At June 30, 2025 and December 31, 2024, long-term debt consisted of the following components: | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | | | (In millions) | | | | | | Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II | | $ | — | | | $ | 594.0 | | Series 2022-1 Variable Funding Senior Notes, Class A-1, variable interest rate of 7.14% at December 31, 2024 | | — | | | 100.0 | | Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 | | 500.0 | | | 500.0 | | Series 2025-1 6.720% Fixed Rate Senior Secured Notes, Class A-2 | | 600.0 | | | — | | Series 2025-1 Variable Funding Senior Notes, Class A-1, variable interest rate of 6.93% at June 30, 2025 | | 100.0 | | | — | | Unamortized debt issuance costs | | (13.0) | | | (7.4) | | | Long-term debt, net of debt issuance costs | | 1,187.0 | | | 1,186.6 | | | Less: current portion of long-term debt | | (100.0) | | | (100.0) | | | Long-term debt | | $ | 1,087.0 | | | $ | 1,086.6 | |
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