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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Total Debt
Total debt, net of debt issuance costs, is summarized in the following table (in millions):
December 31,
20232022
Revolving facility - U.S. dollar borrowings$260.0 $191.0 
Term loan A facility84.3 192.0 
Term loan B facility160.5 344.8 
Delayed draw term loan273.2 641.9 
6.875% Senior unsecured notes due October 1, 2026, net of discount of $3.2 million and $4.3 million as of December 31, 2023 and 2022, respectively(1)
341.9 339.0 
German loan agreement9.0 10.7 
Debt issuance costs(24.3)(29.4)
Total debt1,104.6 1,690.0 
Less: Current debt(2.8)(33.6)
Long-term debt$1,101.8 $1,656.4 
(1) Amount includes a $4.9 million and $6.7 million decrease in the fair value as of December 31, 2023 and 2022, respectively, due to changes in benchmark interest rates related to the senior unsecured notes. Refer to Note 15. 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 December 31, 2023 (in millions):
2024$2.8 
20252.8 
2026344.6 
2027618.2 
2028160.5 
Thereafter— 
Total $1,128.9 
Schedule of Expected Future Amortization of the Company's Deferred Debt Issuance Costs
The following is the expected future amortization of the Company's deferred debt issuance costs as of December 31, 2023 (in millions):
2024$6.8 
20256.8 
20266.8 
20273.4 
20280.5 
Thereafter— 
Total$24.3