Borrowing Arrangements (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Borrowings

Long-term borrowings, as of December 31, 2021 and 2020, in order of preference, were as follows:

		Amount Outstanding
		December 31,
(millions)	Maturity Date	2021			2020
Senior Credit Facility, net of original discount on borrowings (1)	November 30, 2023	$	301.6		$	332.3
Other borrowings (2)	Various		23.9			31.5
Deferred financing costs			(1.5	)		(1.7	)
Total obligations			324.0			362.1
Less: Current portion of long-term borrowings			25.6			25.0
Total long-term obligations, excluding current portion		$	298.4		$	337.1

(1) Includes discount on borrowings of $0.5 million and $0.9 million as of December 31, 2021 and 2020, respectively.

(2) Includes finance lease liabilities of $20.7 million and $28.3 million as of December 31, 2021 and 2020, respectively. See Note 2. Leases for further discussion.

Schedule of Future Maturities of Debt Including Capitalized Leases

At December 31, 2021, the future maturities of debt, including capitalized leases, were as follows:

(millions)
2022	$	26.7
2023		290.1
2024		3.2
2025		1.5
2026		0.9
Thereafter		3.6
Total	$	326.0

Schedule of Interest Rate Collars

Summarized information about the Company’s interest rate collars was as follows:

Interest Rate Collars
December 31, 2021
		Interest Rate Parameters
(millions)	Maturity Date	Notional Amount		LIBOR Ceiling			LIBOR Floor
Collar 1	April 2022	$	74.1		2.5	%		1.2	%
Collar 2	April 2022		74.1		2.5	%		1.3	%
Collar 3	April 2022		74.1		2.5	%		1.4	%
Total		$	222.3