XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments |
|  |  |  | As of September 30, 2022 |  | As of December 31, 2021
|  | Maturity Date |  | Interest Rate |  | Amount |  | Interest Rate |  | Amount
Credit Facility |  |  |  |  |  |  |  |  |  |
Senior unsecured revolving loan facility |  | December 2026 |  | Variable |  | $ | 101.6 |  |  | Variable |  | $ | 316.4 |
Term Loan |  |  |  |  |  |  |  |  |  |
Senior unsecured term loan facility |  | December 2026 |  | Variable |  | 984.5 |  |  | Variable |  | 1,420.0 |
Unsecured Senior Notes |  |  |  |  |  |  |  |  |  |
Senior notes due 2024 |  | December 2024 |  | 5.500 | % |  | 575.0 |  |  | 5.500 | % |  | 575.0 |
Senior notes due 2025 |  | May 2025 |  | 4.125 | % |  | 600.0 |  |  | 4.125 | % |  | 600.0 |
Senior notes due 2028 |  | April 2028 |  | 4.250 | % |  | 600.0 |  |  | 4.250 | % |  | 600.0 |
Senior notes due 2029 |  | February 2029 |  | 3.250 | % |  | 700.0 |  |  | 3.250 | % |  | 700.0 |
Senior notes due 2026 |  | December 2026 |  | 2.670 | % |  | 1,000.0 |  |  | 2.670 | % |  | 1,000.0 |
Senior notes due 2028 |  | December 2028 |  | 3.276 | % |  | 500.0 |  |  | 3.276 | % |  | 500.0 |
Senior notes due 2031 |  | December 2031 |  | 3.569 | % |  | 1,000.0 |  |  | 3.569 | % |  | 1,000.0 |
Total unsecured senior notes |  |  |  |  |  | 4,975.0 |  |  |  |  | 4,975.0 |
Receivable financing liability |  |  |  |  |  | 124.3 |  |  |  |  | 179.5 |
Other long-term obligations |  |  |  |  |  | 12.2 |  |  |  |  | 13.6 |
Unamortized discounts and deferred financing fees |  |  |  |  |  | (39.8) |  |  |  |  | (46.0) |
Current maturities of long-term debt |  |  |  |  |  | (57.8) |  |  |  |  | (102.7) |
Total long-term debt |  |  |  |  |  | $ | 6,100.0 |  |  |  |  | $ | 6,755.8 |
Carrying Value of Long-Term Debt | The approximate fair values and related carrying values of the Company’s long-term debt, including current maturities and excluding unamortized discount and unamortized deferred financing costs, were as follows:
|  | September 30, 2022 |  | December 31, 2021
Fair value |  | $ | 5,494.7 |  |  | $ | 6,996.0 |
Carrying value |  | 6,197.6 |  |  | 6,904.5 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration