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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The Company's debt consists of the following (in millions):
Weighted Average Effective Interest Rate at June 30, 2022
Weighted Average Stated Interest Rate at June 30, 2022
Fixed or Floating Interest RateMaturityJune 30,
2022
December 31,
2021
Senior Notes
2027 Notes5.61%5.50%Fixed2027$1,200.0 $1,200.0 
Other Debt
ABL Credit FacilityN/A2.65%Floating20241,016.1 456.0 
AR FacilityN/A2.18%Floating2022250.0 225.0 
Finance lease liabilities2.89%N/AFixed2022-202953.9 52.6 
Unamortized Debt Issuance Costs(a)
(5.7)(6.1)
Total debt2,514.3 1,927.5 
Less: Current maturities of long-term debt(11.0)(11.4)
Long-term debt, net$2,503.3 $1,916.1 
(a)    Unamortized debt issuance costs totaling $4.1 million and $5.0 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of June 30, 2022 and December 31, 2021, respectively, and are included in "Other long-term assets" in the condensed consolidated balance sheets.
Borrowing Capacity and Availability on Line of Credit
After outstanding borrowings, the following was available to the Company under the ABL Credit Facility and AR Facility as of June 30, 2022 (in millions):
Remaining
Capacity
Availability Under
Borrowing Base
Limitation
ABL Credit Facility$709.1 $709.1 
AR Facility— — 
Total $709.1 $709.1