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Indebtedness
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Indebtedness Indebtedness
Long-term debt consisted of the following as of September 30, 2025 and December 31, 2024:

September 30, 2025December 31, 2024
Term Loan, expiring 2030 $1,045,000 $1,045,000 
Senior Secured Notes, maturing 2031 725,000 725,000 
Debt issuance discount(49,171)(54,067)
Debt issuance costs (36,510)(40,003)
Total long-term debt$1,684,319 $1,675,930 

The Term Loan is part of our Credit Agreement that includes a revolving credit facility. At the end of September 30, 2025, the revolving credit facility has $273 million of borrowings available and no borrowings outstanding. As required by the Credit Agreement, the Company is in compliance with all covenants at the end of September 30, 2025.