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FINANCIAL INSTRUMENTS AND FAIR VALUE (Tables)
 12 Months Ended
Dec. 31, 2024
Derivatives and Fair Value [Abstract]  
Schedule of Carrying Values and Fair Values of Liabilities
A summary of the carrying values and fair values of our Notes and our mortgage notes payable is as follows: 
 As of December 31,
 20242023
 (In millions)
Carrying Value:
4.50% Senior Notes due 2028
$403.4 $402.8 
4.625% Senior Notes due 2029
791.9 790.4 
4.75% Senior Notes due 2030
442.8 442.2 
5.00% Senior Notes due 2032
593.0 592.3 
Mortgage notes payable29.6 31.9 
Total carrying value$2,260.6 $2,259.7 
Fair Value:
4.50% Senior Notes due 2028
$385.8 $384.8 
4.625% Senior Notes due 2029
742.0 744.0 
4.75% Senior Notes due 2030
412.7 410.3 
5.00% Senior Notes due 2032
546.0 546.0 
Mortgage notes payable29.3 31.9 
Total fair value$2,115.8 $2,117.0 
Schedule of Derivative Instruments The following table provides information on the attributes of each swap as of December 31, 2024:
Inception DateNotional Principal at Inception
Notional Value as of December 31, 2024
Notional Principal at MaturityMaturity Date
(In millions)
January 2022$300.0 $258.8 $228.8 December 2026
January 2022$250.0 $250.0 $250.0 December 2031
May 2021$184.4 $158.6 $110.6 May 2031
July 2020$93.5 $71.0 $50.6 December 2028
July 2020$85.5 $62.7 $57.3 November 2025
June 2015$100.0 $53.5 $53.1 February 2025
Schedule of Derivative Instruments Fair Value
The following table provides information regarding the fair value of our interest rate swap agreements and the impact on the consolidated balance sheets:
As of December 31,
20242023
(In millions)
Other current assets$20.3 $27.5 
Other long-term assets56.3 52.3 
Total fair value$76.6 $79.8 
Schedule of Derivative Instruments Effect on Accumulated Other Comprehensive Income
For the Year Ended December 31,Results Recognized in Accumulated Other Comprehensive Income (Loss)
(Effective Portion)
Location of Results Reclassified from Accumulated Other Comprehensive Loss
 to Earnings
Results Reclassified from Accumulated Other Comprehensive Income (Loss)
 to Earnings
2024$31.0 Other interest expense, net$(34.2)
2023$12.1 Other interest expense, net$(34.7)
2022$100.8 Other interest expense, net$(2.4)
Schedule of Fair Value, Assets Measured on Recurring Basis
The table below presents the Company’s investment securities that are measured at fair value on a recurring basis aggregated by the level in the fair value hierarchy within which those measurements fall:
As of December 31, 2024
 Level 1Level 2Level 3Total
 (In millions)
Cash equivalents$12.7 $— $— $12.7 
Short-term investments3.5 10.9 — 14.4 
U.S Treasury2.6— — 2.6 
Municipal— 10.6 — 10.6 
Corporate— 151.9 — 151.9 
Mortgage and other asset backed securities— 169.1 — 169.1 
Total$6.1 $342.5 $— $348.6 

As of December 31, 2023
 Level 1Level 2Level 3Total
 (In millions)
Cash equivalents$4.8 $— $— $4.8 
Short-term investments2.0 4.2 — 6.2 
U.S. Treasury13.5— — 13.5 
Municipal— 30.1 — 30.1 
Corporate— 132.2 — 132.2 
Mortgage and other asset-backed securities— 150.9 — 150.9 
Total$15.5 $317.4 $— $332.9 
Debt Securities, Available-for-sale Information about the effect of our available-for-sale debt securities in the accompanying consolidated statements of income and consolidated statements of comprehensive income, is as follows (in millions):
For the Year Ended December 31,Results Recognized in Accumulated Other Comprehensive Income (Loss)
(Effective Portion)
Location of Results Reclassified from Accumulated Other Comprehensive Loss
 to Earnings
Results Reclassified from Accumulated Other Comprehensive Income (Loss)
 to Earnings
2024$(1.9)Revenue-Finance and Insurance, net$0.6 
2023$4.1 Revenue-Finance and Insurance, net$(1.1)
2022$(6.0)Revenue-Finance and Insurance, net$(1.9)