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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Summary of Debt

At December 31, 2023 and 2022, our long-term debt and interest rates on that debt were as follows (dollars in millions):

 

 

 

December 31, 2023

 

 

December 31, 2022

 

 

 

 

Amount

 

 

Amount

 

 

Revolving Credit Facility

 

$

 

 

$

 

 

3.65% Senior Notes, net of discount of $0.1 million
   and $
0.2 million as of December 31, 2023 and 2022,
   respectively, due
September 2024

 

 

399.9

 

 

 

399.8

 

 

3.40% Senior Notes, net of discount of $0.7 million
   and $
0.9 million as of December 31, 2023 and 2022,
   respectively, due
December 2027

 

 

499.3

 

 

 

499.1

 

 

3.00% Senior Notes, net of discount of $0.4 million
   and $
0.5 million as of December 31, 2023 and 2022,
   respectively, due
December 2029

 

 

499.6

 

 

 

499.5

 

 

5.70% Senior Notes, net of discount of $0.3 million
   as of December 31, 2023, due
December 2033

 

 

399.7

 

 

 

 

 

4.05% Senior Notes, net of discount of $3.3 million
   as of both December 31, 2023 and 2022,
   due
December 2049

 

 

396.7

 

 

 

396.7

 

 

3.05% Senior Notes, net of discount of $3.5 million
   and $
3.6 million as of December 31, 2023 and 2022,
   respectively, due
October 2051

 

 

696.5

 

 

 

696.4

 

 

Total

 

 

2,891.7

 

 

 

2,491.5

 

 

Less current portion (a)

 

 

399.6

 

 

 

 

 

Less unamortized debt issuance costs

 

 

19.9

 

 

 

17.9

 

 

Total long-term debt

 

$

2,472.2

 

 

$

2,473.6

 

 

 

(a)
The current portion of long-term debt excludes unamortized debt issuance costs of $0.3 million as of December 31, 2023.