Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt, Net of Current Maturities, Debt Discounts and Issuance Costs

The table below presents long-term debt, net of current maturities, debt discounts and issuance costs:

(in millions)	March 31, 2023		December 31, 2022
Senior Secured Credit Facilities:
Amended Revolving Credit Facility due 2027	$	—	$	—
Amended Term Loan A Facility due 2027	529.4		536.2
Amended Term Loan B Facility due 2029	992.5		995.0
5.625% Notes due 2027	400.0		400.0
4.125% Notes due 2029	400.0		400.0
2.75% Convertible Notes due 2026	330.5		330.5
Other long-term obligations	163.5		156.1
	2,815.9		2,817.8
Less: Current maturities of long-term debt	(56.2)		(56.2)
Less: Debt discounts	(4.4)		(4.6)
Less: Debt issuance costs	(33.9)		(35.7)
	$	2,721.4	$	2,721.3

Schedule of Maturities of Long-term Debt

The following is a schedule of future minimum repayments of long-term debt as of March 31, 2023 (in millions):

Years ending December 31:
2023 (excluding the three months ended March 31, 2023)	$	46.2
2024	47.6
2025	38.2
2026	494.9
2027	837.0
Thereafter	1,352.0
Total minimum payments	$	2,815.9

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)	March 31, 2023		December 31, 2022
Liability:
Principal	$	330.5	$	330.5
Unamortized debt issuance costs	(5.7)		(6.2)
Net carrying amount	$	324.8	$	324.3

Schedule of Interest Expense, Net

The table below presents interest expense, net:

	For the three months ended March 31,
(in millions)	2023		2022
Interest expense	$	113.8	$	161.6
Capitalized interest	(0.8)		(0.3)
Interest expense, net	$	113.0	$	161.3

The table below presents interest expense related to the Convertible Notes:

	For the three months ended March 31,
(in millions)	2023		2022
Coupon interest	$	2.3	$	2.3
Amortization of debt issuance costs	0.5		0.4
Convertible Notes interest expense	$	2.8	$	2.7