XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Total Debt
Total debt, net of debt issuance costs, is summarized in the following table (in millions):
September 30,
2023		December 31,
2022
Revolving facility - U.S. dollar borrowings$266.0 $191.0 
Term loan A facility190.5 192.0 
Term loan B facility342.1 344.8 
Delayed draw term loan617.5 641.9 
6.875% Senior unsecured notes due October 1, 2026, net of discount of $3.5 million and $4.3 million at September 30, 2023 and December 31, 2022, respectively(1)
338.5 339.0 
German loan agreement9.9 10.7 
Debt issuance costs(26.0)(29.4)
Total debt1,738.5 1,690.0 
Less: Current debt(34.5)(33.6)
Total long-term debt$1,704.0 $1,656.4 
(1) Amount includes a $8.0 million and $6.7 million decrease in fair value as of September 30, 2023 and December 31, 2022, respectively, due to changes in benchmark interest rates related to the senior unsecured notes. Refer to Note 11. Derivatives for additional information on our interest rate swaps designated as a fair value hedge.
Schedule of Expected Maturities for the Company's Debt Obligations
The following is the expected maturities for the Company's debt obligations as of September 30, 2023 (in millions):
2023$10.8 
202440.6 
202540.6 
2026379.2 
2027966.0 
Thereafter327.3 
Total $1,764.5