
	June 30, 2026		December 31, 2025
Term Loan, expiring 2030	$	1,045,000	$	1,045,000
Senior Secured Notes, maturing 2031	725,000		725,000
Less: unamortized discount and debt issuance costs	(76,660)		(82,752)


Total long-term debt	$	1,693,340	$	1,687,248

The Term Loan is part of our Credit Agreement with Citibank, N.A., and includes a revolving credit facility. As of June 30, 2026, the revolving credit facility had $261 million of borrowings available and no borrowings outstanding. The Company was in compliance with all covenants required by the Credit Agreement as of June 30, 2026.

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.

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+ Details