v3.26.3
Debt
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Debt Disclosure Debt
On June 26, 2026, the Company issued $550.0 million of 5.10% senior unsecured notes due July 15, 2031 (“2026 Notes”). The 2026 Notes were issued at 99.961% of par value. The Company will pay interest on the notes semi-annually on January 15 and July 15, commencing on January 15, 2027. The total discount and issuance costs of $5.0 million are presented on the balance sheet as a reduction of the debt obligation and are being amortized to Interest expense over the 5-year term of the notes.
On July 20, 2026, the Company used the net proceeds from the 2026 Notes and cash on hand to redeem all of its $550.0 million aggregate principal amount of outstanding 4.75% senior unsecured notes issued in 2017 (“2017 Notes”), prior to their scheduled maturity on July 15, 2027.