Rollins, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PREPARATION (Policies)
Notes Tables
Notes Details

DEBT (Details)

v3.22.1

DEBT (Details) - USD ($) $ in Millions	3 Months Ended
DEBT (Details) - USD ($) $ in Millions	Mar. 31, 2022	Jan. 27, 2022	Dec. 31, 2021	Apr. 30, 2019
Letter of Credit
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 71.3		$ 37.2
Credit Agreement
Line of Credit Facility [Line Items]
Leverage ratio	3.00
Term Loan
Line of Credit Facility [Line Items]
Long-term Line of Credit		$ 300.0
Term Loan One
Line of Credit Facility [Line Items]
Long-term Line of Credit	$ 295.8	48.0	48.0	$ 250.0
Term Loan Two
Line of Credit Facility [Line Items]
Long-term Line of Credit		$ 252.0
Revolving Credit Agreement
Line of Credit Facility [Line Items]
Borrowing capacity				175.0
Long-term Line of Credit			$ 107.0
Revolving Credit Agreement \| BSBY
Line of Credit Facility [Line Items]
Effective interest rate	0.871%
Variable interest rate	0.75%
Revolving Credit Agreement \| Letter of Credit
Line of Credit Facility [Line Items]
Borrowing capacity				75.0
Revolving Credit Agreement \| Swingline
Line of Credit Facility [Line Items]
Borrowing capacity				$ 25.0

- Definition

Represents leverage ratio.

+ References

No definition available.

+ Details

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

+ Details

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- Definition

Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

+ Details

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Balance Type:	credit
Period Type:	instant

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

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