Long-term Debt

6 Months Ended

Jun. 30, 2025

Our long-term debt outstanding consists of the following (in millions):


	June 30, 2025		December 31, 2024
Credit Agreement—
Advances under revolving credit facility	$	—	$	20.0

Bonds payable—
5.75% Senior Notes due 2025	99.9		99.8
4.50% Senior Notes due 2028	790.2		788.4
4.75% Senior Notes due 2030	785.5		784.2
4.625% Senior Notes due 2031	393.0		392.5
Other notes payable	84.0		94.5
Finance lease obligations	306.9		318.4
	2,459.5		2,497.8
Less: Current portion	(139.2)		(138.6)
Long-term debt, net of current portion	$	2,320.3	$	2,359.2

The following chart shows scheduled principal payments due on long-term debt for the next five years and thereafter (in millions):


	Face Amount		Net Amount
July 1 through December 31, 2025	$	116.5	$	116.5
2026	39.4		39.4
2027	46.1		46.1
2028	833.0		823.2
2029	41.8		41.7
2030	847.2		832.7
Thereafter	566.9		559.9
Total	$	2,490.9	$	2,459.5

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details