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Debt (Tables)
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long Term Debt
Debt for the Company consists of the following:
June 30, 2021December 31, 2020
(in millions, except percentages)AmountRateAmountRateMaturity Date
2019 Credit Agreement:
Term A Facility$393.1 (1)$409.1 (2)October 16, 2024
Revolver95.6 (1)— (2)October 16, 2024
2029 Senior Notes800.0 4.00%— N/AApril 15, 2029
2026 Senior Notes— N/A600.0 5.500%June 15, 2026
2023 Senior Notes— N/A250.0 5.625%October 15, 2023
Securitized debt160.7 (3)33.9 (4)April 6, 2023
Finance lease obligations (5)
71.0 71.4 Various
Other3.2 5.9 Various
Total debt1,523.6 1,370.3 
Less: Deferred financing costs14.0 3.4 
Total debt, net1,509.6 1,366.9 
Less: Current portion36.4 43.9 
Total long-term debt, net$1,473.2 $1,323.0 
(1)
Interest at LIBOR plus applicable margin of 1.250% as of June 30, 2021.
(2)
Interest at LIBOR plus applicable margin of 1.250% as of December 31, 2020.
(3)
Interest at one month LIBOR index plus 70 basis points.
(4)
Interest at one month LIBOR index plus 80 basis points.
(5)
New finance lease obligations are a non-cash financing activity. Refer to Note 6, "Leases".
Fair Value of Financial Instruments The fair values of these material financial instruments are as follows:
Fair Value
(in millions)June 30, 2021December 31, 2020
2023 Senior Notes$— $255.1 
2026 Senior Notes— 625.4 
2029 Senior Notes812.8 —