Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt consisted of the following:


(In millions, except %)		December 31, 2025			March 31, 2026
Debt Instrument	Maturity Date	Interest Rate(1)	Amount		Interest Rate(1)	Amount
FLSO Term Loan Facility	May 15, 2028	6.61%	$	1,610.0	6.54%	$	1,605.8
FLFO Term Loan Facility	May 15, 2028	10.11%	270.2		10.04%	269.5
Term Loan Facility	February 15, 2028	6.60%	61.1		6.54%	60.9
Revolving Credit Facility	May 15, 2028	6.73%	60.0		6.67%	150.0

3.50% FLSO Senior Secured Notes	May 15, 2028	3.50%	318.6		3.50%	250.3
3.50% Senior Secured Notes	February 15, 2028	3.50%	43.9		3.50%	42.6
5.375% Senior Notes	December 1, 2028	5.375%	125.4		5.375%	98.5

Total principal amount outstanding			2,489.2			2,477.6
Unamortized debt issuance costs, debt premium, and debt discount			256.8			230.9
Total debt			2,746.0			2,708.5
Less: current portion of debt			(27.3)			(26.6)
Debt, excluding current portion			$	2,718.7		$	2,681.9

(1) Contractual interest rate as of each respective balance sheet date. The Revolving Credit Facility interest rate is the weighted average interest rate of borrowings outstanding as of the balance sheet date.

- 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.

+ References

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+ Details