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v3.23.1

Long-term Debt (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt, Net of Current Maturities, Debt Discounts and Issuance Costs | The table below presents long-term debt, net of current maturities, debt discounts and issuance costs:
(in millions) | March 31, 2023 |  | December 31, 2022
Senior Secured Credit Facilities: |  |  |
Amended Revolving Credit Facility due 2027 | $ | — |  |  | $ | — |
Amended Term Loan A Facility due 2027 | 529.4 |  |  | 536.2 |
Amended Term Loan B Facility due 2029 | 992.5 |  |  | 995.0 |
5.625% Notes due 2027 | 400.0 |  |  | 400.0 |
4.125% Notes due 2029 | 400.0 |  |  | 400.0 |
2.75% Convertible Notes due 2026 | 330.5 |  |  | 330.5 |
Other long-term obligations | 163.5 |  |  | 156.1 |
| 2,815.9 |  |  | 2,817.8 |
Less: Current maturities of long-term debt | (56.2) |  |  | (56.2) |
Less: Debt discounts | (4.4) |  |  | (4.6) |
Less: Debt issuance costs | (33.9) |  |  | (35.7) |
| $ | 2,721.4 |  |  | $ | 2,721.3 |
Schedule of Maturities of Long-term Debt | The following is a schedule of future minimum repayments of long-term debt as of March 31, 2023 (in millions):
Years ending December 31: |
2023 (excluding the three months ended March 31, 2023) | $ | 46.2 |
2024 | 47.6 |
2025 | 38.2 |
2026 | 494.9 |
2027 | 837.0 |
Thereafter | 1,352.0 |
Total minimum payments | $ | 2,815.9 |
Schedule Convertible Notes | The Convertible Notes consisted of the following components:
(in millions) | March 31, 2023 |  | December 31, 2022
Liability: |  |  |
Principal | $ | 330.5 |  |  | $ | 330.5 |
Unamortized debt issuance costs | (5.7) |  |  | (6.2) |
Net carrying amount | $ | 324.8 |  |  | $ | 324.3 |
Schedule of Interest Expense, Net | The table below presents interest expense, net:
|  |  | For the three months ended March 31,
(in millions) |  |  |  |  | 2023 |  | 2022
Interest expense |  |  |  |  | $ | 113.8 |  |  | $ | 161.6 |
Capitalized interest |  |  |  |  | (0.8) |  |  | (0.3) |
Interest expense, net |  |  |  |  | $ | 113.0 |  |  | $ | 161.3 |
The table below presents interest expense related to the Convertible Notes:
|  |  | For the three months ended March 31,
(in millions) |  |  |  |  | 2023 |  | 2022
Coupon interest |  |  |  |  | $ | 2.3 |  |  | $ | 2.3 |
Amortization of debt issuance costs |  |  |  |  | 0.5 |  |  | 0.4 |
Convertible Notes interest expense |  |  |  |  | $ | 2.8 |  |  | $ | 2.7 |

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