Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of June 30, 2024 and December 31, 2023 is summarized as follows.

	June 30, 2024		December 31, 2023
Short-term borrowings	$	3.1	$	1.0
Long-term debt:
Dollar Term Loan B, due February 2027(1)(2)	—		347.7
Dollar Term Loan, due February 2027(1)(2)	—		892.3
5.197% Senior Notes, due June 2027(1)	699.9		—
5.400% Senior Notes, due August 2028(1)	498.4		498.2
5.176% Senior Notes, due June 2029(1)	750.0		—
5.314% Senior Notes, due June 2031(1)	500.0		—
5.700% Senior Notes, due August 2033(1)	993.0		992.6
5.450% Senior Notes, due June 2034(1)	749.5		—
5.700% Senior Notes, due June 2054(1)	597.6		—
Finance leases and other long-term debt	14.6		15.2
Swap valuation adjustments(3)	—		—
Unamortized debt issuance costs	(50.7)		(23.4)
Total long-term debt, net, including current maturities	4,752.3		2,722.6
Current maturities of long-term debt	1.4		29.6
Total long-term debt, net	$	4,750.9	$	2,693.0

(1)This amount is net of unamortized discounts. Total unamortized discounts were $11.6 million and $9.9 million as of June 30, 2024 and December 31, 2023, respectively.

(2)The weighted-average interest rate was 7.18% for the six month period ended June 30, 2024.

(3)As of June 30, 2024, the swap valuation adjustments on our interest rate swaps designated as fair value hedges were immaterial.