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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of Long-Term Debt and Related Weighted Average Interest Rates
A summary of long-term debt, net of unamortized debt issuance costs and unamortized original issue premium (discount) and the related weighted average interest rates is shown below (in millions):
December 31,2020
Debt InstrumentLong-Term DebtUnamortized Debt Issuance CostsUnamortized Original Issue Premium (Discount)Long-Term
Debt, Net
Weighted
Average
Interest
Rate
Credit Agreement — Term Loan Facility$220.3 $(0.6)$— $219.7 1.36%
3.8% Senior Notes due 2027 (the "2027 Notes")
750.0 (4.1)(3.5)742.4 3.885%
4.25% Senior Notes due 2029 (the "2029 Notes")
375.0 (2.6)(1.0)371.4 4.288%
3.5% Senior Notes due 2030 (the "2030 Notes")
350.0 (2.6)(0.7)346.7 3.525%
5.25% Senior Notes due 2049 (the "2049 Notes")
625.0 (6.3)14.2 632.9 5.103%
Other1.4 — — 1.4 N/A
$2,321.7 $(16.2)$9.0 2,314.5 
Less — Current portion(14.2)
Long-term debt$2,300.3 
December 31,2019
Debt InstrumentLong-Term DebtUnamortized Debt Issuance CostsUnamortized Original Issue DiscountLong-Term
Debt, Net
Weighted
Average
Interest
Rate
Credit Agreement — Term Loan Facility$234.4 $(1.0)$— $233.4 2.880%
5.25% Senior Notes due 2025 (the "2025 Notes")
650.0 (4.2)— 645.8 5.250%
2027 Notes750.0 (4.7)(4.1)741.2 3.885%
2029 Notes375.0 (2.9)(1.1)371.0 4.288%
2049 Notes325.0 (3.3)(5.3)316.4 5.363%
$2,334.4 $(16.1)$(10.5)2,307.8 
Less — Current portion(14.1)
Long-term debt$2,293.7 
Senior Notes
The issuance, maturity and interest payment dates of the Company's senior unsecured 2027 Notes, 2029 Notes, 2030 Notes and 2049 Notes (collectively, the "Notes") are as shown below:
NoteIssuance DateMaturity DateInterest Payment Dates
2027 NotesAugust 2017September 15, 2027March 15 and September 15
2029 NotesMay 2019May 15, 2029May 15 and November 15
2030 NotesFebruary 2020May 30, 2030May 30 and November 30
2049 NotesMay 2019 and February 2020May 15, 2049May 15 and November 15
Credit Agreement Interest Rate Ranges As of December 31, 2020, the ranges and rates are as follows (in percentages):
Eurocurrency RateBase Rate
MinimumMaximumRate as of
December 31, 2020
MinimumMaximumRate as of
December 31,
2020
Revolving Credit Facility1.00 %1.60 %1.10 %0.00 %0.60 %0.10 %
Term Loan Facility1.125 %1.90 %1.25 %0.125 %0.90 %0.25 %
Schedule of Maturities of Long-term Debt
As of December 31, 2020, scheduled maturities related to the Credit Agreement — Term Loan Facility for the five succeeding years are shown below (in millions):
2021$14.1 
2022206.2 
2023— 
2024— 
2025—