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Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt The following table sets forth the face values of our outstanding debt as of December 31, 2019 and 2018 (in thousands):
   December 31,
 RateMaturity20192018
Senior secured credit facilities:
Term Loan A
L + 2.25%
July 2022$484,500  $527,250  
Term Loan B
L + 2.00%
February 20241,843,427  1,862,237  
Revolver, $400 million
L + 2.00%
July 2022—  —  
5.375% senior secured notes due 20235.375%  April 2023530,000  530,000  
5.25% senior secured notes due 20235.25%  November 2023500,000  500,000  
Finance lease obligations5,882  12,368  
Face value of total debt outstanding3,363,809  3,431,855  
Less current portion of debt outstanding(81,614) (68,435) 
Face value of long-term debt outstanding$3,282,195  $3,363,420  
Schedule of Debt Interest Rate Margin
 Eurocurrency borrowingsBase rate borrowings
 
Applicable Margin(1)(2)
Applicable Margin
Term Loan A2.25%  1.00%  
Term Loan B2.00%  1.00%  
Revolver, $400 million
2.00%  1.00%  
_____________________________
(1)Applicable margins do not reflect potential step ups and downs of Term Loan A and Revolver, $400 million, which are determined by the Senior Secured Leverage Ratio. See below for additional information.
(2)Term Loan A, Term Loan B, and Revolver, $400 million, are subject to a 0% floor.
Schedule of Effective Interest Rates
Our effective interest rates on borrowings under the Amended and Restated Credit Agreement for the years ended December 31, 2019, 2018 and 2017, inclusive of amounts charged to interest expense, are as follows:
 Year Ended December 31,
 201920182017
Including the impact of interest rate swaps4.64 %4.57 %4.35 %
Excluding the impact of interest rate swaps4.63 %4.36 %4.03 %
Aggregate Maturities of Long-Term Debt
As of December 31, 2019, aggregate maturities of our long-term debt were as follows (in thousands):
 Amount
Years Ending December 31, 
2020$81,614  
202175,870  
2022389,323  
20231,048,817  
20241,768,185  
Thereafter—  
Total$3,363,809