Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of long-term debt, net of current maturities

Long-term debt, net of current maturities, was as follows:

	December 31,
(in millions)	2020		2019
Senior Secured Credit Facilities:
Revolving Credit Facility due 2023	$	—	$	140.0
Term Loan A Facility due 2023	636.9		672.3
Term Loan B-1 Facility due 2025	991.2		1,117.5
5.625% Notes due 2027	400.0		400.0
2.75% Convertible Notes due 2026	330.5		—
Other long-term obligations	73.0		89.2
	2,431.6		2,419.0
Less: Current maturities of long-term debt	(81.4)		(62.9)
Less: Debt discount	(86.2)		(2.4)
Less: Debt issuance costs	(32.8)		(31.5)
	$	2,231.2	$	2,322.2

Schedule of future minimum repayments of long-term debt

The following is a schedule of future minimum repayments of long-term debt as of December 31, 2020 (in millions):

Year ending December 31:
2021	$	81.4
2022	99.9
2023	543.1
2024	21.3
2025	946.8
Thereafter	739.1
Total minimum payments	$	2,431.6

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)	December 31, 2020
Liability component:
Principal	$	330.5
Unamortized debt discount	(84.4)
Unamortized debt issuance costs	(6.2)
Net carrying amount	$	239.9
Carrying amount of equity component	$	88.2

Schedule of interest expense, net

Interest expense, net

Interest expense, net, was as follows:

	For the year ended December 31,
(in millions)	2020		2019		2018
Interest expense	$	(546.3)	$	(535.9)	$	(539.4)
Interest income	0.9		1.4		1.0
Capitalized interest	2.2		0.3		—
Interest expense, net	$	(543.2)	$	(534.2)	$	(538.4)

Interest expense related to the Convertible Notes was as follows:

(in millions)	For the year ended December 31, 2020
Coupon interest	$	5.7
Amortization of debt discount	7.3
Amortization of debt issuance costs	0.5
Convertible Notes interest expense	$	13.5