Annual report [Section 13 and 15(d), not S-K Item 405]

Long-Term Debt (Tables)

v3.25.4
Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Future Maturities of Long-Term Debt
Future maturities of long-term debt are as follows:
Principal
Year Ending December 31, (In millions)
2026 $ 52.4 
2027 416.2 
2028 14.2 
2029 651.0 
2030 1.1 
Thereafter 500.3 
Total $ 1,635.2 
Debt Instrument [Line Items]  
Long-Term Debt
Long-term debt consists of the following:
December 31, 2025 December 31, 2024
(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 and Sidecar Facility (2) 455.8  366.8 
Mortgage notes to finance companies - fixed rate, bearing interest from 2.05% to 4.69% 29.4  96.1 
   Subtotal $ 1,635.2  $ 1,612.9 
Debt issuance costs (19.8) (24.9)
Total debt 1,615.4  1,588.0 
Less current maturities (52.4) (76.1)
Long-term debt $ 1,563.0  $ 1,511.9 
(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) at December 31, 2025 and 125 basis points above one-month Adjusted Term SOFR at December 31, 2024.
(2)The interest rate on the Mortgage Facility and Sidecar Facility (each as defined below) was 150 basis points above one-month Adjusted Term SOFR (as defined in each facility) at December 31, 2025. The interest rate on the Mortgage Facility was 150 basis points above one-month Adjusted Term SOFR at December 31, 2024.