| Schedule of Outstanding Borrowings |
The following table represents the components of our borrowings: | | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | Senior secured and senior unsecured notes: | | | | | Principal amount, senior secured notes due 2030 | $ | 1,457.0 | | | $ | 1,457.0 | | | Principal amount, senior unsecured notes due 2031 | 510.0 | | | 510.0 | | | Unamortized discount | (18.9) | | | (19.8) | | | Unamortized debt issuance costs | (22.9) | | | (24.2) | | | Senior secured and senior unsecured notes, net of unamortized discount and debt issuance costs | 1,925.2 | | | 1,923.0 | | | | | | | Senior secured revolving credit facilities and term loans: | | | | | Term loans due March 2030 | 1,406.0 | | | 1,406.0 | | Senior secured revolving credit facility due April 2029 | 498.9 | | | 281.7 | | | Unamortized discount | (21.7) | | | (22.8) | | | Unamortized debt issuance costs | (22.4) | | | (23.6) | | | Senior secured revolving credit facility and term loan, net of unamortized discount and debt issuance costs | 1,860.8 | | | 1,641.3 | | | | | | Other debt facilities | 0.8 | | | 1.3 | | | | | | | Total debt, net of unamortized debt issuance costs | 3,786.8 | | | 3,565.6 | | | Less: Current maturities | 0.1 | | | 0.6 | | | Long-term debt | $ | 3,786.7 | | | $ | 3,565.0 | |
The following table summarizes the carrying values and fair values of our actively quoted debt instruments (1): | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Carrying Value | | Fair Value | | Carrying Value | | Fair Value | | Term loans due March 2030 | $ | 1,362.0 | | | $ | 1,406.9 | | | $ | 1,359.7 | | | $ | 1,414.8 | | | Senior secured notes due 2030 | 1,430.1 | | | 1,513.9 | | | 1,428.6 | | | 1,520.9 | | | Senior unsecured notes due 2031 | 495.0 | | | 536.1 | | | 494.4 | | | 539.9 | |
_______________(1)The debt instruments noted above are actively quoted instruments and, accordingly, their fair values were determined using Level 1 inputs.
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