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Long-Term Debt

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt

A summary of long-term debt follows (in millions):

						March 31, 2024						December 31, 2023
Senior secured term loan (1)						$	1,398.4					$	1,398.4
Senior secured revolving credit facility						87.0						—
6.750% senior unsecured notes due 2025						185.0						185.0
10.000% senior unsecured notes due 2027						320.0						320.0
Notes payable and other secured loans						202.2						205.2
Finance lease obligations						704.6						693.6
Less: unamortized debt issuance costs and discounts						(26.2)						(27.1)
Total debt						2,871.0						2,775.1
Less: current maturities						77.2						73.3
Total long-term debt						$	2,793.8					$	2,701.8

(1)Includes unamortized fair value discount of $1.6 million as of March 31, 2024 and December 31, 2023, respectively.

As of March 31, 2024, the Company's availability on its Revolver was $607.3 million (including letters of credit of $9.5 million). The increase in outstanding borrowings on the Revolver, was primarily due to the timing of acquisitions completed during the first quarter of 2024.

See Note 10. "Subsequent Events" for additional information related to the Company's debt obligations.

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- Definition

The entire disclosure for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//470/tableOfContent

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