Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Carrying Values of Borrowings

As of March 31, 2024 and December 31, 2023, the carrying values of the Company’s borrowings were as follows (in millions):


Instrument	Date of Issuance	Maturity Date	Elected Interest Rate	March 31, 2024		December 31, 2023
First Lien Term Loan	February 1, 2019	February 28, 2030	SOFR + 2.25%	$	589.4	$	590.7
First Lien Revolver	February 1, 2019	February 28, 2028	SOFR + 2.10%	—		—
Senior Notes	February 2, 2021	February 1, 2029	3.875%	642.0		641.7
Total Debt				$	1,231.4	$	1,232.4
Less: current portion				(6.0)		(6.0)
Total Long-term debt, net of current portion				$	1,225.4	$	1,226.4

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details