Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Tables)

v3.25.1
Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Instrument [Line Items]  
Long-Term Debt
6. Long-Term Debt
Long-term debt consists of the following:
March 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 (2) 359.2  366.8 
Mortgage notes to finance companies - fixed rate, bearing interest from 2.05% to 4.69% 85.3  96.1 
Subtotal $ 1,594.5  $ 1,612.9 
Debt issuance costs (24.0) (24.9)
Total debt 1,570.5  1,588.0 
Less current maturities (85.3) (76.1)
Long-term debt $ 1,485.2  $ 1,511.9 
(1)The interest rate on the Revolving Credit Facility (as defined below) was 125 basis points above one-month Term SOFR (as defined in the Credit Facilities) at both March 31, 2025 and December 31, 2024.
(2)The interest rate on the Mortgage Facility (as defined below) was 150 basis points above one-month Term SOFR (as defined in the Mortgage Facility) at both March 31, 2025 and December 31, 2024.