XML 77 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Total Debt Outstanding
The following table presents our total debt outstanding:
(in millions)December 31, 2024December 31, 2023
Term Loan B-1 due 2028$288.8 $291.8 
Term Loan A due 20291,172.4 1,235.0 
Revolver377.5 247.2 
2027 Senior Notes600.0 600.0 
2028 Senior Notes700.0 700.0 
2030 Senior Notes1,200.0 1,200.0 
2031 Senior Notes600.0 600.0 
Total debt4,938.7 4,874.0 
Current maturities of long-term debt(63.1)(68.0)
  Unamortized premium and deferred finance charges(31.5)(37.7)
Total debt, net of current maturities and costs$4,844.1 $4,768.3 
Schedule of Interest Coverage Ratio and Net Leverage Ratio
Actual as of
December 31, 2024
Requirement
Interest coverage ratio
3.9 to 1.0
> 2.5 to 1.0
Consolidated total secured net leverage ratio
1.3 to 1.0
< 4.0 to 1.0
Schedule of Future Aggregate Maturities of Total Debt
Future aggregate maturities of total debt are as follows (in millions):
 
Years Ended December 31,
2025$63.1 
202663.1 
2027663.1 
20281,039.9 
20291,309.5 
Thereafter1,800.0 
Total$4,938.7