Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Outstanding Debt Presented Net of Unamortized debt Issuance Costs and Other Financing Arrangements

The following table summarizes all outstanding debt (presented net of unamortized debt issuance costs) and other financing arrangements (in millions):

	March 31,			December 31,			March 31,
	2022			2021			2021
Revolving Lines of Credit
2026 ABL:
2026 U.S. Revolver1		145.6			—			—
2026 Canada Revolver		—			—			—
Borrowings under revolving lines of credit, net	$	145.6		$	—		$	—
Long-term Debt, net
Term Loan:
2025 Term Loan2	$	—		$	—		$	505.6
2028 Term Loan3		977.9			979.8			—
Current portion		(10.0	)		(10.0	)		(9.7	)
Long-term borrowings under term loan		967.9			969.8			495.9
Senior Notes:
2025 Senior Notes4		—			—			1,287.2
2026 Senior Notes5		296.9			296.8			296.2
2029 Senior Notes6		346.4			346.3			—
Long-term borrowings under senior notes		643.3			643.1			1,583.4
Long-term debt, net	$	1,611.2		$	1,612.9		$	2,079.3
Equipment Financing Facilities, net
Equipment financing facilities7	$	—		$	—		$	1.0
Current portion		—			—			(1.0	)
Long-term obligations under equipment financing, net	$	—		$	—		$	—

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1.Effective rate on borrowings of 2.51% as of March 31, 2022.

2.Interest rate of 2.36% as of March 31, 2021.

3.Interest rate of 2.46% as of March 31, 2022 and December 31, 2021.

4.Interest rate of 4.875% as of March 31, 2021.

5.Interest rate of 4.50% for all periods presented.

6.Interest rate of 4.125% as of March 31, 2022 and December 31, 2021.

7.Fixed interest rates ranging from 2.33% to 2.89% as of March 31, 2021.