v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Carrying Amounts, Estimated Fair Values and Valuation Input Levels of the Company's Debt Instruments, Interest Rate Swap Contracts and Foreign Currency Contracts

The carrying amounts, estimated fair values and valuation input levels of the Company’s debt instruments, interest rate swap contracts and foreign currency contracts as of June 30, 2025 and December 31, 2024, are as follows:

 

 

 

June 30, 2025

 

 

December 31, 2024

 

 

 

 

 

Carrying
Amount

 

 

Fair Value

 

 

Carrying
Amount

 

 

Fair Value

 

 

Valuation
Inputs

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

$

5.5

 

 

$

5.5

 

 

$

 

 

$

 

 

Level 2

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.125% senior notes due 2028

 

$

641.6

 

 

$

630.2

 

 

$

641.6

 

 

$

561.4

 

 

Level 2

5.00% senior notes due 2027

 

 

750.0

 

 

 

730.2

 

 

 

750.0

 

 

 

669.5

 

 

Level 2

8.25% senior notes due 2027

 

 

866.9

 

 

 

860.6

 

 

 

866.9

 

 

 

826.8

 

 

Level 2

9.50% senior secured notes due 2031

 

 

1,000.0

 

 

 

1,043.6

 

 

 

1,000.0

 

 

 

1,035.0

 

 

Level 2

4.75% senior secured notes due 2029

 

 

951.0

 

 

 

928.5

 

 

 

1,250.0

 

 

 

1,117.2

 

 

Level 2

6.00% senior secured notes due 2026

 

 

 

 

 

 

 

 

1,500.0

 

 

 

1,486.9

 

 

Level 2

Senior secured term loan due 2029

 

 

3,150.0

 

 

 

3,193.3

 

 

 

3,150.0

 

 

 

3,189.4

 

 

Level 2

Senior secured revolving credit facility

 

 

 

 

 

 

 

 

200.0

 

 

 

190.0

 

 

Level 2

Foreign currency contracts

 

 

 

 

 

 

 

 

3.4

 

 

 

3.4

 

 

Level 2

Interest rate swap contracts

 

 

3.7

 

 

 

3.7

 

 

 

2.4

 

 

 

2.4

 

 

Level 2