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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Summary of Debt The following table is a summary of the Company’s debt:
December 31, 2022December 31, 2021
TypeMaturityEffective
Interest
Rate
Carrying
Value
Effective
Interest
Rate
Carrying
Value
Senior Notes20294.875 %$921.4 4.875 %$921.4 
Senior Secured Notes20283.875 %921.2 3.875 %921.2 
Revolving Credit Facility20277.234 %— 3.359 %175.0 
Term Loan Facility 20267.384 %2,497.4 3.860 %2,818.8 
Senior Secured Notes20264.500 %700.0 4.500 %700.0 
Finance lease(1)
20366.936 %31.3 3.800 %30.8 
Total debt outstanding5,071.3 5,567.2 
Debt issuance costs(36.8)(47.1)
Term Loan Facility (2026), Senior Notes (2029), Senior Secured Notes (2028), discounts(28.5)(33.2)
Current portion of long-term debt(1.0)(30.6)
Long-term debt$5,005.0 $5,456.3 
(1) See Note 6 - Leases for additional information.
Debt Instrument Redemption
Redemption Price
(as a percentage of principal)
Period
Senior Secured Notes (2028)
Senior Notes (2029)
2024
101.938 %102.438 %
2025
100.969 %101.219 %
2026 and thereafter
100.000 %100.000 %
PeriodRedemption Price
(as a percentage of principal)
2023101.125 %
2024 and thereafter100.000 %
Schedule of Maturities of Outstanding Borrowings
Amounts due under all of the Company's outstanding borrowings as of December 31, 2022, for the next five years are as follows:
2023$1.0 
20241.2 
20251.3 
20263,198.8 
20271.7 
Thereafter1,867.3 
Total maturities5,071.3 
Less: capitalized debt issuance costs and original issue discount(65.3)
Total, including the current portion of long-term debt, as of December 31, 2022
$5,006.0