XML 84 R74.htm IDEA: XBRL DOCUMENT
v3.23.1

Debt and Credit Arrangements - Senior Secured Revolving Credit Facility and Term Loan (Details) - USD ($) |  |  | 3 Months Ended | 12 Months Ended |
--- | --- | --- | --- | --- | ---
Mar. 17, 2023 | Oct. 18, 2021 | Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | Nov. 21, 2022
Debt Instrument |  |  |  |  |  |
Unamortized debt issuance costs |  |  | $ 35,800,000 |  | $ 4,800,000 |
Interest expense, debt |  |  | 48,200,000 |  |  |
Unamortized discount |  |  | 29,200,000 |  | 29,900,000 |
Revolving Credit Facility |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Potential increase to applicable margin (percent) |  | 0.05% |  |  |  |
Potential decrease to applicable margin (percent) |  | 0.025% |  |  |  |
Potential increase to sustainability fee (percent) |  | 0.01% |  |  |  |
Potential decrease to sustainability fee (percent) |  | 0.01% |  |  |  |
Unamortized debt issuance costs |  |  | 33,300,000 |  | 0 |
Interest expense, debt |  |  | 8,100,000 | $ 3,300,000 |  |
Unamortized discount |  |  | $ 37,500,000 |  | 0 |
Revolving Credit Facility | Minimum |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Incremental commitment amount |  |  |  |  |  | $ 10,000,000.0
Incremental commitment amount, per lender |  |  |  |  |  | 1,000,000.0
Revolving Credit Facility | Minimum | Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) |  | 0.25% |  |  |  |
Revolving Credit Facility | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) |  | 1.25% |  |  |  |
Commitment fee (percent) |  | 0.20% |  |  |  |
Revolving Credit Facility | Maximum | Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) |  | 1.25% |  |  |  |
Revolving Credit Facility | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) |  | 2.25% |  |  |  |
Commitment fee (percent) |  | 0.35% |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | $ 1,000,000,000 |  |  |  |
Maximum percentage of capital stock guaranteed by company |  |  | 65.00% |  |  |
Debt issuance cost |  |  | $ 400,000 |  | 1,500,000 |
Unamortized debt issuance costs |  |  | 8,200,000 |  | 8,400,000 |
Interest expense, debt |  |  | 2,600,000 | 3,300,000 |  |
Principal amount | $ 1,534.8 |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Interest Rate Option One |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Percentage of principal amount redeemed, quarterly installments | 0.50% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Interest Rate Option Two |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 1.50% |  |  |  |  |
Percentage of principal amount redeemed, quarterly installments | 0.25% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Scenario, Adjustment |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Unamortized debt issuance costs |  |  |  |  | 7,100,000 |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Interest Rate Option One |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 0.10% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Applicable Margin Rate | Interest Rate Option One |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 3.75% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Applicable Margin Rate | Interest Rate Option Two |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 2.75% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Adjusted Term SOFR |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Adjusted interest rate trigger (percent) | 0.50% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Adjusted Term SOFR | Interest Rate Option One |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 0.50% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | SOFR Plus Credit Spread Adjustment | Interest Rate Option One |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 0.10% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | Fed Funds Effective Rate Overnight Index Swap Rate | Interest Rate Option Two |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 0.50% |  |  |  |  |
Revolving Credit Facility | Senior secured revolving credit facility due October 2026 | One Month Adjusted Term SOFR | Interest Rate Option Two |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Debt instrument variable interest rate (percent) | 1.00% |  |  |  |  |
Revolving Credit Facility | Term Loan Due 2030 |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Interest expense, debt |  |  | 5,500,000 | $ 0 |  |
Revolving Credit Facility | Term Loan Due 2030 | Term Loan |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Unamortized debt issuance costs |  |  |  |  |  | 33,500,000
Interest expense, debt |  |  | 100,000 |  |  |
Unamortized discount |  |  |  |  |  | 37,600,000
Principal amount |  |  | $ 1,534,800,000 |  | $ 0 |
Revolving Credit Facility Sub-limit - Letters of Credit | Senior secured revolving credit facility due October 2026 |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | 350,000,000.00 |  |  |  | $ 150,000,000.00
Revolving Credit Facility Sub-limit - Discretionary Letters of Credit | Senior secured revolving credit facility due October 2026 |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | 200,000,000.0 |  |  |  |
Revolving Credit Facility Sub-limit - Swingline | Senior secured revolving credit facility due October 2026 |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | $ 100,000,000.0 |  |  |  |

X
- Definition Adjusted Interest Rate Trigger + References No definition available. + Details
Name: | gtls_AdjustedInterestRateTrigger
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Covenant, Potential Decrease To Applicable Margin + References No definition available. + Details
Name: | gtls_DebtCovenantPotentialDecreaseToApplicableMargin
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Covenant, Potential Decrease To Sustainability Fee + References No definition available. + Details
Name: | gtls_DebtCovenantPotentialDecreaseToSustainabilityFee
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Covenant, Potential Increase To Applicable Margin + References No definition available. + Details
Name: | gtls_DebtCovenantPotentialIncreaseToApplicableMargin
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Covenant, Potential Increase To Sustainability Fee + References No definition available. + Details
Name: | gtls_DebtCovenantPotentialIncreaseToSustainabilityFee
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Incremental Commitment Amount + References No definition available. + Details
Name: | gtls_DebtInstrumentCovenantIncrementalCommitmentAmount
Namespace Prefix: | gtls_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument, Covenant Incremental Commitment Amount, Per Lender + References No definition available. + Details
Name: | gtls_DebtInstrumentCovenantIncrementalCommitmentAmountPerLender
Namespace Prefix: | gtls_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed, Quarterly Installments + References No definition available. + Details
Name: | gtls_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemedQuarterlyInstallments
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum Percentage Of Capital Stock Guaranteed By Companys Material Non US Subsidiaries For Obligations Under The Senior Credit Facility + References No definition available. + Details
Name: | gtls_MaximumPercentageOfCapitalStockGuaranteedByCompanysMaterialNonUSSubsidiariesForObligationsUnderSeniorCreditFacility
Namespace Prefix: | gtls_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt discount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of debt issuance costs that were incurred during a noncash or partial noncash transaction. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4304-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4313-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4332-108586 + Details
Name: | us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69F -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495745-112612 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 + Details
Name: | us-gaap_InterestExpenseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + 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 https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + References No definition available. + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gtls_SeniorSecuredRevolvingCreditFacility2026CreditFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | gtls_InterestRateOptionAxis=gtls_InterestRateOptionOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | gtls_InterestRateOptionAxis=gtls_InterestRateOptionTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=us-gaap_ScenarioAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=gtls_ApplicableMarginRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=gtls_AdjustedTermSOFRMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=gtls_SOFRPlusCreditSpreadAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_FederalFundsEffectiveSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=gtls_OneMonthAdjustedTermSOFRMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gtls_TermLoanDue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=gtls_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=gtls_RevolvingCreditFacilitySublimitLettersofCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=gtls_RevolvingCreditFacilitySublimitDiscretionaryLettersofCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=gtls_RevolvingCreditFacilitySublimitSwinglineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |