XML 41 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Senior Secured Credit Facility - Level 4 Tag - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2016
Senior Secured Credit Facility          
Debt and Lease Obligation $ 3,629,100,000   $ 3,629,100,000    
Letters of Credit Outstanding, Amount 100,000   100,000    
Incremental Borrowings, Amount $ 1,000,000,000.0   $ 1,000,000,000.0    
Incremental Borrowings Criteria, Percentage of Consolidated EBITDA 100.00%   100.00%    
Incremental Borrowings Criteria, Senior Secured Leverage ratio 4.25   4.25    
Net Leverage Ratio Requirement 5.5   5.5    
Covenant Dividend Restriction Amount $ 75,000,000   $ 75,000,000    
Covenant Dividend Restriction Percentage of Consolidated EBITDA 7.50%   7.50%    
Net Leverage Ratio Requirement, Dividends 4.75   4.75    
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax $ 6,200,000 $ 23,500,000 $ 41,800,000 $ 36,400,000  
Hedge instruments: Net change on interest rate cap (4,500,000) 7,100,000 (4,100,000) 11,700,000  
2020 3 year Interest Rate Swap [Member]          
Senior Secured Credit Facility          
Derivative, Notional Amount $ 1,110,000,000.0   $ 1,110,000,000.0    
2020 3 year Interest Rate Swap [Member] | Minimum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 0.9125%   0.9125%    
2020 3 year Interest Rate Swap [Member] | Maximum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 0.928%   0.928%    
2020 2 year Interest Rate Swap [Member]          
Senior Secured Credit Facility          
Derivative, Notional Amount $ 1,150,000,000.0   $ 1,150,000,000.0    
2020 2 year Interest Rate Swap [Member] | Minimum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 0.52%   0.52%    
2020 2 year Interest Rate Swap [Member] | Maximum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 0.5295%   0.5295%    
Interest Rate Swap [Member]          
Senior Secured Credit Facility          
Derivative, Notional Amount $ 1,420,000,000.0   $ 1,420,000,000.0    
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax 9,600,000 18,200,000 44,900,000 28,600,000  
Interest Expense, Hedge, gross of tax (7,900,000) (600,000) (11,600,000) (1,200,000)  
Hedge instruments: Net change on interest rate cap 12,800,000 24,300,000 59,700,000 38,100,000  
Interest Expense, Hedge, net of tax $ (6,600,000) (500,000) (8,800,000) (900,000)  
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months     $ (40,300,000)    
Interest Rate Swap [Member] | Minimum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 2.702%   2.702%    
Interest Rate Swap [Member] | Maximum [Member]          
Senior Secured Credit Facility          
Derivative, Fixed Interest Rate 2.706%   2.706%    
Interest Rate Cap [Member]          
Senior Secured Credit Facility          
Derivative, Cap Interest Rate         0.75%
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax   5,300,000   8,800,000  
Interest Expense, Hedge, gross of tax $ (4,600,000) 1,300,000 $ (6,700,000) 3,000,000.0  
Hedge instruments: Net change on interest rate cap   7,100,000   11,700,000  
Interest Expense, Hedge, net of tax (3,900,000) $ 1,000,000.0 (5,100,000) $ 2,200,000  
Net recognized loss into income on Hedge 4,500,000   4,100,000    
Net recognized loss into income on Hedge, net of tax 3,400,000   $ 3,100,000    
Senior Loans [Member]          
Senior Secured Credit Facility          
Debt Instrument, Description of Variable Rate Basis     LIBOR    
Senior Secured Term Loan B-5 [Member]          
Senior Secured Credit Facility          
Debt and Lease Obligation 2,496,600,000   $ 2,496,600,000    
Debt Instrument, Fair Value Disclosure 2,411,500,000   2,411,500,000    
Senior Secured Revolving Line of Credit          
Senior Secured Credit Facility          
Debt and Lease Obligation 0   0    
Line of Credit Facility, Remaining Borrowing Capacity 299,900,000   299,900,000    
Senior Secured Term Loan A-3 [Member]          
Senior Secured Credit Facility          
Debt and Lease Obligation 1,130,900,000   1,130,900,000    
Debt Instrument, Fair Value Disclosure $ 1,118,600,000   $ 1,118,600,000