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Fair Value Measurements
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets and Liabilities Recorded 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 2Level 3Total
Fair Value
Assets
Interest rate swap asset - current$2.5 $— $2.5 
Interest rate swap asset - non-current50.4 — 50.4 
Total$52.9 $— $52.9 
Liabilities
Warrant liability$— $25.1 $25.1 
CPA Global Equity Plan liability - current7.9 — 7.9 
Forward currency contracts liability - current7.8 — 7.8 
Total$15.7 $25.1 $40.8 
December 31, 2021
Level 2Level 3Total Fair Value
Assets
Forward currency contracts asset - current$2.2 $— $2.2 
Interest rate swap asset - non-current2.0 — 2.0 
Total$4.2 $— $4.2 
Liabilities
Warrant liability$— $227.8 $227.8 
CPA Global Equity Plan liability - current152.4 — 152.4 
Forward currency contracts liability - current0.7 — 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 instruments21.0 
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 
There were no transfers of assets or liabilities between levels during the three and nine months ended September 30, 2022 and 2021.
Non-Financial Assets Valued on a Non-Recurring Basis
Right of Use Asset — The Company recorded a non-cash impairment charge to reduce the carrying value of operating lease right of use assets by $2.3 and $0.8 for the three months ended September 30, 2022 and 2021, respectively, and $8.5 and
$51.0 for the nine months ended September 30, 2022 and 2021, respectively. Additionally, the Company incurred $0.0 and $0.2 in lease termination fees for the three months ended September 30, 2022 and 2021, respectively, and $0.4 and $3.3 during the nine months ended September 30, 2022 and 2021, respectively. Fair value assumptions including sublease probabilities and the present value factor were used in the impairment calculation.