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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Instrument [Line Items]  
Long-Term Debt
6. Long-Term Debt
Long-term debt consists of the following:
June 30, 2024December 31, 2023
(In millions)
Revolving Credit Facility (1)$— $— 
4.625% Senior Notes due 2029 (the “4.625% Notes”)650.0 650.0 
4.875% Senior Notes due 2031 (the “4.875% Notes”)500.0 500.0 
Mortgage Facility (2)381.0 311.0 
Mortgage notes to finance companies - fixed rate, bearing interest from 2.05% to 7.03%135.1 163.0 
Mortgage notes to finance companies - variable rate, bearing interest at 1.50% to 2.90% above one-month or three-month SOFR66.9 75.6 
Subtotal$1,733.0 $1,699.6 
Debt issuance costs(25.0)(23.0)
Total debt1,708.0 1,676.6 
Less current maturities(105.7)(60.1)
Long-term debt$1,602.3 $1,616.5 
(1)The interest rate on the Revolving Credit Facility (as defined below) was 125 basis points above one-month Adjusted Term SOFR (as defined in the Credit Facilities (as defined below)) at June 30, 2024 and 125 basis points above one-month Term SOFR (as defined in the Credit Facilities) at December 31, 2023.
(2)The interest rate on the Mortgage Facility (as defined below) was 150 basis points above one-month Adjusted Term SOFR (as defined in the Mortgage Facility) at June 30, 2024 and 150 basis points above one-month Term SOFR (as defined in the Mortgage Facility) at December 31, 2023.