Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Carrying Values of Borrowings

As of June 30, 2020 and December 31, 2019, the carrying values of the Company’s borrowings were as follows (in millions):

				Carrying Value as of
Instrument	Date of Issuance	Maturity Date	Elected Interest Rate	June 30, 2020		December 31, 2019
First Lien Term Loan	February 1, 2019	February 1, 2026	LIBOR + 3.75%	$	743.7	$	841.6
First Lien Revolver	February 1, 2019	February 1, 2024	LIBOR + 3.50%	—		—
Second Lien Term Loan	February 1, 2019	February 1, 2027	LIBOR + 8.50%	—		361.7
Total Carrying Value of Debt				$	743.7	$	1,203.3
less current portion				—		(8.7)
Total Long Term Debt				$	743.7	$	1,194.6

Expected Future Principal Payments for Borrowings

The expected future principal payments for all borrowings as of June 30, 2020 is as follows (in millions):

		Contractual Maturity		Discounts and Issuance Costs		As Presented
For the year ended December 31,	2020	$	—	$	(1.2)	$	(1.2)
	2021	—		(2.6)		(2.6)
	2022	—		(2.7)		(2.7)
	2023	—		(2.9)		(2.9)
	2024	—		(3.1)		(3.1)
	Thereafter	756.4		(0.2)		756.2
		$	756.4	$	(12.7)	$	743.7