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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Total Debt Outstanding | The following table presents our total debt outstanding:
(in millions) | December 31, 2023 |  | December 31, 2022
Term Loan B due 2024 | $ | — |  |  | $ | 380.0 |
Term Loan B-1 due 2028 | 291.8 |  |  | 294.7 |
Term Loan A due 2027 | 1,235.0 |  |  | 800.0 |
Revolver | 247.2 |  |  | 664.1 |
2027 Senior Notes | 600.0 |  |  | 600.0 |
2028 Senior Notes | 700.0 |  |  | 700.0 |
2030 Senior Notes | 1,200.0 |  |  | 1,200.0 |
2031 Senior Notes | 600.0 |  |  | — |
Total debt | 4,874.0 |  |  | 4,638.8 |
Current maturities of long-term debt | (68.0) |  |  | (47.0) |
Unamortized premium and deferred finance charges | (37.7) |  |  | (33.1) |
Total debt, net of current maturities and costs | $ | 4,768.3 |  |  | $ | 4,558.7 |
Schedule of Future Aggregate Maturities of Total Debt | Future aggregate maturities of total debt are as follows (in millions):
Years Ended December 31,
2024 |  | $ | 68.0 |
2025 |  | 68.0 |
2026 |  | 68.0 |
2027 |  | 1,890.2 |
2028 |  | 979.8 |
Thereafter |  | 1,800.0 |
Total |  | $ | 4,874.0 |
Interest Coverage Ratio and Net Leverage Ratio |
|  |  | Actual as of December 31, 2023 |  | Requirement
Interest coverage ratio |  |  | 4.0 to 1.0 |  | > 2.5 to 1.0
Consolidated total secured net leverage ratio |  | 1.1 to 1.0 |  | < 4.0 to 1.0

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