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Debt (Tables) | 6 Months Ended
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Jun. 30, 2020
Debt Disclosure [Abstract] |
Schedule of long term debt | Debt for the Company consists of the following:
| June 30, 2020 |  |  |  | December 31, 2019 |  |  |  |
(in millions, except percentages) | Amount |  | Rate |  | Amount |  | Rate |  | Maturity Date
2019 Credit Agreement: |  |  |  |  |  |  |  |  |
Term A Facility | $ | 414.4 |  |  | (1) |  | $ | 425.0 |  |  | (2) |  | October 16, 2024
364-Day Term Loan | 200.0 |  |  | (3) |  | — |  |  | (3) |  | May 12, 2021
Revolver | — |  |  | (1) |  | — |  |  | (2) |  | October 16, 2024
2026 Senior Notes | 600.0 |  |  | 5.500% |  | 600.0 |  |  | 5.500% |  | June 15, 2026
2023 Senior Notes | 450.0 |  |  | 5.625% |  | 450.0 |  |  | 5.625% |  | October 15, 2023
Securitized debt | — |  |  | (4) |  | — |  |  | (4) |  | April 6, 2021
Finance lease obligations (5) | 71.2 |  |  |  |  | 64.1 |  |  |  |  | Various
Other | 25.2 |  |  |  |  | 7.9 |  |  |  |  | Various
Total debt | 1,760.8 |  |  |  |  | 1,547.0 |  |  |  |  |
Less: Deferred financing costs | 7.2 |  |  |  |  | 7.0 |  |  |  |  |
Total debt, net | 1,753.6 |  |  |  |  | 1,540.0 |  |  |  |  |
Less: Current portion | 256.4 |  |  |  |  | 37.4 |  |  |  |  |
Total long-term debt, net | $ | 1,497.2 |  |  |  |  | $ | 1,502.6 |  |  |  |  |
(1) | Interest at LIBOR plus applicable margin of 1.375% as of June 30, 2020.
(2) | Interest at LIBOR plus applicable margin of 1.625% as of December 31, 2019.
(3) | Interest at base rate plus applicable margin of 1.375% per annum or a eurocurrency rate (subject to a 1.0% floor) plus applicable margin of 2.375% per annum.
(4) | Interest at one month LIBOR index plus 80 basis points.
(5) | Finance lease obligations are a non-cash financing activity. Refer to Note 6, "Leases".
Fair value of financial instruments | The fair values of these material financial instruments are as follows:
|  | Fair Value |  |
(in millions) |  | June 30, 2020 |  | December 31, 2019
2023 Senior Notes |  | $ | 457.5 |  |  | $ | 464.2 |
2026 Senior Notes |  | 614.2 |  |  | 634.9 |

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