Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Debt and capital lease obligations

The Company’s debt obligations consisted of the following:

(dollars in millions)	Maturity Date	Interest Rate	March 31, 2020		December 31, 2019
USD Term Loans (1)	2026	LIBOR plus 2.00%	$	731.9	$	733.4
Senior Notes - USD 800 million (2)	2025	5.875%	787.2		786.7
Borrowings under the Revolving Credit Facility	2024	LIBOR plus 2.25%	320.0		—
Other			0.8		0.9
Total debt			1,839.9		1,521.0
Less: current installments of long-term debt and revolving credit facilities			327.7		7.8
Total long-term debt			$	1,512.2	$	1,513.2

⁽¹⁾ Term loans, net of unamortized discounts and debt issuance costs of $8.7 million and $9.1 million at March 31, 2020 and December 31, 2019, respectively. Weighted average effective interest rate of 2.2% at March 31, 2020 and December 31, 2019, respectively, including the effects of interest rate swaps and net investment hedges. See Note 8, Financial Instruments, for further information regarding the Company's interest rate swaps and net investment hedges.

⁽²⁾ Senior notes, net of unamortized discount and debt issuance costs of $12.8 million and $13.3 million at March 31, 2020 and December 31, 2019, respectively. Weighted average effective interest rate of 6.2% at March 31, 2020 and December 31, 2019, respectively.