Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt consisted of the following:


(In millions, except %)		December 31, 2020			March 31, 2021
Debt Instrument	Maturity Date	Interest Rate(1)	Amount		Interest Rate(1)	Amount
Prior Term Loan Facility	November 3, 2023	4.00%	$	2,795.6	—%	$	—
Term Loan Facility	February 15, 2028	—%	—		3.50%	2,300.0
Revolving Credit Facility	August 7, 2025	—%	—		—%	—
3.50% Senior Secured Notes	February 15, 2028	—%	—		3.50%	550.0
5.375% Senior Notes	December 1, 2028	5.375%	550.0		5.375%	550.0
Receivables Financing Facility	July 19, 2022	2.37%	65.0		2.60%	50.0
Less: unamortized debt issuance costs			(44.2)			(40.3)
Less: unamortized debt discount			(3.7)			(14.0)
Total debt			3,362.7			3,395.7
Less: current portion of debt			(43.4)			(27.0)
Debt, excluding current portion			$	3,319.3		$	3,368.7

(1) Interest rates are as of each respective balance sheet date.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details