v3.26.1
Note 9 - Notes Payable (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Debt [Table Text Block]
            

Outstanding as of

 
            

June 30, 2026

  

December 31, 2025

 

Revolving credit facilities at a weighted average interest rate equal to 6.7% as of June 30, 2026 (7.1% as of December 31, 2025) secured by the financial and operating assets of CAR and/or certain receivables and restricted cash with a combined aggregate carrying amount of $7,205.2 million as of June 30, 2026 ($7,340.6 million as of December 31, 2025)

Maturity date

Interest rate (6)

 

Amortization period (months) (7)

  

Committed capacity

         

Revolving credit facility (1) (2)

December 2028

SOFR plus 2.25%-2.60%

    $65.0  $20.1  $24.9 

Revolving credit facility (2) (3)

January 2028

SOFR plus 3.00%

     50.0       

Revolving credit facility (2) (3)

October 2026

Term SOFR plus 3.60%

     75.0   39.3   74.6 

Revolving credit facility (2) (3)

April 2028

Term SOFR plus 2.85%

     40.0   11.6   12.2 

Revolving credit facility (2) (3)

March 2028

Prime Rate

  12   75.0   50.0   51.1 

Revolving credit facility (2) (3) (4)

May 2030

Fixed 6.33%

  18   325.0   325.0   325.0 

Revolving credit facility (2) (3) (4)

August 2027

Term SOFR plus 1.80%-6.85%

  12   158.3   47.5   31.7 

Revolving credit facility (2) (3)

August 2027

Term SOFR plus 3.50%

     25.0       

Revolving credit facility, repaid in June 2026 (3) (4)

September 2029

Fixed 9.51%

  18         300.0 

Revolving credit facility (3) (4)

November 2029

Fixed 8.86%

  18   250.0   250.0   250.0 

Revolving credit facility (3) (4)

July 2030

Fixed 7.78%

  18   100.0   100.0   100.0 

Revolving credit facility (3) (4)

September 2029

Fixed 6.60%

  18   200.0   200.0   200.0 

Revolving credit facility (3) (4)

August 2028

Commercial paper rate (3.89%) plus 2.00%

  18   200.0      100.0 

Revolving credit facility (3) (4)

December 2030

Fixed 6.76%

  18   350.0   350.0   350.0 

Revolving credit facility (3) (4)

January 2031

Fixed 6.74%

  18   125.0   125.0   125.0 

Revolving credit facility (3) (4)

February 2030

Fixed 5.82%

  18   200.0   200.0   200.0 

Revolving credit facility (3) (4) (5)

April 2029

Term SOFR plus 2.40%-7.80%

  12   361.9   307.6   361.9 

Revolving credit facility (3) (4) (5)

July 2029

Commercial paper rate (3.88% as of December 31, 2025) plus 2.25% OR Term SOFR plus 8.15% based on class of notes

  18   379.1   194.4   223.0 

Revolving credit facility, repaid in May 2026 (3) (4) (5)

July 2029

Fixed 7.46%

  18         700.0 

Revolving credit facility (3) (4) (5)

April 2029

Commercial paper rate (3.88% as of December 31, 2025) plus 2.15% OR Term SOFR plus 8.50% dependent on class of notes

  18   374.0   194.4   313.0 

Revolving credit facility, repaid in April 2026 (3) (4) (5)

June 2027

Term SOFR plus 2.00%-7.50%

  12         500.0 

Revolving credit facility (3) (4)

May 2031

Fixed 7.02%

  18   300.0   300.0   300.0 

Revolving credit facility (3) (4)

October 2031

Fixed 6.90%

  18   500.0   500.0   500.0 

Revolving credit facility (3) (4)

December 2031

Fixed 6.00%

  18   750.0   750.0   750.0 

Revolving credit facility (3) (4)

October 2033

Fixed 5.59%

  18   100.0   100.0    

Revolving credit facility (3) (4)

February 2032

Fixed 6.16%

  18   365.0   365.0    

Revolving credit facility (3) (4)

April 2029

Term SOFR plus 2.1%-6.50%

  12   500.0   500.0    

Revolving credit facility (3) (4)

June 2032

Fixed 5.61%

  18   400.0   400.0    

Revolving credit facility (3) (4)

January 2032

Fixed 6.83%

  18   275.0   275.0    

Revolving credit facility

July 2028

Term SOFR plus 3.00%

     50.0      50.0 

Revolving credit facility (2) (3)

May 2027

Term SOFR plus 3.75%

  8   100.0       

Revolving credit facility (2) (3)

April 2029

Term SOFR plus 2.50%

  18   125.0       
                   

Other facilities

                  

Other debt

          5.2   5.3 

Total notes payable before unamortized debt issuance costs and discounts

          5,610.1   5,847.7 

Unamortized debt issuance costs and discounts

          (31.2)  (28.9)

Total notes payable outstanding, net

         $5,578.9  $5,818.8