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Notes Payable and Indebtedness (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Borrowings Our borrowings are summarized in the following table:
At December 31, 2022At December 31, 2021
MaturityPrincipal amountDebt issuance costs and discount*Carrying valuePrincipal amountDebt issuance costs and discount*Carrying value
Debt maturing within one year:
2026 Term loan (1)
February 8, 2026$28.1 $— $28.1 $28.1 $— $28.1 
2029 Term Loan (1)
January 18, 20294.6 — 4.6 — — — 
Total short-term debt$32.7 $— $32.7 $28.1 $— $28.1 
Debt maturing after one year:
2026 Term loan (1)
February 8, 2026$2,651.7 $49.2 $2,602.5 $2,754.8 $64.5 $2,690.3 
2029 Term Loan (1)
January 18, 2029451.9 6.5 445.4 — — — 
Revolving facility (1) (2)
September 11, 202550.3 — 50.3 160.0 — 160.0 
5.000% Senior unsecured notes (1)
December 15, 2029460.0 6.0 454.0 460.0 6.8 453.2 
6.875% Senior secured notes (1)
Fully paid off in January 2022— — — 420.0 6.8 413.2 
Total long-term debt$3,613.9 $61.7 $3,552.2 $3,794.8 $78.1 $3,716.7 
Total debt$3,646.6 $61.7 $3,584.9 $3,822.9 $78.1 $3,744.8 
*Represents the unamortized portion of debt issuance costs and discounts.
(1) The 5.000% Senior Unsecured Notes, the 6.875% Senior Secured Notes and the Senior Secured Credit Facilities contain certain covenants that limit our ability to incur additional indebtedness and guarantee indebtedness, create liens, engage in mergers or acquisitions, sell, transfer or otherwise dispose of assets, pay dividends and distributions or repurchase capital stock, prepay certain indebtedness and make investments, loans and advances. We were in compliance with these non-financial covenants at December 31, 2022 and December 31, 2021.
(2) The Revolving Facility contains a springing financial covenant requiring compliance with a maximum ratio of first lien net indebtedness to consolidated EBITDA of 6.75. The financial covenant applies only if the aggregate principal amount of borrowings under the Revolving Facility and certain outstanding letters of credit exceeds 35% of the total amount of commitments under the Revolving Facility on the last day of any fiscal quarter. The financial covenant did not apply at December 31, 2022 and December 31, 2021.
Schedule of Maturities of Debt Below table sets forth the scheduled maturities and interest payments for our total debt outstanding as of December 31, 2022:
2023 2024202520262027ThereafterTotal
Debt principal outstanding as of December 31, 2022$32.7 $32.7  $83.0  $2,600.1 $4.6 $893.5 $3,646.6 
Interest associated with debt outstanding as of December 31, 2022 265.3 262.8 259.2 77.5 56.2 80.4 1,001.4 
Total debt and interest$298.0 $295.5 $342.2 $2,677.6 $60.8 $973.9 $4,648.0