt Instrument [Line Items]    
Debt $ 751,600,000 751,400,000
Junior subordinated notes | 2059 Junior Subordinated Notes    
Debt Instrument [Line Items]    
Stated interest rate 5.875%  
Junior subordinated notes | 2059 Junior Subordinated Notes | On or after September 30, 2026    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2059 Junior Subordinated Notes | If changes in tax laws and interpretations occur    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2059 Junior Subordinated Notes | If a rating agency makes certain changes relating to the equity credit criteria for securities    
Debt Instrument [Line Items]    
Redemption price percentage 102.00%  
Junior subordinated notes | 2060 Junior Subordinated Notes    
Debt Instrument [Line Items]    
Stated interest rate 4.75%  
Junior subordinated notes | 2060 Junior Subordinated Notes | On or after September 30, 2026    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2060 Junior Subordinated Notes | If changes in tax laws and interpretations occur    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2060 Junior Subordinated Notes | If a rating agency makes certain changes relating to the equity credit criteria for securities    
Debt Instrument [Line Items]    
Redemption price percentage 102.00%  
Junior subordinated notes | 2061 Junior Subordinated Notes    
Debt Instrument [Line Items]    
Stated interest rate 4.20%  
Junior subordinated notes | 2061 Junior Subordinated Notes | On or after September 30, 2026    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2061 Junior Subordinated Notes | If changes in tax laws and interpretations occur    
Debt Instrument [Line Items]    
Redemption price percentage 100.00%  
Junior subordinated notes | 2061 Junior Subordinated Notes | If a rating agency makes certain changes relating to the equity credit criteria for securities    
Debt Instrument [Line Items]    
Redemption price percentage 102.00%  
Junior convertible securities    
Debt Instrument [Line Items]    
Debt $ 338,600,000 295,600,000
Junior convertible securities | Junior Convertible Trust Preferred Securities    
Debt Instrument [Line Items]    
Debt $ 341,700,000  
Stated interest rate 5.15%  
Unamortized debt issuance expense $ 3,100,000 3,900,000
Conversion ratio (in shares) 0.2558  
Face amount of convertible security (in dollars per share) | $ / shares $ 50.00  
Conversion price (in dollars per share) | $ / shares $ 195.47  
Number of trading days closing price has exceeded threshold | d 20  
Number of consecutive trading days | d 30  
Debt instrument, convertible, threshold percentage 1.30  
Deferred tax liability $ 8,000,000  
Repayments of convertible debt 60,900,000 33,000,000
Deferred tax liabilities, net, decrease resulting from repurchase of junior convertible securities $ 11,400,000 $ 7,000,000