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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Valuation of Foreign Currency Exchange Contracts by Pricing Levels
The following table summarizes the valuation of the Company’s foreign currency forward contracts and interest rate hedge agreements (see Note 15) that are measured at fair value on a recurring basis, and are classified within Level 2 of the fair value hierarchy as of June 30, 2022 and December 31, 2021 (in millions):
Fair
Value
Level 1Level 2Level 3
June 30, 2022
Foreign currency forward contracts—asset position$17.8 $— $17.8 $— 
Foreign currency forward contracts—liability position(0.1)— (0.1)— 
Interest rate hedge agreements—asset position2.1 — 2.1 — 
Interest rate hedge agreements—liability position— — — — 
$19.8 $— $19.8 $— 
December 31, 2021
Foreign currency forward contracts—asset position$0.3 $— $0.3 $— 
Foreign currency forward contracts—liability position(0.2)— (0.2)— 
Interest rate hedge agreements—liability position(8.7)— (8.7)— 
$(8.6)$— $(8.6)$— 
Fair Value Relating to Financial Assets and Liabilities The financial assets and liabilities in the table below are recognized in the consolidated condensed balance sheets as of June 30, 2022 and consolidated balance sheets as of December 31, 2021 (in millions):
 June 30, 2022December 31, 2021
Carrying
Value
Fair
Value
Carrying
Value
Fair 
Value
U.S. Asset-Based Revolving Credit Facility$76.8 $76.8 $9.1 $9.1 
Japan ABL Facility$22.1 $22.1 $— $— 
Japan Term Loan$— $— $13.0 $12.2 
Term Loan B$434.4 $430.2 $436.8 $437.5 
Topgolf Term Loan$338.6 $334.0 $340.4 $346.1 
Convertible Notes$258.8 $348.7 $258.8 $444.4 
Equipment Notes$26.1 $19.7 $31.1 $30.2 
Mortgage Loans$46.2 $44.1 $46.4 $52.3