Debt And Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Components of debt

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

	March 31, 2023		December 31, 2022
Senior term loan facility due 2024 (the “Term Loan”)	$	648.6	$	648.3
Senior euro term loan facility due 2024 (the “Euro Term Loan”)	225.2		222.4
Convertible senior notes due 2025	510.8		510.0
Total debt	1,384.6		1,380.7
Less: current portion	(510.8)		(510.0)
Long-term debt	$	873.8	$	870.7

Components of note interest expense

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

	Three Months Ended
	March 31, 2023		April 1, 2022
Contractual interest expense	$	3.1	$	3.1
Amortization of debt issuance costs	0.7		0.7
Total interest expense	$	3.8	$	3.8

Components of unamortized debt discount and issuance costs

The remaining unamortized debt issuance costs for the Convertible Senior Notes, Term Loan and Euro Term Loan were as follows ($ in millions):

	March 31, 2023		December 31, 2022
Convertible Senior Notes	$	6.7	$	7.5
Term Loan	1.4		1.7
Euro Term Loan	0.3		0.3
	$	8.4	$	9.5