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Financial Derivatives (Tables)
 6 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Combined Fair Values, Net of Tax of Interest Rate Derivative Instruments
The Company records any differences paid or received on its interest rate hedges to interest expense, financing costs and other within the condensed consolidated statements of operations. The following table summarizes the combined fair values, net of tax, of the interest rate derivative instruments (in millions):
Net Assets (Liabilities) as of
June 30,December 31,June 30,
InstrumentFair Value Hierarchy202220212021
Designated interest rate swaps1
Level 2$6.3 $(4.1)$(8.9)
1.Assets are included in the condensed consolidated balance sheets in prepaid expenses and other current assets, while liabilities are included in accrued expenses.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the amounts of gain (loss) on the interest rate derivative instruments recognized in other comprehensive income (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
Instrument2022202120222021
Designated interest rate swaps$2.6 $1.0 $10.4 $4.3