XML 47 R29.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Short-Term Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Short-Term Borrowings [Abstract] |
Schedule of Short-Term Borrowings | Information regarding the Company’s short-term borrowings for the years ended December 31, 2024 and 2023 is summarized below:
|  | ($ In Millions)
|  | 2024 |  | 2023
Average Amount Outstanding |  | $ | 38.7 |  |  | $ | 35.7 |
Weighted Average Interest Rate |  |  | 6.33% |  |  |  | 6.13% |
Notes Payable at Year-End |  | $ | 23.0 |  |  | $ | 42.8 |
Weighted Average Interest Rate at Year-End |  |  | 5.63% |  |  |  | 6.50% |
Schedule of Lines of Credit | The Company maintains bank lines of credit aggregating $140.0 million.
|  | (In Millions) |  |  |  |
|  | As of December 31, 2024 |  |  |  | Line of Credit
|  | Outstanding |  | Available |  | Maximum |  | Credit Type |  | Expiration Date
Bank of America |  | $ | — |  |  | $ | 60.0 |  |  | $ | 60.0 |  |  | Uncommitted |  | January 23, 2026
PNC Bank |  |  | 23.0 |  |  |  | 45.0 |  |  |  | 68.0 |  |  | Committed |  | January 31, 2027
CoBank, ACB (CoBank) |  |  | — |  |  |  | 12.0 |  |  |  | 12.0 |  |  | Committed |  | May 20, 2026
|  | $ | 23.0 |  |  | $ | 117.0 |  |  | $ | 140.0 |  |  |  |  |

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ShortTermBorrowingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration