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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2023
Borrowings [abstract]  
Summary of borrowings
The composition of the borrowings on the Revolving Credit Facility, Term Loan, and the Notes were as follows:
 
     
Maturity Date 
     
December 31, 2023
      December 31, 2022  
Drawings on the Revolving Credit Facility (US$700,000)
      October 13, 2025      
$
314,705
 
    $ 459,202  
Drawings on the Term Loan (US$130,000)
      October 13, 2025      
 
171,938
 
      203,160  
Notes (US$625,000)
      October 15, 2027      
 
826,625
 
      846,500  
     
 
1,313,268
 
      1,508,862  
Deferred transaction costs and Notes discount
   
 
 
 
   
 
(98,350)
 
      (118,537)  
Long-term debt
      
$
1,214,918
 
    $ 1,390,325  
Current portion of long-term debt
      
$
52,904
 
    $ 27,088  
Non-current
portion of long-term debt
   
 
 
 
   
 
1,162,014
 
      1,363,237  
Long-term debt
      
$
    1,214,918
 
    $     1,390,325  
The weighted average interest rate on the Revolving Credit Facility for the year ended December 31, 2023 was 7.7 percent (December 31, 2022 – 7.0 percent), and the weighted average interest rate on the Term Loan for the year ended December 31, 2023 was 9.0 percent (December 31, 2022 – 7.8 percent). At December 31, 2023 without considering renewal at similar terms, the Canadian dollar equivalent principal payments due over the next five years are $1,313 million, and nil thereafter.