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DEBT (Tables) | 12 Months Ended
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Dec. 31, 2021
DEBT |
Schedule of debt | The Company’s debt consisted of the following as of December 31, 2021 and 2020 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2021 |  | December 31, 2020 |
Term Loan Agreement due December 2023, floating rate | ​ | $ | 159.5 | ​ | $ | 68.7 | ​
$500 million fixed rate Senior Notes due December 2030, stated rate of 1.625% | ​ | ​ | 493.3 | ​ | ​ | 489.3 | ​
$650 million fixed rate Senior Notes due January 2027, stated rate of 3.650% | ​ |  | 646.5 | ​ |  | 645.9 | ​
Revolving Credit Agreement | ​ | ​ | — | ​ | ​ | — | ​
EuroCCP Credit Facility | ​ | ​ | — | ​ | ​ | — | ​
Total debt | ​ | $ | 1,299.3 | ​ | $ | 1,203.9 | ​
Schedule of maturities of long-term debt | The future expected loan repayments related to the Term Loan Agreement and the Senior Notes as of December 31, 2021 are as follows (in millions):
​ | ​ | ​
2022 | $ | —
2023 | ​ | 160.0
2024 | ​ | —
2025 | ​ | —
Thereafter | ​ | 1,150.0
Principal amounts repayable | ​ | 1,310.0
Debt issuance costs | ​ | (5.1)
Unamortized discounts on notes | ​ | (5.6)
Total debt outstanding | $ | 1,299.3
Schedule of interest expense |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year Ended |  | Year Ended |  | Year Ended |
​ | ​ | December 31, | ​ | December 31, | ​ | December 31, |
​ |  | 2021 |  | 2020 |  | 2019 |
Components of interest expense: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contractual interest | ​ | $ | 45.7 | ​ | $ | 35.3 | ​ | $ | 35.6 | ​
Amortization of debt discount and issuance costs | ​ |  | 2.3 | ​ |  | 3.4 | ​ |  | 2.2 | ​
Interest expense | ​ | $ | 48.0 | ​ | $ | 38.7 | ​ | $ | 37.8 | ​
Interest income | ​ | ​ | (0.6) | ​ | ​ | (1.1) | ​ | ​ | (1.9) | ​
Interest expense, net | ​ | $ | 47.4 | ​ | $ | 37.6 | ​ | $ | 35.9 | ​

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