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Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Composition of Long-Term Debt | The Company has the following Senior Notes issued as of December 31, 2019 (amount in millions):
Description |  | Principal Amount |  | Maturity Date |  | Interest Payment Date
5.00% Senior Notes |  | $550.0 |  | June 1, 2022 |  | June 1, December 1
5.25% Senior Notes |  | $300.0 |  | December 15, 2023 |  | June 15, December 15
Long-term debt, net of current maturities consisted of the following (in millions):
|  | December 31,
|  | 2019 |  | 2018
5.00% Senior Notes aggregate principal (1) |  | $ | 550.0 |  |  | $ | 550.0 |
5.25% Senior Notes aggregate principal (1) |  | 300.0 |  |  | 300.0 |
Acquisition Line |  | 72.5 |  |  | 31.8 |
Real estate related |  | 453.3 |  |  | 420.8 |
Finance leases (2) |  | 83.0 |  |  | 48.6 |
Other |  | 42.8 |  |  | 33.6 |
Total debt |  | 1,501.7 |  |  | 1,384.8 |
Less: unamortized discount on 5.00% notes & 5.25% notes |  | (5.6 | ) |  | (7.4 | )
Less: unamortized debt issuance costs |  | (4.8 | ) |  | (2.9 | )
Less: current maturities of long-term debt and short-term financing |  | (59.1 | ) |  | (93.0 | )
Long-term debt, net of current maturities |  | $ | 1,432.1 |  |  | $ | 1,281.5 |
(1) See Note 6 “Financial Instruments and Fair Value Measurements” for further discussion of the fair value. (2) Balances as of December 31, 2018 were unchanged under the optional transition method applied as part of the implementation of Topic 842. See Note 1 “Business and Summary of Significant Accounting Policies” and Note 10 “Leases” for further information.
Aggregate Annual Maturities of Long-Term Debt | The aggregate annual maturities of long-term debt for the next five years, excluding unamortized discount and debt issuance costs, are as follows (in millions):
|  | Total
Years Ended December 31, |  |
2020 |  | $ | 58.2 |
2021 |  | 75.1 |
2022 |  | 598.7 |
2023 |  | 374.5 |
2024 |  | 152.8 |
Thereafter |  | 242.4 |
Total |  | $ | 1,501.7 |
Debt Redemption | The Company, at its option, may redeem some or all of the Senior Notes at the redemption prices (expressed as percentages of principal amount of the notes) set forth below, plus accrued and unpaid interest. 5.00% Senior Notes
Redemption Period |  | Redemption Price
June 1, 2019 - May 31, 2020 |  | 101.250%
June 1, 2020 and thereafter |  | 100.000%
5.25% Senior Notes
Redemption Period |  | Redemption Price
December 15, 2019 - December 14, 2020 |  | 102.625%
December 15, 2020 - December 14, 2021 |  | 101.313%
December 15, 2021 and thereafter |  | 100.000%

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- Definition Tabular disclosure of debt instruments or arrangements with redemption features. Includes, but is not limited to, description of debt redemption features, percentage price at which debt can be redeemed by the issuer, and period start and end for debt maturity or redemption. + References No definition available. + Details
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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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