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Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments

Debt as of September 30, 2021 and December 31, 2020 was as follows:

 

 

 

Weighted

Average

Interest Rate

 

 

Maturity

 

September 30,

2021

 

 

December 31,

2020

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Loan

 

 

2.56

%

 

2024

 

$

4.6

 

 

$

12.2

 

Revolving Credit Facility

 

 

2.56

%

 

2024

 

 

308.9

 

 

 

272.0

 

Senior Notes due 2025

 

 

6.00

%

 

2025

 

 

500.0

 

 

 

500.0

 

Debt

 

 

 

 

 

 

 

 

813.5

 

 

 

784.2

 

Less short-term debt and current maturities of

   long-term debt

 

 

 

 

 

 

 

 

4.6

 

 

 

10.1

 

Less unamortized debt issuance costs

 

 

 

 

 

 

 

 

6.3

 

 

 

8.3

 

Long-term debt

 

 

 

 

 

 

 

$

802.6

 

 

$

765.8