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Debt (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Company’s Debt:
December 31,
2022		June 30,
2023
Senior bank debt$349.9 $349.9 
Senior notes1,095.2 1,096.0 
Junior subordinated notes751.6 751.8 
Junior convertible securities338.6 338.7 
Debt$2,535.3 $2,536.4 
Schedule of Principal Terms of Senior and Junior Subordinated Notes The principal terms of the senior notes outstanding as of June 30, 2023 were as follows:
2024
Senior Notes		2025
Senior Notes		2030
Senior Notes
Issue dateFebruary 2014February 2015June 2020
Maturity dateFebruary 2024August 2025June 2030
Par value (in millions)$400.0 $350.0 $350.0 
Stated coupon4.25 %3.50 %3.30 %
Coupon frequencySemi-annuallySemi-annuallySemi-annually
Potential call dateAny timeAny timeAny time
Call priceAs definedAs definedAs defined
As of June 30, 2023, the Company had junior subordinated notes outstanding, the respective principal terms of which are presented below:
2059
Junior Subordinated Notes		2060
Junior Subordinated Notes		2061
Junior Subordinated Notes
Issue dateMarch 2019September 2020July 2021
Maturity dateMarch 2059September 2060September 2061
Par value (in millions)$300.0 $275.0 $200.0 
Stated coupon5.875 %4.75 %4.20 %
Coupon frequencyQuarterlyQuarterlyQuarterly
Potential call dateMarch 2024September 2025September 2026
Call priceAs definedAs definedAs defined
ListingNYSENYSENYSE
Schedule of Convertible Securities
The following table presents interest expense recognized in connection with the junior convertible securities:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2022202320222023
Contractual interest expense$4.5 $4.4 $9.5 $8.8 
Amortization of debt issuance costs0.1 0.1 0.1 0.1 
Total$4.6 $4.5 $9.6 $8.9 
Effective interest rate5.20 %5.21 %5.21 %5.21 %