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DEBT (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Components of Long-Term Debt
The table below details the Company's debt balances, net of discounts and debt issuance costs.
September 30,December 31,
20212020
Amended 2016 Revolving Credit Facility (Tranche A) due 2024
$134.5 $136.7 
SISO Term Loan Facility due 2024125.8 — 
2021 Foreign Asset-Based Term Facility due 202470.7 — 
2020 ABL FILO Term Loans due 202350.0 50.0 
2020 Troubled-debt-restructuring: future interest46.2 57.8 
2020 BrandCo Term Loan Facility due 20251,742.9 1,719.8 
2016 Term Loan Facility: 2016 Term Loan due 2023 and 2025869.2 874.8 
2018 Foreign Asset-Based Term Facility due 2021— 57.7 
6.25% Senior Notes due 2024
426.5 425.4 
Spanish Government Loan due 20250.3 0.3 
Debt$3,466.1 $3,322.5 
Less current portion(163.8)(217.5)
Long-term debt$3,302.3 $3,105.0 
Short-term borrowings (*)
$0.6 $2.5 
(*)The weighted average interest rate on these short-term borrowings outstanding at September 30, 2021 and December 31, 2020 was 11.4% and 11.7%, respectively.
Schedule of Line of Credit Facilities At September 30, 2021, the aggregate principal amounts outstanding and availability under Products Corporation’s various revolving credit facilities were as follows:             
CommitmentBorrowing BaseAggregate principal amount outstanding at September 30, 2021
Availability at September 30, 2021 (a)
Tranche A Revolving Credit Facility$270.0 $189.4 $136.2 $53.2 
SISO Term Loan Facility130.0 130.0 130.0 — 
2020 ABL FILO Term Loans50.0 40.6 $50.0 $— 
(a) Availability as of September 30, 2021 is based upon the Tranche A Revolving borrowing base then in effect under Amendment No.8 to the Amended 2016 Revolving Credit Facility of $189.4 million (which includes a $9.4 million reserve for the shortfall of the borrowing base that supports the 2020 ABL FILO Term Loans compared to the corresponding aggregate principal amount outstanding of $50 million), less $136.2 million then drawn.