INDEBTEDNESS (Tables)

9 Months Ended

Sep. 30, 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):

	September 30, 2020		December 31, 2019
Revolving credit facility	$	59.0	$	138.5
U.S. term loans	199.0		228.1
Multi-currency term loans	54.2		83.7
Total long-term debt	312.2		450.3
Less: Current maturities of long-term debt	14.5		17.1
Less: Unamortized debt issuance costs	3.7		4.3
Long-term debt, net	$	294.0	$	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):

	Commitments		Outstanding Borrowings		Letters of Credit Outstanding		Borrowing Capacity
September 30, 2020	$	400.0	$	59.0	$	5.1	$	335.9
December 31, 2019	$	400.0	$	138.5	$	5.1	$	256.4