Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt consists of the following (in millions):

	As of
	June 30, 2018			December 31, 2017
Term Loan Facility (due February 17, 2024)	$	6,356.5		$	6,388.7
2017 4.25% Senior Notes (due May 15, 2024)	1,500.0			1,500.0
2015 4.625% Senior Notes (due January 15, 2022)	1,250.0			1,250.0
2017 5.00% Senior Notes (due October 15, 2025)	2,800.0			2,800.0
Other	82.3			89.1
Less: unamortized deferred financing costs and deferred issue discount	(156.0		)	(170.1		)
Total debt, net	11,832.8			11,857.7
Less: current maturities of debt	(56.8		)	(56.8		)
Total long-term debt	$	11,776.0		$	11,800.9

Schedule of Interest Expense, Net

Interest expense, net consists of the following (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Debt (a)	$	120.8		$	118.9		$	250.2		$	218.9
Capital lease obligations	5.4			5.0			11.5			10.0
Amortization of deferred financing costs and debt issuance discount	7.3			8.2			14.5			16.7
Interest income	(3.7		)	(4.1		)	(6.3		)	(6.2		)
Interest expense, net	$	129.8		$	128.0		$	269.9		$	239.4

(a) Amount includes $19.9 million and $23.5 million benefit during the three and six months ended June 30, 2018 from our adoption of a new hedge accounting standard. See Note 3, New Accounting Pronouncements, for further details of the effects of this change in accounting principle on Interest expense, net.