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Debt (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of information about debt | The following table presents information about our debt:
(dollars in millions) | March 31, 2023 |  | December 31, 2022
Interest terms |  | Rate |  | Amount |
Receivables facility | SOFR 1 plus 0.80% |  | 5.70% |  | $ | 287.3 |  |  | $ | 327.2 |
Senior secured credit facilities: |  |  |  |  |  |  |
Euro term loans B-4 | EURIBOR plus 2.50% |  | 4.93% |  | 646.2 |  |  | 636.7 |
Euro term loans B-5 | EURIBOR plus 2.00% |  | 4.43% |  | 347.1 |  |  | 342.0 |
U.S. dollar term loans B-5 | LIBOR plus 2.25% |  | 6.88% |  | 1,263.1 |  |  | 1,488.3 |
2.625% secured notes | fixed rate |  | 2.625% |  | 706.6 |  |  | 694.5 |
3.875% unsecured notes | fixed rate |  | 3.875% |  | 800.0 |  |  | 800.0 |
3.875% unsecured notes | fixed rate |  | 3.875% |  | 434.8 |  |  | 427.3 |
4.625% unsecured notes | fixed rate |  | 4.625% |  | 1,550.0 |  |  | 1,550.0 |
Finance lease liabilities | 69.0 |  |  | 68.9 |
Other | 13.6 |  |  | 14.2 |
Total debt, gross | 6,117.7 |  |  | 6,349.1 |
Less: unamortized deferred financing costs | (56.5) |  |  | (61.6) |
Total debt | $ | 6,061.2 |  |  | $ | 6,287.5 |
Classification on balance sheets: |  |  |
Current portion of debt | $ | 325.2 |  |  | $ | 364.2 |
Debt, net of current portion | 5,736.0 |  |  | 5,923.3 |
Schedule of availability under credit facilities | The following table presents availability under our credit facilities:
(in millions) | March 31, 2023
Receivables facility |  | Revolving credit facility |  | Total
Capacity | $ | 352.8 |  |  | $ | 515.0 |  |  | $ | 867.8 |
Undrawn letters of credit outstanding | (13.7) |  |  | — |  |  | (13.7) |
Outstanding borrowings | (287.3) |  |  | — |  |  | (287.3) |
Unused availability | $ | 51.8 |  |  | $ | 515.0 |  |  | $ | 566.8 |

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- 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
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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 -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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