v3.25.3
DEBT (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term loans, notes and other financing obligations, consisted of the following:
September 30, 2025December 31, 2024September 30, 2024
Financing Obligations($ in millions)
Fixed-rate Financing
9.50% senior notes, due 2025 (2025 Notes)
$— $108.6 $108.6 
5.125% senior notes, due 2027 (2027 Notes)
— 500.0 500.0 
5.625% senior notes, due 2029
669.3 669.3 669.3 
5.00% senior notes, due 2030
515.3 515.3 515.3 
6.625% senior notes, due 2033 (2033 Notes)
600.0 — — 
Variable-rate Financing
Term Loan Facilities641.9 332.5 334.7 
Revolving Credit Facilities30.0 170.0 350.0 
Receivables Financing Agreements470.0 475.0 339.8 
Recovery zone bonds83.0 83.0 83.0 
Industrial development and environmental improvement obligations2.9 2.9 2.9 
Other
Deferred debt issuance costs(19.0)(14.3)(14.0)
Unamortized bond original issue discount— (0.1)(0.1)
Total debt2,993.4 2,842.2 2,889.5 
Amounts due within one year19.2 129.0 123.9 
Total long-term debt$2,974.2 $2,713.2 $2,765.6 
Schedule of Debt
During the nine months ended September 30, 2025 and 2024, activity of our outstanding debt included:
Nine Months Ended September 30,
20252024
Long-term Debt Borrowings (Repayments)($ in millions)
Borrowings
Term Loan Facilities$650.0 $— 
Revolving Credit Facilities610.0 490.0 
Receivables Financing Agreements625.0 97.4 
2033 Notes600.0 — 
Total borrowings2,485.0 587.4 
Repayments
Go zone bonds, due 2024— (50.0)
Recovery zone bonds, due 2024— (20.0)
Term Loan Facilities(340.6)(6.6)
Revolving Credit Facilities(750.0)(208.0)
Receivables Financing Agreements(630.0)(86.1)
2025 Notes(108.6)— 
2027 Notes(500.0)— 
Total repayments(2,329.2)(370.7)
Long-term debt borrowings, net$155.8 $216.7