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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Summary of Long-Term Debt and Related Weighted Average Interest Rates
A summary of long-term debt, net of unamortized debt issuance costs and unamortized original issue discount, and the related weighted average interest rates is shown below (in millions):
December 31,
2019
Debt Instrument
Long-Term Debt
 
Unamortized Debt Issuance Costs
 
Unamortized Original Issue Discount
 
Long-Term
Debt, Net
 
Weighted
Average
Interest
Rate
Credit Agreement — Term Loan Facility
$
234.4

 
$
(1.0
)
 
$
—

 
$
233.4

 
2.88%
5.25% Senior Notes due 2025 (the "2025 Notes")
650.0

 
(4.2
)
 
—

 
645.8

 
5.25%
3.8% Senior Notes due 2027 (the "2027 Notes")
750.0

 
(4.7
)
 
(4.1
)
 
741.2

 
3.885%
4.25% Senior Notes due 2029 (the "2029 Notes")
375.0

 
(2.9
)
 
(1.1
)
 
371.0

 
4.288%
5.25% Senior Notes due 2049 (the "2049 Notes")
325.0

 
(3.3
)
 
(5.3
)
 
316.4

 
5.363%
 
$
2,334.4

 
$
(16.1
)
 
$
(10.5
)
 
2,307.8

 
 
Less — Current portion
 
 
 
 
 
 
(14.1
)
 
 
Long-term debt
 
 
 
 
 
 
$
2,293.7

 
 

December 31,
2018
Debt Instrument
Long-Term Debt
 
Unamortized Debt Issuance Costs
 
Unamortized Original Issue Discount
 
Long-Term
Debt, Net
 
Weighted
Average
Interest
Rate
Credit Agreement — Term Loan Facility
$
242.2

 
$
(1.5
)
 
$
—

 
$
240.7

 
3.92%
5.375% Senior Notes due 2024 (the "2024 Notes")
325.0

 
(2.0
)
 
—

 
323.0

 
5.375%
2025 Notes
650.0

 
(5.0
)
 
—

 
645.0

 
5.25%
2027 Notes
750.0

 
(5.3
)
 
(4.6
)
 
740.1

 
3.885%
Other
5.1

 
—

 
—

 
5.1

 
N/A
 
$
1,972.3

 
$
(13.8
)
 
$
(4.6
)
 
1,953.9

 
 
Less — Current portion
 
 
 
 
 
 
(12.9
)
 
 
Long-term debt
 
 
 
 
 
 
$
1,941.0

 
 

Senior Notes
The issuance, maturity and interest payment dates of the Company's senior unsecured 2025 Notes, 2027 Notes, 2029 Notes and 2049 Notes (collectively, the "Notes") are as shown below:
Note
Issuance Date
 
Maturity Date
 
Interest Payment Dates
2025 Notes
November 2014
 
January 15, 2025
 
January 15 and July 15
2027 Notes
August 2017
 
September 15, 2027
 
March 15 and September 15
2029 Notes
May 2019
 
May 15, 2029
 
May 15 and November 15
2049 Notes
May 2019
 
May 15, 2049
 
May 15 and November 15
Debt Instrument Redemption
The Company may redeem the 2025 Notes, in whole or in part, on or after January 15, 2020, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.
Twelve-Month Period Commencing January 15,
2025 Notes
2020
102.625
%
2021
101.750
%
2022
100.875
%
2023 and thereafter
100.000
%
Credit Agreement Interest Rate Ranges As of December 31, 2019, the ranges and rates are as follows (in percentages):
 
 
Eurocurrency Rate
 
Base Rate
 
 
Minimum
 
Maximum
 
Rate as of
December 31, 2019
 
Minimum
 
Maximum
 
Rate as of
December 31,
2019
Revolving Credit Facility
 
1.00
%
 
1.60
%
 
1.10
%
 
0.00
%
 
0.60
%
 
0.10
%
Term Loan Facility
 
1.125
%
 
1.90
%
 
1.25
%
 
0.125
%
 
0.90
%
 
0.25
%
Schedule of Maturities of Long-term Debt
As of December 31, 2019, scheduled maturities related to the Credit Agreement — Term Loan Facility for the five succeeding years, as of the date of this Report, are shown below (in millions):
2020
$
14.1

2021
14.1

2022
206.2

2023
—

2024
—