v3.26.1
DEBT
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
DEBT DEBT
Long-term debt consisted of the following (in millions):
March 31, 2026December 31, 2025
4.00% Senior Notes due August 15, 2028
$750.0 $750.0 
6.375% Senior Notes due January 15, 2030
500.0 500.0 
Acquisition Line504.0 964.0 
Other Debt:
Real estate related1,100.6 1,151.0 
Finance leases 281.3 329.5 
Other17.4 18.2 
Total other debt1,399.3 1,498.7 
Total debt3,153.3 3,712.7 
Less: unamortized debt issuance costs12.313.2
Less: current maturities289.5259.0
Total long-term debt$2,851.5 $3,440.5 
Acquisition Line
The proceeds of the Acquisition Line (as defined in Note 10. Floorplan Notes Payable) are used for working capital, general corporate and acquisition purposes. As of March 31, 2026, borrowings under the Acquisition Line, a component of the Revolving Credit Facility (as defined in Note 10. Floorplan Notes Payable), totaled $504.0 million. The weighted average interest rate on this facility was 5.01% during the three months ended March 31, 2026.
Real Estate Related
The Company has mortgage loans in the U.S. and the U.K. that are paid in installments. As of March 31, 2026, borrowings outstanding under these facilities totaled $1,100.6 million, gross of debt issuance costs, comprised of $728.9 million in the U.S. and $371.8 million in the U.K., respectively.