Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt, Net of Current Maturities

The table below presents long-term debt, net of current maturities:

(in millions)	March 31, 2021		December 31, 2020
Senior Secured Credit Facilities:
Revolving Credit Facility due 2023	$	—	$	—
Term Loan A Facility due 2023	623.6		636.9
Term Loan B-1 Facility due 2025	988.4		991.2
5.625% Notes due 2027	400.0		400.0
2.75% Convertible Notes due 2026	330.5		330.5
Other long-term obligations	146.3		73.0
	2,488.8		2,431.6
Less: Current maturities of long-term debt	(85.8)		(81.4)
Less: Debt discount	(83.1)		(86.2)
Less: Debt issuance costs	(30.4)		(32.8)
	$	2,289.5	$	2,231.2

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)	March 31, 2021
Liability component:
Principal	$	330.5
Unamortized debt discount	(81.4)
Unamortized debt issuance costs	(6.0)
Net carrying amount	$	243.1
Carrying amount of equity component	$	88.2

Schedule of Interest Expense, Net

The table below presents interest expense, net:

	For the three months ended March 31,
(in millions)	2021		2020
Interest expense	$	(136.6)	$	(130.4)
Interest income	0.2		0.2
Capitalized interest	0.7		0.4
Interest expense, net	$	(135.7)	$	(129.8)

The table below presents interest expense related to the Convertible Notes:

	For the three months ended March 31,
(in millions)	2021
Coupon interest	$	2.3
Amortization of debt discount	3.1
Amortization of debt issuance costs	0.2
Convertible Notes interest expense	$	5.6