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FINANCING ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Components of Debt

Debt consists of the following instruments:

As of March 31, 2024 (in millions)			Principal Amount						Unamortized discount and debt issuance cost						Net Debt						Weighted average interest rate
Senior secured revolving credit facility due 2026			$	—					$	—					$	—					—		%
Senior secured term loan due 2029			726.1						18.0						708.1						7.86		%
5.75% senior notes due 2025			650.0						2.3						647.7						5.75		%
7.125% senior notes due 2030			725.0						8.5						716.5						7.125		%
Other Debt			6.7						—						6.7
Total Debt			2,107.8						28.8						2,079.0
Less short-term and current portion of long-term debt			9.6						—						9.6
Total long-term debt, net of current portion			$	2,098.2					$	28.8					$	2,069.4

As of December 31, 2023 (in millions)			Principal Amount						Unamortized discount and debt issuance cost						Net Debt						Weighted average interest rate
Senior secured revolving credit facility due 2026			$	—					$	—					$	—					—		%
Senior secured term loan due 2029			727.9						18.9						709.0						7.88		%
5.75% senior notes due 2025			650.0						2.8						647.2						5.75		%
7.125% senior notes due 2030			725.0						8.8						716.2						7.125		%
Other Debt			7.6						—						7.6
Total Debt			2,110.5						30.5						2,080.0
Less short-term and current portion of long-term debt			9.5						—						9.5
Total long-term debt, net of current portion			$	2,101.0					$	30.5					$	2,070.5

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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.

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