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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The Company's debt consists of the following (in millions):
Weighted Average Effective Interest Rate at December 31, 2022
Weighted Average Stated Interest Rate at December 31, 2022
Fixed or Floating Interest RateMaturityDecember 31,
2022
December 31,
2021
Senior Notes
2027 Notes5.61%5.50%Fixed2027$1,200.0 $1,200.0 
Other Debt
ABL Credit FacilityN/A5.88%Floating20271,339.7 456.0 
AR FacilityN/A5.04%Floating2023335.0 225.0 
Finance lease liabilities3.35%N/AFixed2023-203064.5 52.6 
Unamortized Debt Issuance Costs(a)
(5.2)(6.1)
Total debt2,934.0 1,927.5 
Less: Current maturities of long-term debt(12.1)(11.4)
Long-term debt, net$2,921.9 $1,916.1 
(a)    Unamortized debt issuance costs totaling $10.4 million and $5.0 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2022 and December 31, 2021, respectively, are included in "Other long-term assets" in the consolidated balance sheets.
Schedule of Nominal Principal Amounts of Maturities of Debt
The nominal principal amounts of maturities of debt for each of the periods ending December 31 are as follows (in millions):
2023$12.1 
202411.7 
202511.9 
202610.9 
20272,881.4 
After 202711.2 
Total$2,939.2 
Schedule of 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 December 31, 2022 (in millions):
Remaining
Capacity
Availability Under
Borrowing Base
Limitation
ABL Credit Facility$2,134.5 $1,575.3 
AR Facility— — 
Total $2,134.5 $1,575.3