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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2022
Fair Value Disclosures [Abstract] |
Summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis | The following table provides a summary of the Company’s assets and liabilities that were recognized at fair value on a recurring basis as at September 30, 2022 and December 31, 2021:
|  |  | September 30, 2022
|  |  | Level 2 |  | Level 3 |  | Total Fair Value
Assets |  |  |  |  |  |  |
Interest rate swap asset - current |  |  | $ | 2.5 |  |  | $ | — |  |  | $ | 2.5 |
Interest rate swap asset - non-current |  |  | 50.4 |  |  | — |  |  | 50.4 |
Total |  |  | $ | 52.9 |  |  | $ | — |  |  | $ | 52.9 |
Liabilities |  |  |  |  |  |  |
Warrant liability |  |  | $ | — |  |  | $ | 25.1 |  |  | $ | 25.1 |
CPA Global Equity Plan liability - current |  |  | 7.9 |  |  | — |  |  | 7.9 |
Forward currency contracts liability - current |  |  | 7.8 |  |  | — |  |  | 7.8 |
Total |  |  | $ | 15.7 |  |  | $ | 25.1 |  |  | $ | 40.8 |
|  |  | December 31, 2021
|  |  | Level 2 |  | Level 3 |  | Total Fair Value
Assets |  |  |  |  |  |  |
Forward currency contracts asset - current |  |  | $ | 2.2 |  |  | $ | — |  |  | $ | 2.2 |
Interest rate swap asset - non-current |  |  | 2.0 |  |  | — |  |  | 2.0 |
Total |  |  | $ | 4.2 |  |  | $ | — |  |  | $ | 4.2 |
Liabilities |  |  |  |  |  |  |
Warrant liability |  |  | $ | — |  |  | $ | 227.8 |  |  | $ | 227.8 |
CPA Global Equity Plan liability - current |  |  | 152.4 |  |  | — |  |  | 152.4 |
Forward currency contracts liability - current |  |  | 0.7 |  |  | — |  |  | 0.7 |
Total |  |  | $ | 153.1 |  |  | $ | 227.8 |  |  | $ | 380.9 |
Private Placement Warrants - The following table summarizes the changes in the Private Placement Warrants liability for the three and nine months ended September 30, 2022 and 2021:
Balance at December 31, 2021 | $ | 227.8 |  |  |
Mark to market gain on financial instruments | (100.4) |  |  |
Exercise of Private Placement Warrants | — |  |  |
Balance at March 31, 2022 | $ | 127.4 |  |  |
Mark to market gain on financial instruments | (49.0) |  |  |
Exercise of Private Placement Warrants | — |  |  |
Balance at June 30, 2022 | $ | 78.4 |  |  |
Mark to market gain on financial instruments | (53.3) |  |  |
Exercise of Private Placement Warrants | — |  |  |
Balance at September 30, 2022 | $ | 25.1 |  |  |
Balance at December 31, 2020 | $ | 312.8 |  |  |
Mark to market gain on financial instruments | (51.2) |  |  |
Exercise of Private Placement Warrants | (3.6) |  |  |
Balance at March 31, 2021 | $ | 258.0 |  |  |
Mark to market loss on financial instruments | 21.0 |  |  |
Exercise of Private Placement Warrants | — |  |  |
Balance at June 30, 2021 | $ | 279.0 |  |  |
Mark to market gain on financial instruments | (83.0) |  |  |
Exercise of Private Placement Warrants | — |  |  |
Balance at September 30, 2021 | $ | 196.0 |  |  |

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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