v3.26.1
Borrowings Under Credit Facilities and Commercial Paper Program (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Aggregate Borrowings Under Unsecured Revolving Credit Facility and Commercial Paper Program
The following information relates to aggregate borrowings for the periods presented (in thousands):
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
Balance outstanding at quarter end$$— $$
Gross borrowings3,520,0006,400,0003,520,2506,400,000
Gross repayments(3,520,000)(6,400,000)(3,520,250)(6,400,000)
Maximum amount outstanding at any month end370,000600,000 370,000600,000
Average amount outstanding (total of daily principal balances divided by days in period)62,912157,473 31,63179,171
Weighted average interest rate (actual interest expense divided by average borrowings outstanding)4.27 %4.71 %4.27 %4.71 %