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Debt, Interest Income, Expense, and Other Finance Costs (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Debt | Our outstanding debt consists of the following (in millions):
|  | September 30, 2023 |  | December 31, 2022
Credit Facility |  | $ | — |  |  | $ | 339.0 |
Term loan |  | 479.4 |  |  | 488.4 |
Notes (1) |  | 337.9 |  |  | — |
Finance leases |  | 16.0 |  |  | 15.4 |
Other (2) |  | 41.9 |  |  | 2.9 |
Total debt |  | 875.3 |  |  | 845.7 |
Less: Current maturities of long-term debt and finance leases (2) |  | 63.0 |  |  | 15.8 |
Long-term debt |  | $ | 812.3 |  |  | $ | 829.9 |
(1)The conversion feature discussed above did not require separate accounting. As a result a liability was recognized for the aggregate principal net of issuance costs. As of September 30, 2023 the net carrying amount of the Convertible Notes includes the aggregate principal amount of $350.0 million, net of unamortized debt issuance costs of $12.1 million. As of September 30, 2023, the fair value of the Convertible Notes is estimated to be approximately $346.0 million using the Level 2 observable input of quoted market prices in an inactive market on the last business day of the period. (2)Includes secured borrowings of $39.1 million (EUR 37.0 million) as of September 30, 2023 for the transfer of tax receivables.
Schedule of Interest Expense and Other Financing Costs, Net | The following table provides additional information about our Interest income (expense), and other financing costs, net (in millions):
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Interest income |  | $ | 3.0 |  |  | $ | 0.8 |  |  | $ | 7.0 |  |  | $ | 4.6 |
Interest expense and other financing costs |  | (31.6) |  |  | (34.7) |  |  | (102.3) |  |  | (79.4) |
Interest expense and other financing costs, net |  | $ | (28.6) |  |  | $ | (34.0) |  |  | $ | (95.4) |  |  | $ | (74.8) |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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