Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis

The following table provides a summary of the Company’s assets and liabilities that were recognized at fair value on a recurring basis as at March 31, 2022 and December 31, 2021:

	March 31, 2022
	Level 2		Level 3		Total Fair Value
Assets
Forward currency contracts asset	$	0.1	$	—	$	0.1
Interest rate swap asset	14.0		—		14.0
	14.1		—		14.1
Liabilities
Warrant liability	—		127.4		127.4
CPA Global Equity Plan liability - current	9.8		—		9.8
Forward currency contracts liability	5.3		—		5.3
Total	$	15.1	$	127.4	$	142.5

	December 31, 2021
	Level 2		Level 3		Total Fair Value
Assets
Forward currency contracts asset	$	2.2	$	—	$	2.2
Interest rate swap asset	2.0				2.0
	4.2		—		4.2
Liabilities
Warrant liability	—		227.8		227.8
CPA Global Equity Plan liability - current	152.4		—		152.4
Forward currency contracts liability	0.7		—		0.7
Total	$	153.1	$	227.8	$	380.9

Private Placement Warrants - The following table summarizes the changes in Private Placement Warrant liability for the three months ended March 31, 2022 and 2021:

Balance at December 31, 2021	$	227.8
Mark to market gain on financial instruments	(100.4)
Exercise of Private Placement Warrants	—
Balance at March 31, 2022	$	127.4
Balance at December 31, 2020	$	312.8
Mark to market gain on financial instruments	(51.2)
Exercise of Private Placement Warrants	(3.6)
Balance at March 31, 2021	$	258.0

There were no transfers of assets or liabilities between levels during the three months ended March 31, 2022 and 2021.