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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
As of June 30, 2022As of December 31, 2021
Maturity DateInterest RateAmountInterest RateAmount
Credit Facility
Senior unsecured revolving loan facilityDecember 2026Variable$110.8 Variable$316.4 
Term Loan
Senior unsecured term loan facilityDecember 2026Variable1,384.5 Variable1,420.0 
Unsecured Senior Notes
Senior notes due 2024December 20245.500 %575.0 5.500 %575.0 
Senior notes due 2025May 20254.125 %600.0 4.125 %600.0 
Senior notes due 2028April 20284.250 %600.0 4.250 %600.0 
Senior notes due 2029February 20293.250 %700.0 3.250 %700.0 
Senior notes due 2026December 20262.670 %1,000.0 2.670 %1,000.0 
Senior notes due 2028December 20283.276 %500.0 3.276 %500.0 
Senior notes due 2031December 20313.569 %1,000.0 3.569 %1,000.0 
Total unsecured senior notes4,975.0 4,975.0 
Receivable financing liability147.7 179.5 
Other long-term obligations10.8 13.6 
Unamortized deferred financing fees(41.9)(46.0)
Current maturities of long-term debt(105.5)(102.7)
Total long-term debt$6,481.4 $6,755.8 
Carrying Value of Long-Term Debt
The approximate fair values and related carrying values of the Company’s long-term debt, including current maturities and excluding unamortized discount and unamortized deferred financing costs, were as follows:
June 30, 2022December 31, 2021
Fair value$6,053.4 $6,996.0 
Carrying value6,628.8 6,904.5