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INDEBTEDNESS (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The following table summarizes the Company's long-term debt as of the dates presented (in millions):
December 31,
Maturities20202019
Revolving credit facilityAugust 2024$61.0 $138.5 
U.S. term loan2021 - 2024196.2 228.1 
Multi-currency term loans2021 - 202456.0 83.7 
Total long-term debt313.2 450.3 
Less: Current maturities of long-term debt14.6 17.1 
Less: Unamortized debt issuance costs3.4 4.3 
Long-term debt, net$295.2 $428.9 
Schedule of Revolving Credit Facilities
The commitments and available borrowing capacity under the Revolver were as follows as of the dates presented:
CommitmentsOutstanding BorrowingsLetter of Credit Outstanding
Borrowing Capacity (1)
December 31, 2020$400.0 $61.0 $5.1 $333.9 
December 31, 2019$400.0 $138.5 $5.1 $256.4 
(1)The Company's actual borrowing availability under the Revolver as of December 31, 2020 is constrained by certain financial covenants.
Schedule of Aggregate Maturities of Long-term Debt
As of December 31, 2020, the Company's contractual maturities of its debt are as follows (in millions):
2021$14.6 
202214.6 
202314.6 
2024269.4 
Total$313.2