Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Components of Debt

Debt consists of the following instruments:

As of March 31, 2020 (in millions)	Principal Amount		Unamortized discount and debt issuance cost		Net Debt		Weighted average interest rate
Senior secured revolving credit facility due 2022	$	—	$	—	$	—	—	%
Senior secured term loan due 2026	622.9		9.3		613.6		3.35	%
5.25% senior notes due 2023	600.0		3.4		596.6		5.25	%
Other Debt	17.7		—		17.7
Total Debt	1,240.6		12.7		1,227.9
Less short-term and current portion of long-term debt	18.2		—		18.2
Total long-term debt, net of current portion	$	1,222.4	$	12.7	$	1,209.7

As of December 31, 2019 (in millions)	Principal Amount		Unamortized discount and debt issuance cost		Net Debt		Weighted average interest rate
Senior secured revolving credit facility due 2022	$	—	$	—	$	—	3.90	%
Senior secured term loan due 2026	624.5		9.8		614.7		4.01	%
5.25% senior notes due 2023	600.0		3.7		596.3		5.25	%
Other Debt	18.3		—		18.3
Total Debt	1,242.8		13.5		1,229.3
Less short-term and current portion of long-term debt	18.4		—		18.4
Total long-term debt, net of current portion	$	1,224.4	$	13.5	$	1,210.9