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NOTES PAYABLE - DIRECT CORPORATE OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The following notes payable were direct corporate obligations of the Company as of December 31, 2024 and 2023 (dollars in millions):

			2024						2023
6.450% Senior Notes due June 2034			$	700.0					$	—
5.125% Subordinated Debentures due 2060			150.0						150.0
5.250% Senior Notes due May 2029			500.0						500.0
5.250% Senior Notes due May 2025			500.0						500.0
Unamortized discount on 6.450% Senior Notes due June 2034			(2.2)						—
Unamortized debt issuance costs			(14.3)						(9.5)
Direct corporate obligations			$	1,833.5					$	1,140.5

Schedule of Maturities of Long-Term Debt

The scheduled repayment of our direct corporate obligations was as follows at December 31, 2024 (dollars in millions):

Year ending December 31,
2025			$	500.0
2026			—
2027			—
2028			—
2029			500.0
Thereafter			850.0
			$	1,850.0

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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.

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