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Fair Value of Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of Valuation of Foreign Currency Exchange Contracts by Pricing Levels | The following table summarizes the valuation of our foreign currency forward contracts and interest rate hedge agreements (see Note 15) that are measured at fair value on a recurring basis and are classified within Level 2 of the fair value hierarchy as of the periods presented below (in millions):
|  |  |  |  | Level 2 Fair Value |  |
September 30, 2024 |  |  |  |  |  |  |
Foreign currency forward contracts—asset position |  |  |  |  | $ | 1.2 |  |  |
Foreign currency forward contracts—liability position |  |  |  |  | (5.3) |  |  |
Interest rate hedge agreements—asset position |  |  |  |  | 1.8 |  |  |
Interest rate hedge agreements—liability position |  |  |  |  | (3.4) |  |  |
|  |  |  |  | $ | (5.7) |  |  |
December 31, 2023 |  |  |  |  |  |  |
Foreign currency forward contracts—asset position |  |  |  |  | $ | 0.2 |  |  |
Foreign currency forward contracts—liability position |  |  |  |  | (4.5) |  |  |
Interest rate hedge agreements—asset position |  |  |  |  | 5.2 |  |
Interest rate hedge agreements—liability position |  |  |  |  | (2.6) |  |  |
|  |  |  |  | $ | (1.7) |  |  |
Schedule of Fair Value Relating to Financial Assets and Liabilities | The table below presents information about the fair value of our financial assets and liabilities, and is provided for comparative purposes only relative to the carrying values recognized in the condensed consolidated balance sheets as of the periods presented below (in millions):
|  |  | September 30, 2024 |  | December 31, 2023
| Measurement Level |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
2023 U.S. ABL Credit Facility | Level 2 |  | $ | 13.2 |  |  | $ | 13.2 |  |  | $ | 26.3 |  |  | $ | 26.3 |
2022 Japan ABL Credit Facility | Level 2 |  | $ | 27.8 |  |  | $ | 27.8 |  |  | $ | 28.4 |  |  | $ | 28.4 |
2023 Term Loan B | Level 2 |  | $ | 1,181.2 |  |  | $ | 1,191.5 |  |  | $ | 1,240.6 |  |  | $ | 1,242.2 |
Convertible Notes | Level 2 |  | $ | 258.3 |  |  | $ | 263.5 |  |  | $ | 258.3 |  |  | $ | 277.0 |
Equipment Notes | Level 2 |  | $ | 13.1 |  |  | $ | 11.9 |  |  | $ | 19.2 |  |  | $ | 17.0 |
Mortgage Loans | Level 2 |  | $ | 44.5 |  |  | $ | 53.5 |  |  | $ | 45.4 |  |  | $ | 54.8 |

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- Definition Tabular disclosure of the carrying value and fair value of financial instruments. + References No definition available. + Details
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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/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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