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Debt (Tables)
12 Months Ended
Dec. 31, 2019
Line of Credit Facility [Line Items]  
Summary of Components of Long-Term Borrowings and Finance Lease Obligations
The following table summarizes the components of Long-term borrowings and finance lease obligations:
(in millions)
2019
 
2018
2016 Credit Agreement
$

 
$
209.4

2019 Credit Agreement
219.9

 

Finance lease obligations
0.6

 
0.7

Total long-term borrowings and finance lease obligations, including current portion
220.5

 
210.1

Less: Current finance lease obligations
0.2

 
0.2

Total long-term borrowings and finance lease obligations
$
220.3

 
$
209.9

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table summarizes the carrying amounts and fair values of the Company’s financial instruments:
 
2019
 
2018
(in millions)
Notional
Amount
 
Fair
Value
 
Notional
Amount
 
Fair
Value
Long-term borrowings (a)
220.5

 
220.5

 
210.1

 
210.1

(a)
Long-term borrowings includes current portions of finance lease obligations of $0.2 million and $0.2 million as of December 31, 2019 and 2018, respectively.
Schedule of Gross Borrowings and Gross Payments
The following table summarizes the gross borrowings and gross payments under the Company’s revolving credit facilities:
 
For the Years Ended December 31,
(in millions)
2019
 
2018
 
2017
Gross borrowings
$
84.0

 
$
8.0

 
$
262.7

Gross payments
76.6

 
70.1

 
53.6