Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of September 30, 2022 and December 31, 2021 is summarized as follows.

	September 30, 2022		December 31, 2021
Short-term borrowings	$	0.5	$	—
Long-term debt:
Dollar Term Loan B, due 2027(1)	1,851.0		1,865.0
Dollar Term Loan, due 2027(2)	903.7		910.5
Euro Term Loan(3)	—		670.7
Finance leases and other long-term debt	21.3		23.9
Unamortized debt issuance costs	(23.6)		(29.5)
Total long-term debt, net, including current maturities	2,752.4		3,440.6
Current maturities of long-term debt	32.3		38.8
Total long-term debt, net	$	2,720.1	$	3,401.8

(1)As of September 30, 2022, this amount is presented net of unamortized discounts of $1.5 million. As of September 30, 2022, the applicable interest rate was approximately 4.88% and the weighted-average interest rate was 2.80% for the nine month period ended September 30, 2022.

(2)As of September 30, 2022, this amount is presented net of unamortized discounts of $0.7 million. As of September 30, 2022, the applicable interest rate was approximately 4.88% and the weighted average interest rate was 2.80% for the nine month period ended September 30, 2022.

(3)The weighted average interest rate was 2.00% for the six month period prior to the loan repayment on June 30, 2022, as discussed below.