Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2024

As of September 30, 2024 and December 31, 2023, debt included the following:


(in millions)	September 30, 2024		December 31, 2023
Unsecured senior notes: principal maturities ranging from 2024 through 2028; interest payable in semiannual installments through the same timeframe; weighted average interest rate of 4.21% and 3.68% for 2024 and 2023, respectively.	$	185.0	$	185.0
Credit agreement: matures November 2027; variable rate interest payments due monthly based on the Term SOFR; weighted-average interest rate of 6.43% for 2024 and 2023.	—		45.0
Receivables purchase agreement: matures May 2027; variable rate interest payments due monthly based on the Term SOFR; weighted-average interest rate of 6.29% and 6.28% for 2024 and 2023, respectively.	70.0		60.0
Total debt and credit facilities	255.0		290.0
Current maturities	(135.0)		(100.0)

Long-term debt	$	120.0	$	190.0

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details