Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of information about debt

The following table presents information about our debt:

(dollars in millions)	December 31, 2022					December 31, 2021
	Interest terms	Rate		Amount
Receivables facility	SOFR1 plus 0.80%	5.26	%	$	327.2	$	—
Senior secured credit facilities:
Euro term loans B-3	EURIBOR plus —%	—	%	—		133.9
Euro term loans B-4	EURIBOR plus 2.50%	3.99	%	636.7		684.9
Euro term loans B-5	EURIBOR plus 2.00%	3.49	%	342.0		367.9
U.S. dollar term loans B-4	LIBOR plus —%	—	%	—		229.3
U.S. dollar term loans B-5	LIBOR plus 2.25%	6.32	%	1,488.3		2,063.9
2.625% secured notes	fixed rate	2.625	%	694.5		739.6
3.875% unsecured notes	fixed rate	3.875	%	800.0		800.0
3.875% unsecured notes	fixed rate	3.875	%	427.3		455.1
4.625 % unsecured notes	fixed rate	4.625	%	1,550.0		1,550.0
Finance lease liabilities				68.9		71.2
Other				14.2		17.4
Total debt, gross				6,349.1		7,113.2
Less: unamortized deferred financing costs				(61.6)		(90.0)
Total debt				$	6,287.5	$	7,023.2
Classification on balance sheets:
Current portion of debt				$	364.2	$	45.2
Debt, net of current portion				5,923.3		6,978.0

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1.SOFR includes credit spread adjustment.

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Schedule of mandatory future repayments of debt principal

The following table presents mandatory future repayments of debt principal:

(in millions)	December 31, 2022
2023	$	364.2
2024	37.3
2025	731.3
2026	364.4
2027	1,417.4
Thereafter	3,434.5
Total debt, gross	$	6,349.1

Schedule of availability under credit facilities

The following table presents availability under our credit facilities:

(in millions)	December 31, 2022
	Receivables facility		Revolving credit facility		Total
Capacity	$	357.7	$	515.0	$	872.7
Undrawn letters of credit outstanding	(13.7)		—		(13.7)
Outstanding borrowings	(327.2)		—		(327.2)
Unused availability	$	16.8	$	515.0	$	531.8