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Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Borrowings Outstanding | Debt for the Company consists of the following:
(in millions) | December 31, 2020 |  | December 31, 2019 |  |
Debt: | Amount |  | Rate |  | Amount |  | Rate |  | Maturity Date
2019 Credit Agreement: |  |  |  |  |  |  |  |  |
Term A Facility | $ | 409.1 |  |  | (1) |  | $ | 425.0 |  |  | (2) |  | October 16, 2024
Revolver | — |  |  | (1) |  | — |  |  | (2) |  | October 16, 2024
2026 Senior Notes | 600.0 |  |  | 5.500% |  | 600.0 |  |  | 5.500% |  | June 15, 2026
2023 Senior Notes | 250.0 |  |  | 5.625% |  | 450.0 |  |  | 5.625% |  | October 15, 2023
Securitized debt | 33.9 |  |  | (3) |  | — |  |  | (3) |  | April 6, 2021
Finance lease obligations (4) | 71.4 |  |  |  |  | 64.1 |  |  |  |  | Various
Other | 5.9 |  |  |  |  | 7.9 |  |  |  |  | Various
Total debt | 1,370.3 |  |  |  |  | 1,547.0 |  |  |  |  |
Less: Deferred financing costs | 3.4 |  |  |  |  | 7.0 |  |  |  |  |
Total debt, net | 1,366.9 |  |  |  |  | 1,540.0 |  |  |  |  |
Less: Current portion | 43.9 |  |  |  |  | 37.4 |  |  |  |  |
Total long-term debt, net | $ | 1,323.0 |  |  |  |  | $ | 1,502.6 |  |  |  |  |
(1) | Interest at LIBOR plus applicable margin of 1.250% as of December 31, 2020.
(2) | Interest at LIBOR plus applicable margin of 1.625% as of December 31, 2019.
(3) | Interest at one month LIBOR index plus 80 basis points.
(4) | Finance lease obligations are a non-cash financing activity. Refer to Note 6, "Leases."
Schedule of Estimated Fair Values of Debt Instruments | The fair values of these material financial instruments are as follows:
|  | Fair Value
(in millions) |  | December 31, 2020 |  | December 31, 2019
2023 Senior Notes |  | $ | 255.1 |  |  | $ | 464.2 |
2026 Senior Notes |  | 625.4 |  |  | 634.9 |
Schedule of Maturities of Long-term Debt | As of December 31, 2020, the scheduled maturities of long-term debt outstanding, excluding finance lease obligations, for each of the next five years and thereafter are as follows:
(in millions) |  |
2021 |  | $ | 66.4 |
2022 |  | 21.3 |
2023 |  | 281.9 |
2024 |  | 329.3 |
2025 |  | — |
Thereafter |  | 600.0 |
Total |  | $ | 1,298.9 |

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- 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
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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