Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.24.3
Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Instrument [Line Items]  
Long-Term Debt
6. Long-Term Debt
Long-term debt consists of the following:
September 30, 2024 December 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) 371.9  311.0 
Mortgage notes to finance companies - fixed rate, bearing interest from 2.05% to 7.03% 132.0  163.0 
Mortgage notes to finance companies - variable rate, bearing interest at 1.75% to 2.90% above one-month or three-month SOFR 65.9  75.6 
Subtotal $ 1,719.8  $ 1,699.6 
Debt issuance costs (23.9) (23.0)
Total debt 1,695.9  1,676.6 
Less current maturities (117.7) (60.1)
Long-term debt $ 1,578.2  $ 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 both September 30, 2024 and 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 both September 30, 2024 and December 31, 2023.