Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of December 31, 2022 and 2021 consisted of the following.

	2022		2021
Short-term borrowings	$	4.5	$	—
Long-term debt
Dollar Term Loan B, due 2027(1)	$	1,846.3	$	1,865.0
Dollar Term Loan, due 2027(2)	901.4		910.5
Euro Term Loan, due 2027(3)	—		670.7
Finance leases and other long-term debt	22.2		23.9
Unamortized debt issuance costs	(21.8)		(29.5)
Total long-term debt, net, including current maturities	2,748.1		3,440.6
Current maturities of long-term debt	32.0		38.8
Total long-term debt, net	$	2,716.1	$	3,401.8

(1)As of December 31, 2022, this amount is presented net of unamortized discounts of $1.4 million. As of December 31, 2022, the applicable interest rate was 5.94% and the weighted-average rate was 3.46% for the year ended December 31, 2022.

(2)As of December 31, 2022, this amount is presented net of unamortized discounts of $0.7 million. As of December 31, 2022, the applicable interest rate was 5.94% and the weighted-average rate was 3.46% for the year ended December 31, 2022.

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