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Borrowings
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Borrowings BORROWINGS
Borrowings are summarized as follows:
June 30, 2021December 31, 2020
2024 Dollar Term Loans$2,051.0 $2,063.2 
2025 Euro Senior Notes535.8 552.1 
2027 Dollar Senior Notes500.0 500.0 
2029 Dollar Senior Notes700.0 700.0 
Short-term and other borrowings103.0 118.0 
Unamortized original issue discount(5.5)(6.3)
Unamortized deferred financing costs(30.4)(34.3)
Total borrowings, net3,853.9 3,892.7 
Less:
Short-term borrowings16.2 29.9 
Current portion of long-term borrowings24.3 24.3 
Long-term debt$3,813.4 $3,838.5 
Revolving Credit Facility
During May 2021, we entered into the Tenth Amendment to the Credit Agreement (the "Tenth Amendment"), to among other things, increase commitments available pursuant to the Revolving Credit Facility from $400.0 million to $550.0 million and extend the maturity of the Revolving Credit Facility from 2024 to 2026, provided that such date will be accelerated in certain circumstances as set forth in the Tenth Amendment. As a result, we recorded $1.4 million of incremental deferred financing costs.
At June 30, 2021 and December 31, 2020, letters of credit issued under the Revolving Credit Facility totaled $34.0 million which reduced the availability under the Revolving Credit Facility. Availability under the Revolving Credit Facility was $516.0 million and $366.0 million at June 30, 2021 and December 31, 2020, respectively.
Future repayments
Below is a schedule of required future repayments of all borrowings outstanding at June 30, 2021.
Remainder of 2021$26.1 
202254.4 
202327.3 
20241,993.3 
2025539.1 
Thereafter1,249.6 
Total borrowings3,889.8 
Unamortized original issue discount(5.5)
Unamortized deferred financing costs(30.4)
Total borrowings, net$3,853.9