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Long-term Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt, Net of Current Maturities | The table below presents long-term debt, net of current maturities, debt discounts, and issuance costs:
| December 31,
(in millions) | 2023 |  | 2022
Senior Secured Credit Facilities: |  |  |
Amended Revolving Credit Facility due 2027 | $ | — |  |  | $ | — |
Amended Term Loan A Facility due 2027 | 508.8 |  |  | 536.2 |
Amended Term Loan B Facility due 2029 | 985.0 |  |  | 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 | 173.5 |  |  | 156.1 |
| 2,797.8 |  |  | 2,817.8 |
Less: Current maturities of long-term debt | (47.6) |  |  | (56.2) |
Less: Debt discounts | (3.9) |  |  | (4.6) |
Less: Debt issuance costs | (28.3) |  |  | (35.7) |
| $ | 2,718.0 |  |  | $ | 2,721.3 |
Schedule of Future Minimum Repayments of Long-Term Debt | The following is a schedule of future minimum repayments of long-term debt as of December 31, 2023 (in millions):
Years ending December 31: |
2024 | $ | 47.6 |
2025 | 38.2 |
2026 | 522.8 |
2027 | 837.0 |
2028 | 10.8 |
Thereafter | 1,341.4 |
Total minimum payments | $ | 2,797.8 |
Schedule Convertible Notes | The Convertible Notes consisted of the following components:
| December 31, |  |
(in millions) | 2023 |  | 2022 |  |
Liability: |  |  |  |  |
Principal | $ | 330.5 |  |  | $ | 330.5 |  |  |
Unamortized debt issuance costs | (4.4) |  |  | (6.2) |  |  |
Net carrying amount | $ | 326.1 |  |  | $ | 324.3 |  |  |
Schedule of Interest Expense, Net | Interest expense, net The table below presents interest expense, net:
| For the year ended December 31,
(in millions) | 2023 |  | 2022 |  | 2021
Interest expense | $ | 469.6 |  |  | $ | 760.1 |  |  | $ | 566.9 |
Capitalized interest | (4.9) |  |  | (1.9) |  |  | (4.1) |
Interest expense, net | $ | 464.7 |  |  | $ | 758.2 |  |  | $ | 562.8 |
The table below presents interest expense related to the Convertible Notes:
| For the year ended December 31,
(in millions) | 2023 |  | 2022 |  | 2021
Coupon interest | $ | 9.1 |  |  | $ | 9.1 |  |  | $ | 9.1 |
Amortization of debt discount | — |  |  | — |  |  | 12.7 |
Amortization of debt issuance costs | 1.7 |  |  | 1.7 |  |  | 0.9 |
Convertible Notes interest expense | $ | 10.8 |  |  | $ | 10.8 |  |  | $ | 22.7 |

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