XML 95 R77.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt and Credit Arrangements - Summary of Outstanding Borrowings (Details)
€ in Millions
12 Months Ended
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2023
EUR (€)
Oct. 02, 2023
USD ($)
Mar. 17, 2023
USD ($)
Dec. 31, 2022
EUR (€)
Dec. 22, 2022
USD ($)
Nov. 21, 2022
USD ($)
Nov. 06, 2017
USD ($)
Debt Instrument                      
Unamortized discount   $ (26,900,000) $ (29,900,000)                
Unamortized debt issuance costs   (32,900,000) (4,800,000)                
Senior secured and senior unsecured notes, net of unamortized discount and debt issuance costs   3,963,900,000                  
Total debt, net of unamortized debt issuance costs   3,834,900,000 2,296,700,000                
Less: current maturities   258,500,000 256,900,000                
Long-term debt   3,576,400,000 2,039,800,000                
Borrowings on credit facilities   1,895,100,000 635,300,000 $ 1,361,100,000              
Gain (loss), foreign currency transaction, before tax   (4,100,000) (800,000) $ 900,000              
Senior Secured And Unsecured Notes                      
Debt Instrument                      
Senior secured and senior unsecured notes, net of unamortized discount and debt issuance costs   1,910,200,000 1,935,300,000                
Senior secured notes due 2030 | Secured Debt                      
Debt Instrument                      
Debt instrument, face amount   $ 1,460,000,000 1,460,000,000           $ 1,460,000,000    
Debt instrument stated interest rate (percent)   7.50%     7.50%       7.50%    
Senior unsecured notes due 2031 | Unsecured Debt                      
Debt Instrument                      
Debt instrument, face amount   $ 510,000,000.0 510,000,000.0           $ 510,000,000.0    
Debt instrument stated interest rate (percent)   9.50%     9.50%       9.50%    
Convertible notes due November 2024 | Convertible Debt                      
Debt Instrument                      
Debt instrument, face amount   $ 258,700,000 258,800,000               $ 258,800,000
Unamortized debt issuance costs   (900,000) (1,900,000)                
Convertible notes due November 2024, net of unamortized debt issuance costs   $ 257,800,000 $ 256,900,000                
Debt instrument stated interest rate (percent)   1.00% 1.50%   1.00%     1.50%     1.00%
Debt Assumed In Howden Acquisition                      
Debt Instrument                      
Less: current maturities   $ 1,400,000 $ 0                
Other Debt Facilities                      
Debt Instrument                      
Less: current maturities   600,000                  
Revolving Credit Facility                      
Debt Instrument                      
Unamortized discount   (35,800,000) 0                
Unamortized debt issuance costs   (32,500,000) 0                
Senior secured and senior unsecured notes, net of unamortized discount and debt issuance costs   1,665,500,000 104,500,000                
Revolving Credit Facility | Senior Secured Revolving Credit Facility due October 2026                      
Debt Instrument                      
Debt instrument, face amount             $ 1,534,800,000        
Unamortized debt issuance costs   $ (6,400,000) $ (8,400,000)                
Debt instrument stated interest rate (percent)   6.20% 3.40%   6.20%     3.40%      
Letter of credit outstanding   $ 272,000,000.0                  
Line of credit remaining borrowing amount   625,200,000                  
Revolving Credit Facility | Euro Demoninated Senior Secured Revolving Credit Facility 2024 Credit Facilities                      
Debt Instrument                      
Long term debt   97,800,000 $ 104,500,000   € 88.5     € 98.0      
Gain (loss), foreign currency transaction, before tax   3,200,000 (3,700,000)                
Revolving Credit Facility | Term Loan Due 2030                      
Debt Instrument                      
Debt instrument, face amount   1,631,000,000                  
Unamortized discount   (35,800,000)               $ (38,900,000)  
Unamortized debt issuance costs   (32,500,000)               $ (37,200,000)  
Total debt, net of unamortized debt issuance costs           $ 1,781,000,000          
Revolving Credit Facility | Term Loan Due 2030 | Term Loan                      
Debt Instrument                      
Debt instrument, face amount   $ 1,631,000,000 0                
Debt instrument stated interest rate (percent)   8.70%     8.70%            
Borrowings on credit facilities $ 250,000,000.0                    
Revolving Credit Facility | Senior Secured Revolving Credit Facilities Due October 2026 | Secured Debt                      
Debt Instrument                      
Debt instrument, face amount   $ 102,800,000 $ 104,500,000