Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Long-Term Debt

Non-vehicle long-term debt consisted of the following:

Debt Description	Maturity Date	Interest Payable	June 30, 2023		December 31, 2022
3.5% Senior Notes	November 15, 2024	May 15 and November 15	$	450.0	$	450.0
4.5% Senior Notes	October 1, 2025	April 1 and October 1	450.0		450.0
3.8% Senior Notes	November 15, 2027	May 15 and November 15	300.0		300.0
1.95% Senior Notes	August 1, 2028	February 1 and August 1	400.0		400.0
4.75% Senior Notes	June 1, 2030	June 1 and December 1	500.0		500.0
2.4% Senior Notes	August 1, 2031	February 1 and August 1	450.0		450.0
3.85% Senior Notes	March 1, 2032	March 1 and September 1	700.0		700.0
Revolving credit facility	March 26, 2025*	Monthly	—		—
Finance leases and other debt	Various dates through 2041		369.3		375.5
			3,619.3		3,625.5
Less: unamortized debt discounts and debt issuance costs			(24.0)		(26.0)
Less: current maturities			(12.8)		(12.6)
Long-term debt, net of current maturities			$	3,582.5	$	3,586.9
* As described below under “Debt Refinancing Transaction,” we amended and restated our credit agreement on July 18, 2023, and extended the maturity date to July 18, 2028.

Schedule of non-recourse Debt

Non-recourse debt outstanding at June 30, 2023, and December 31, 2022, consisted of the following:

	June 30, 2023		December 31, 2022
Warehouse facilities	$	166.4	$	181.8
Term securitization debt of consolidated VIEs	99.3		146.9
	265.7		328.7
Less: unamortized debt discounts and debt issuance costs	(3.5)		(5.1)
Less: current maturities	(10.5)		(10.7)
Non-recourse debt, net of current maturities	$	251.7	$	312.9