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INDEBTEDNESS (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Summary of Long-term Debt
The following table summarizes the Company’s long-term debt as of the dates presented (in millions):
March 31, 2020December 31, 2019
Revolving credit facility$304.5  $138.5  
U.S. term loans225.0  228.1  
Multi-currency term loans80.8  83.7  
Total long-term debt610.3  450.3  
Less: Current maturities of long-term debt17.0  17.1  
Less: Unamortized debt issuance costs4.0  4.3  
Long-term debt, net$589.3  $428.9  
Schedule of Revolving Credit Facility
The commitments and available borrowing capacity under the revolving credit facility (the “Revolver”) were as follows as of the dates presented (in millions):
CommitmentsOutstanding BorrowingsLetters of Credit OutstandingBorrowing Capacity
March 31, 2020$400.0  $304.5  $5.1  $90.4  
December 31, 2019$400.0  $138.5  $5.1  $256.4