Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Maturities of Long-term Debt [Table Text Block]

Face-value maturities of long-term debt for each of the next five years, assuming the Company's leverage ratio remains less than 5.25x, are as follows:

	(In millions)
2020	$	—
2021	—
2022	—
2023	—
2024	700.0
Thereafter	600.0
Total	$	1,300.0

Schedule of Long-Term Debt Components

Long-term debt consists of the following components:

	2019			2018
	(In millions)
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I	$	700.0		$	—
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II	600.0			—
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2	—			1,283.8
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018	—			25.0
Class A-2-I and A-2-II (2019) and Class A-2 (2018) Note debt issuance costs	(11.8		)	(9.7		)
Long-term debt, net of debt issuance costs	1,288.2			1,299.1
Current portion of long-term debt	—			(25.0		)
Long-term debt	$	1,288.2		$	1,274.1