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DEBT
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
DEBT DEBT
Long-term debt consisted of the following (in millions):
December 31,
20222021
4.00% Senior Notes due August 15, 2028
$750.0 $750.0 
Acquisition Line303.2 329.3 
Other debt:
Real estate related796.9 627.7 
Finance leases220.4 172.7 
Other22.3 166.9 
Total other debt1,039.6 967.4 
Total debt2,092.7 2,046.7 
Less: unamortized debt issuance costs10.211.0
Less: current maturities130.3220.4
Total long-term debt$1,952.2 $1,815.3 
The aggregate annual maturities of debt for the next five years, excluding debt issuance costs, are as follows (in millions):
 Total
Years Ended December 31,
2023$130.8 
2024113.9 
2025110.6 
2026193.7 
2027490.7 
Thereafter1,053.2 
Total$2,092.7 
Acquisition Line
The proceeds of the Acquisition Line (as defined in Note 13. Floorplan Notes Payable) are used for working capital, general corporate and acquisition purposes. As of December 31, 2022, borrowings under the Acquisition Line, a component of the Revolving Credit Facility (as defined in Note 13. Floorplan Notes Payable), totaled $303.2 million. The average interest rate on this facility was 4.03% as of December 31, 2022.
Real Estate Related
The Company has mortgage loans in the U.S. and the U.K. that are paid in installments. As of December 31, 2022, borrowings outstanding under these facilities totaled $796.9 million, gross of debt issuance costs, comprised of $695.4 million in the U.S. and $101.5 million in the U.K.
The Company’s mortgage loans are secured by real property owned by the Company. The carrying values of the related collateralized real estate as of December 31, 2022 and 2021 was $1,215.7 million and $983.1 million, respectively.
Finance Leases
Refer to Note 11. Leases for further information regarding the Company’s finance leases.
Bridge Facility
In connection with the Prime Acquisition, the Company entered into a commitment letter with Wells Fargo Bank (the “Bridge Facility”) to provide a portion of the debt financing. As of December 31, 2021, borrowings outstanding under the Bridge Facility totaled $140.0 million, and is reflected within Other, under Other Debt in the table above, and reflected within current maturities. During 2022, the Company paid off the total outstanding borrowings under the Bridge Facility of $140.0 million.