Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Components of Debt

Debt consists of the following instruments:

As of June 30, 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	621.2		8.7		612.5		2.81	%
5.25% senior notes due 2023	600.0		3.1		596.9		5.25	%
5.75% senior notes due 2025	650.0		8.9		641.1		5.75	%
Other Debt	17.2		—		17.2
Total Debt	1,888.4		20.7		1,867.7
Less short-term and current portion of long-term debt	18.0		—		18.0
Total long-term debt, net of current portion	$	1,870.4	$	20.7	$	1,849.7

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