v3.26.3
Debt and Credit Arrangements (Tables)
9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt

Debt consists of the following:

(in millions)

 

September 30, 2026

 

 

December 31, 2025

 

Short-term:

 

 

 

 

 

 

Subordinated debentures maturing February 3, 2027

 

 

50.1

 

 

 

—

 

Senior debentures maturing April 15, 2026

 

 

—

 

 

 

375.0

 

Total short-term debt

 

 

50.1

 

 

 

375.0

 

 

 

 

 

 

 

 

Long-term:

 

 

 

 

 

 

Senior debentures maturing September 1, 2035

 

 

500.0

 

 

 

500.0

 

Senior debentures maturing September 1, 2030

 

 

300.0

 

 

 

300.0

 

Subordinated debentures maturing February 3, 2027

 

 

—

 

 

 

50.1

 

Total long-term debt principal

 

 

800.0

 

 

 

850.1

 

Unamortized debt issuance costs

 

 

(5.9

)

 

 

(6.8

)

Total long-term debt

 

 

794.1

 

 

 

843.3

 

Total debt

 

$

844.2

 

 

$

1,218.3