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Debt And Credit Facilities (Tables)
9 Months Ended
Sep. 29, 2023
Debt Disclosure [Abstract]  
Components of debt
The components of the Company’s debt were as follows, net of debt issuance costs ($ in millions):
September 29, 2023December 31, 2022
Senior term loan facility due 2028 (the “2028 Term Loan”)
$525.6 $— 
Senior term loan facility due 2024 (the “2024 Term Loan”)
— 648.3 
Senior euro term loan facility due 2028 (the “2028 Euro Term Loan”)369.1 — 
Senior euro term loan facility due 2024 (the “2024 Euro Term Loan”)— 222.4 
Convertible senior notes due 2028 (the “2028 Convertible Notes”)
486.3 — 
Convertible senior notes due 2025 (the “2025 Convertible Notes”)
115.1 510.0 
Total debt1,496.1 1,380.7 
Less: current portion(115.1)(510.0)
Long-term debt$1,381.0 $870.7 
Components of convertible debt
The following table sets forth total interest expense recognized related to convertible notes ($ in millions):

Three Months EndedNine Months Ended
September 29, 2023September 30, 2022September 29, 2023September 30, 2022
Contractual interest expense:
   2028 Convertible Notes$1.2 $— $1.2 $— 
   2025 Convertible Notes2.33.1 8.4 9.2 
Amortization of debt issuance costs:
   2028 Convertible Notes0.3 — $0.3 — 
   2025 Convertible Notes0.4 0.7 $1.9 2.2 
Total interest expense
$4.2 $3.8 $11.8 $11.4 
Components of unamortized debt discount and issuance costs The remaining unamortized debt issuance costs for debt outstanding were as follows ($ in millions):
September 29, 2023December 31, 2022
2028 Convertible Notes$13.9 $— 
2025 Convertible Notes1.2 7.5 
Term Loans4.4 1.7 
Euro Term Loans1.0 0.3 
$20.5 $9.5