
		March 31, 2025						December 31, 2024
	Maturity	Principal amount		Debt issuance costs and discount*		Carrying value		Principal amount		Debt issuance costs and discount*		Carrying value
Debt maturing within one year:
2029 Term loan B (1)	January 18, 2029	$	31.0	$	—	$	31.0	$	31.0	$	—	$	31.0


Total short-term debt		$	31.0	$	—	$	31.0	$	31.0	$	—	$	31.0

Debt maturing after one year:
2029 Term loan B (1)	January 18, 2029	$	3,041.6	$	16.3	$	3,025.3	$	3,049.4	$	17.4	$	3,032.0


Revolving facility (1) (2)	February 15, 2029	15.0		—		15.0		10.0		—		10.0
5.000% Senior unsecured notes (1)	December 15, 2029	460.0		4.1		455.9		460.0		4.3		455.7
Total long-term debt		$	3,516.6	$	20.4	$	3,496.2	$	3,519.4	$	21.7	$	3,497.7
Total debt		$	3,547.6	$	20.4	$	3,527.2	$	3,550.4	$	21.7	$	3,528.7

*Initial debt issuance costs were recorded as a reduction of the carrying amount of the debt and amortized over the contractual term of the debt. Balances represent the unamortized portion of debt issuance costs and discounts.

(1) The 5.000% Senior Unsecured Notes and the Senior Secured Credit Facilities contain certain covenants that limit our ability to incur additional indebtedness and guarantee indebtedness, create liens, engage in mergers or acquisitions, sell, transfer or otherwise dispose of assets, pay dividends and distributions or repurchase capital stock, prepay certain indebtedness and make investments, loans and advances. We were in compliance with these non-financial covenants at March 31, 2025 and December 31, 2024.

(2) The Revolving Facility contains a springing financial covenant requiring compliance with a maximum ratio of first lien net indebtedness to consolidated EBITDA of 6.75. The financial covenant applies only if the aggregate principal amount of borrowings under the Revolving Facility and certain outstanding letters of credit exceeds 35% of the total amount of commitments under the Revolving Facility on the last day of any fiscal quarter. The financial covenant did not apply at March 31, 2025 and December 31, 2024.