Debt And Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Components of debt

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

	September 30, 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 $1.9 and $2.7, respectively	$	648.1	$	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 $0.3 and $0.5, respectively	203.5		236.1
Convertible senior notes due 2025 ($517.5 aggregate principal amount), net of deferred debt issuance costs of $8.2 and $8.9, respectively, and unamortized discount of $0.0 and $76.5, respectively	509.3		432.1
Revolving credit facility due 2024 ($750.0 aggregate borrowing capacity) (the Revolving Credit Facility)	70.0		—
Other	—		0.3
Total debt	1,430.9		1,315.8
Less: current portion	(579.3)		(432.4)
Long-term debt	$	851.6	$	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				Nine Months Ended
	September 30, 2022		October 1, 2021		September 30, 2022		October 1, 2021
Contractual interest expense	$	3.1	$	3.1	$	9.2	$	9.2
Amortization of debt issuance costs	0.7		0.5		2.2		1.4
Amortization of debt discount	—		4.9		—		14.2
Total interest expense	$	3.8	$	8.5	$	11.4	$	24.8