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Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
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)March 31,
2022
December 31, 2021
2019 Credit Agreement (a)
$327.8 $280.7 
Finance lease obligations1.9 2.1 
Total long-term borrowings and finance lease obligations, including current portion329.7 282.8 
Less: Current finance lease obligations0.5 0.6 
Total long-term borrowings and finance lease obligations$329.2 $282.2 
(a)     Defined as the Second Amended and Restated Credit Agreement, dated July 30, 2019, as amended.
Schedule of Carrying Amounts and Estimated Fair Values of Long-Term Borrowings
The following table summarizes the carrying amounts and estimated fair values of the Company’s long-term borrowings:
 March 31, 2022December 31, 2021
 (in millions)
Notional
Amount
Fair
Value
Notional
Amount
Fair
Value
Long-term borrowings (a)
$329.7 $329.7 $282.8 $282.8 
(a)     Long-term borrowings includes current finance lease obligations of $0.5 million and $0.6 million as of March 31, 2022 and December 31, 2021, 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:
Three Months Ended
March 31,
(in millions)20222021
Gross borrowings$55.0 $45.0 
Gross payments 8.2 34.9