Debt (Tables)

12 Months Ended

Dec. 31, 2018

The Company’s debt and capital lease obligations consisted of the following:



($ amounts in millions)	Maturity Date	Interest Rate	December 31, 2018		December 31, 2017
Senior Notes - USD 1.10 billion⁽¹⁾	2022	6.50%	$	1,067.1	$	1,086.1
Senior Notes - EUR 350 million ⁽¹⁾	2023	6.00%	397.4		415.1
Senior Notes - USD 800 million ⁽¹⁾	2025	5.875%	784.9		783.2
First Lien Credit Facility - USD Term Loans ⁽²⁾	2020	> of 3.50% or LIBOR plus 2.50%	624.3		620.4
First Lien Credit Facility - USD Term Loans ⁽²⁾	2021	> of 4.00% or LIBOR plus 3.00%	1,124.7		1,121.2
First Lien Credit Facility - Euro Term Loans ⁽²⁾	2020	> of 3.25% or EURIBOR plus 2.50%	666.2		694.3
First Lien Credit Facility - Euro Term Loans ⁽²⁾	2021	> of 3.50% or EURIBOR plus 2.75%	685.3		716.0
Borrowings under the Revolving Credit Facility		LIBOR plus 3.00%	25.0		—
Other			1.1		10.9
Total debt and capital lease obligations			5,376.0		5,447.2
Less: current installments of long-term debt and revolving credit facilities			25.3		10.1
Total long-term debt and capital lease obligations			$	5,350.7	$	5,437.1

⁽¹⁾ Net of unamortized premium, discounts and debt issuance costs of $29.9 million and $35.5 million at December 31, 2018 and 2017, respectively. Weighted average effective interest rate of 6.5% at December 31, 2018 and 2017.

⁽²⁾ First Lien Credit Facility term loans net of unamortized discounts and debt issuance costs of $22.4 million and $33.3 million at December 31, 2018 and 2017, respectively. Weighted average effective interest rate of 4.6% and 4.5% at December 31, 2018 and 2017, respectively, including the effects of interest rate swaps. See Note 13, Financial Instruments, to the Consolidated Financial Statements for further information regarding the Company's interest rate swaps.

Schedule of Maturities of Long-term Debt

Minimum future principal payments on long-term debt were as follows:



($ amounts in millions)		Long-Term Debt
2019		$	—
2020		1,300.0
2021	^(*)	1,822.8
2022		1,078.0
2023		401.4
Thereafter		800.0
Total		$	5,402.2

^(*) In the event the Company is able to prepay, redeem or otherwise retire and/or refinance in full its $1.10 billion, 6.50% USD Notes due 2022, as permitted under the Credit Agreement, on or prior to November 2, 2021, the maturity date of approximately $1.82 billion of first lien debt will be extended to June 7, 2023 from November 2, 2021.