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Long-term Debt (Tables)
12 Months Ended
Dec. 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, debt discounts and issuance costs:
December 31,
(in millions)20212020
Senior Secured Credit Facilities:
Revolving Credit Facility due 2023$— $— 
Term Loan A Facility due 2023583.8 636.9 
Term Loan B-1 Facility due 2025979.9 991.2 
5.625% Notes due 2027
400.0 400.0 
4.125% Notes due 2029
400.0 — 
2.75% Convertible Notes due 2026
330.5 330.5 
Other long-term obligations146.3 73.0 
2,840.5 2,431.6 
Less: Current maturities of long-term debt(99.5)(81.4)
Less: Debt discount(73.1)(86.2)
Less: Debt issuance costs(30.6)(32.8)
$2,637.3 $2,231.2 
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, 2021 (in millions):
Year ending December 31:
2022$99.5 
2023543.5 
202421.3 
2025946.8 
202691.1 
Thereafter1,138.3 
Total minimum payments$2,840.5 
Schedule Convertible Notes
The Convertible Notes consisted of the following components:
(in millions)December 31, 2021December 31, 2020
Liability component:
Principal$330.5 $330.5 
Unamortized debt discount(71.7)(84.4)
Unamortized debt issuance costs(5.3)(6.2)
Net carrying amount$253.5 $239.9 
Carrying amount of equity component$88.2 $88.2 
Schedule of interest expense, net
Interest expense, net
The table below presents interest expense, net:
For the year ended December 31,
(in millions)202120202019
Interest expense$(566.9)(546.3)(535.9)
Interest income1.1 0.9 1.4 
Capitalized interest4.1 2.2 0.3 
Interest expense, net$(561.7)$(543.2)$(534.2)
The table below presents interest expense related to the Convertible Notes:
For the year ended December 31,
(in millions)20212020
Coupon interest$9.1 $5.7 
Amortization of debt discount12.7 7.3 
Amortization of debt issuance costs0.9 0.5 
Convertible Notes interest expense$22.7 $13.5