Debt (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of long term debt

Debt for the Company consists of the following:

	March 31, 2018				December 31, 2017
(in millions, except percentages)	Amount			Rate	Amount			Rate	Maturity Date
2016 Credit Agreement
Term A Facility	$	547.5		(1)	$	555.0		(2)	April 6, 2021
Revolver	1.0			(1)	—			(2)	April 6, 2021
2026 Senior Notes	600.0			5.500%	600.0			5.500%	June 15, 2026
2023 Senior Notes	450.0			5.625%	450.0			5.625%	October 15, 2023
Securitized debt	85.0			(3)	49.0			(3)	April 12, 2019
Capital lease obligations (4)	70.5				71.8				Various
Other	29.8				36.7				Various
Total debt	1,783.8				1,762.5
Less: deferred financing costs	(10.6		)		(9.4		)
Total debt, net	1,773.2				1,753.1
Less: current portion	(65.6		)		(72.4		)
Total long-term debt, net	$	1,707.6			$	1,680.7

(1)	Interest at LIBOR plus applicable margin of 1.75% as of March 31, 2018
(2)	Interest at LIBOR plus applicable margin of 1.75% as of December 31, 2017.
(3)	Interest at one month LIBOR index plus 80 basis points.
(4)	Capital lease obligations are a non-cash financing activity.

Fair value of financial instruments

The fair values of these material financial instruments are as follows:

	Fair Value
(in millions)	March 31, 2018		December 31, 2017
2023 Senior Notes	$	453.6	$	470.9
2026 Senior Notes	582.3		618.1