XML 58 R48.htm IDEA: XBRL DOCUMENT v3.22.2
Notes Payable and Indebtedness - Narrative (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Mar. 02, 2022
Jan. 18, 2022
Mar. 30, 2021
Jul. 06, 2020
Jun. 30, 2020
Feb. 08, 2019
Apr. 30, 2022
Jun. 30, 2022
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Debt Instrument [Line Items]                      
Gain (loss) on extinguishment of debt                 $ (16.3) $ 0.0  
Long-term debt               $ 3,712.5 3,712.5   $ 3,744.8
Interest Rate Swap                      
Debt Instrument [Line Items]                      
Term of derivative contract 3 years   3 years                
Notional amount of derivative $ 250.0   $ 1,000.0         1,250.0 1,250.0   1,000.0
Fixed interest rate of derivative (as a percent) 1.629%   0.467%                
Cross-currency swaps                      
Debt Instrument [Line Items]                      
Notional amount of derivative             $ 375.0        
Derivative payments               1.3 1.3    
Cross-currency swaps | Maximum                      
Debt Instrument [Line Items]                      
Term of derivative contract             4 years        
Cross-currency swaps | Minimum                      
Debt Instrument [Line Items]                      
Term of derivative contract             2 years        
Standby Letters of Credit                      
Debt Instrument [Line Items]                      
Contingent liabilities under open standby letters of credit and bank guarantees in favor of third parties               $ 12.0 $ 12.0   $ 13.5
2026 Term Loan | Secured Debt | Line of Credit                      
Debt Instrument [Line Items]                      
Quarterly payment of principal (as a percent)                 1.00%    
Effective interest rate (as a percent)               4.874% 4.874%   3.352%
2026 Term Loan | Secured Debt | Line of Credit | LIBOR                      
Debt Instrument [Line Items]                      
Basis spread on variable rate (as a percent)         5.00%       3.25%   3.25%
New Revolving Facility | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Effective interest rate (as a percent)               4.592% 4.592%   3.104%
Credit facility, maximum borrowing capacity               $ 850.0 $ 850.0    
Line of credit facility, current borrowing capacity               $ 755.0 $ 755.0   $ 690.0
New Revolving Facility | Revolving Credit Facility | Line of Credit | LIBOR                      
Debt Instrument [Line Items]                      
Basis spread on variable rate (as a percent)       3.25%   3.50%          
Increase (decrease) in basis spread on variable rate (as a percent)       (0.25%)              
6.875% New Senior Secured Notes | Secured Debt                      
Debt Instrument [Line Items]                      
Repayments of secured debt   $ 420.0                  
Interest rate on debt instrument (as a percent)   6.875%           6.875% 6.875%   6.875%
Payment of call premium                 $ 16.3    
Gain (loss) on extinguishment of debt                 (23.0)    
Repayments of debt                 436.3    
Long-term debt               $ 413.3 413.3    
Debt issuance costs, net               $ 6.7 $ 6.7    
2029 Term Loan | Secured Debt                      
Debt Instrument [Line Items]                      
Face amount of debt instrument   $ 460.0                  
Debt issuance costs   $ 7.4                  
2029 Term Loan | Secured Debt | Line of Credit                      
Debt Instrument [Line Items]                      
Quarterly payment of principal (as a percent)                 1.00%    
Effective interest rate (as a percent)               4.747% 4.747%    
2029 Term Loan | Secured Debt | Line of Credit | LIBOR                      
Debt Instrument [Line Items]                      
Basis spread on variable rate (as a percent)                 3.25%