XML 65 R48.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Notes and Contracts Payable (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Notes and Contracts Payable |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | (dollars in millions) |
2.40% senior unsecured notes due August 15, 2031, effective interest rate of 2.44% |  | $ | 650.0 |  |  | $ | 650.0 |
4.00% senior unsecured notes due May 15, 2030, effective interest rate of 4.05% |  |  | 450.0 |  |  |  | 450.0 |
4.60% senior unsecured notes due November 15, 2024, effective interest rate of 4.60% |  |  | 300.0 |  |  |  | 300.0 |
4.30% senior unsecured notes due February 1, 2023, effective interest rate of 4.35% |  |  | — |  |  |  | 250.0 |
Trust deed note due November 1, 2023, interest rate of 5.26% |  |  | — |  |  |  | 4.0 |
Other notes and contracts payable with maturities through 2028, weighted -average interest rates of 3.41% and 3.30% at December 31, 2023 and 2022, respectively |  |  | 4.2 |  |  |  | 3.8 |
|  |  | 1,404.2 |  |  |  | 1,657.8 |
Unamortized discounts and debt issuance costs |  |  | (10.3 | ) |  |  | (12.0 | )
|  | $ | 1,393.9 |  |  | $ | 1,645.8 |
Aggregate Annual Maturities of Notes and Contracts Payable | The aggregate annual maturities for notes and contracts payable for the next five years and thereafter are summarized as follows:
Year |  | Annual maturities |
|  | (in millions) |
2024 |  | $ | 301.7 |
2025 |  |  | 1.3 |
2026 |  |  | 0.8 |
2027 |  |  | 0.3 |
2028 |  |  | 0.1 |
Thereafter |  |  | 1,100.0 |
|  | $ | 1,404.2 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration