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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2022
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)20222021
Senior Secured Credit Facilities:
Amended Revolving Credit Facility due 2027$— $— 
Amended Term Loan A Facility due 2027536.2 — 
Amended Term Loan B Facility due 2029995.0 — 
Term Loan A Facility due 2023— 583.8 
Term Loan B-1 Facility due 2025— 979.9 
5.625% Notes due 2027
400.0 400.0 
4.125% Notes due 2029
400.0 400.0 
2.75% Convertible Notes due 2026
330.5 330.5 
Other long-term obligations156.1 146.3 
2,817.8 2,840.5 
Less: Current maturities of long-term debt(56.2)(99.5)
Less: Debt discounts(4.6)(73.1)
Less: Debt issuance costs(35.7)(30.6)
$2,721.3 $2,637.3 
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, 2022 (in millions):
Years ending December 31:
2023$56.2 
202447.6 
202538.2 
2026486.8 
2027837.0 
Thereafter1,352.0 
Total minimum payments$2,817.8 
Schedule Convertible Notes
The Convertible Notes consisted of the following components:
December 31,
(in millions)20222021
Liability component:
Principal$330.5 $330.5 
Unamortized debt discount— (71.7)
Unamortized debt issuance costs(6.2)(5.3)
Net carrying amount$324.3 $253.5 
Carrying amount of equity component$— $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)202220212020
Interest expense$760.1 566.9 546.3 
Capitalized interest(1.9)(4.1)(2.2)
Interest expense, net$758.2 $562.8 $544.1 
The table below presents interest expense related to the Convertible Notes:
For the year ended December 31,
(in millions)202220212020
Coupon interest$9.1 $9.1 $5.7 
Amortization of debt discount— 12.7 7.3 
Amortization of debt issuance costs1.7 0.9 0.5 
Convertible Notes interest expense$10.8 $22.7 $13.5