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Financial instruments and fair value measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of gross amounts and fair values of debt instruments
The following table presents the gross amounts, which exclude unamortized deferred financing costs, and the fair values of debt instruments:
(in millions)
December 31, 2021December 31, 2020
Gross amountFair valueGross amountFair value
Receivables facility$— $— $— $— 
Senior secured credit facilities:
Euro term loans133.9 133.7 344.8 346.5 
Euro term loans367.9 367.7 — — 
Euro term loans684.9 683.6 — — 
U.S. dollar term loans229.3 224.9 546.7 548.1 
U.S. dollar term loans2,063.9 2,029.1 1,175.0 1,178.7 
2.625% secured notes739.6 758.2 795.0 815.7 
3.875% unsecured notes800.0 810.9 — — 
3.875% unsecured notes455.1 475.3 489.2 515.0 
4.625 % unsecured notes1,550.0 1,629.8 1,550.0 1,648.7 
Finance lease liabilities71.2 71.2 71.5 71.5 
Other17.4 17.4 — — 
Total$7,113.2 $7,201.8 $4,972.2 $5,124.2 
The fair values of debt instruments are based on standard pricing models that take into account the present value of future cash flows, and in some cases private trading data, which are level 2 measurements.
Schedule of changes to contingent consideration liabilities The following table presents changes to contingent consideration liabilities:
(in millions)
Year ended December 31,
20212020
Beginning balance$— $— 
Acquisitions6.1 — 
Changes to estimated fair value— — 
Cash payments— — 
Currency translation(0.4)— 
Ending balance$5.7 $—