Debt (Details) - Line of Credit $ in Millions |
Aug. 06, 2024
USD ($)
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Mar. 31, 2026
USD ($)
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|---|---|---|
| Debt | ||
| Maximum borrowing capacity | $ 150.0 | |
| Outstanding borrowings | $ 0.0 | |
| Letters of credit outstanding, amount | 162.8 | |
| Long term debt | $ 337.2 | |
| Revolving Credit Facility | ||
| Debt | ||
| Maximum borrowing capacity | $ 500.0 | |
| Leverage ratio | 3.5 | 3.5 |
| Revolving Credit Facility | Maximum | ||
| Debt | ||
| Line cap additional threshold amount | $ 150.0 | $ 150.0 |
| Revolving Credit Facility | Minimum | ||
| Debt | ||
| Line cap additional threshold amount | $ 100.0 | 100.0 |
| Revolving Credit Facility | Base Rate | ||
| Debt | ||
| Interest rate | 2.00% | |
| Revolving Credit Facility | Adjust Term SOFR Rate, Adjusted EURIBOR Rate, Or Adjusted Term CORRA Rate | ||
| Debt | ||
| Interest rate | 3.00% | |
| Revolving Credit Facility | Daily Simple RFR | ||
| Debt | ||
| Interest rate | 3.00% | |
| Letter of Credit | ||
| Debt | ||
| Maximum borrowing capacity | $ 500.0 | |
| Letter of credit participation fee | 0.50% | |
| Cash Collateral Requirement Amount | 50.0 | |
| Revolving credit threshold for cash collateral | $ 450.0 |
| X | ||||||||||
- Definition Amount of cash required to be pledged or deposited as collateral under the terms of a credit agreement or similar financing arrangement upon the occurrence of specified conditions or thresholds. No definition available.
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- Definition Debt Instrument, Covenant, Line Cap Additional Threshold Amount, Total Liquidity No definition available.
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- Definition Debt Instrument, Covenant, Net Leverage Ratio, Maximum Threshold No definition available.
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- Definition Threshold level of revolving credit utilization that triggers requirement to post cash collateral. No definition available.
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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