XML 57 R43.htm IDEA: XBRL DOCUMENT v3.20.4
Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
Debt as of December 31, 2020 and 2019 consisted of the following.
20202019
Short-term borrowings$— $— 
Long-term debt
Dollar Term Loan, due 2024(1)
$— $927.6 
Euro Term Loan, due 2024(2)
— 673.9 
Dollar Term Loan B, due 2027(3)
1,883.7 — 
Dollar Term Loan, due 2027(4)
919.6 — 
Euro Term Loan, due 2027(5)
728.0 — 
Dollar Term Loan Series A, due 2027(6)
392.4 — 
Finance leases and other long-term debt17.2 18.0 
Unamortized debt issuance costs(41.4)(8.1)
Total long-term debt, net, including current maturities3,899.5 1,611.4 
Current maturities of long-term debt40.4 7.6 
Total long-term debt, net$3,859.1 $1,603.8 
(1)The weighted-average interest rate was 4.47% for the period from January 1, 2020 through February 27, 2020.
(2)The weighted-average interest rate was 3.00% for the period from January 1, 2020 through February 27, 2020.
(3)As of December 31, 2020, this amount is presented net of unamortized discounts of $2.1 million. As of December 31, 2020, the applicable interest rate was 1.90% and the weighted-average rate was 2.16% for the year ended December 31, 2020.
(4)As of December 31, 2020, this amount is presented net of unamortized discounts of $1.0 million. As of December 31, 2020, the applicable interest rate was 1.90% and the weighted-average rate was 2.16% for the year ended December 31, 2020.
(5)As of December 31, 2020, this amount is presented net of unamortized discounts of $0.7 million. As of December 31, 2020, the applicable interest rate was 2.00% and the weighted-average rate was 2.00% for the year ended December 31, 2020.
(6)As of December 31, 2020, this amount is presented net of unamortized discounts of $5.6 million. As of December 31, 2020, the applicable interest rate was 2.90% and the weighted-average rate was 2.91% for the year ended December 31, 2020.