Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Carrying Values of Borrowings

As of September 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	September 30, 2020		December 31, 2019
				(Unaudited)
First Lien Term Loan	February 1, 2019	February 1, 2026	LIBOR + 3.75%	$	744.3	$	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				$	744.3	$	1,203.3
Less current portion				—		(8.7)
Total Long Term Debt				$	744.3	$	1,194.6

Expected Future Principal Payments for Borrowings

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

		Contractual Maturity		Discounts and Issuance Costs		As Presented
For the year ended December 31,	2020	$	—	$	(0.6)	$	(0.6)
	2021	—		(2.6)		(2.6)
	2022	—		(2.7)		(2.7)
	2023	—		(2.9)		(2.9)
	2024	—		(3.0)		(3.0)
	Thereafter	756.4		(0.3)		756.1
		$	756.4	$	(12.1)	$	744.3