Debt And Credit Facilities (Tables)

3 Months Ended

Apr. 01, 2022

Debt Disclosure [Abstract]

Components Of Debt

The components of the Company’s debt were as follows ($ in millions):

	April 1, 2022		December 31, 2021
Senior term loan facility due 2024 ($650.0 aggregate principal amount) (the “Term Loan Facility”), net of deferred debt issuance costs of $2.4 and $2.7, respectively	$	647.6	$	647.3
Senior euro term loan facility due 2024 (€208.0 aggregate principal amount) (the “Euro Term Loan Facility”), net of deferred debt issuance costs of $0.4 and $0.5, respectively	229.3		236.1
Convertible senior notes due 2025 ($517.5 aggregate principal amount), net of deferred debt issuance costs of $9.7 and $8.9, respectively, and unamortized discount of $0.0 and $76.5, respectively	507.8		432.1
Other	—		0.3
Total debt	1,384.7		1,315.8
Less: current portion	(507.8)		(432.4)
Long-term debt	$	876.9	$	883.4

Components of Note Interest Expense

The following table sets forth total interest expense recognized related to the Notes ($ in millions):

	Three Months Ended
	April 1, 2022		April 2, 2021
Contractual interest expense	$	3.1	$	3.1
Amortization of debt issuance costs	0.7		0.5
Amortization of debt discount	—		4.6
Total interest expense	$	3.8	$	8.2