Lines of Credit and Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Summary of outstanding debt obligations

The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions):

	As of June 30, 2022		As of December 31, 2021
Current maturities of long-term debt:
Total current maturities of long-term debt	$	11.8	$	11.3
Long-Term Debt:
Asset securitization program	$	400.0	$	250.0
Finance lease obligations	30.8		29.0
Credit Agreement	308.5		6.5
Senior unsecured notes	950.0		950.0
Debt issuance costs	(7.8)		(9.0)
Total long-term debt	$	1,681.5	$	1,226.5
Total debt	$	1,693.3	$	1,237.8

Eligible amounts available and beneficial interests sold

	As of June 30, 2022		As of December 31, 2021
Eligible amount available under the ASP on qualified accounts receivable	$	400.0	$	335.6
Less: Beneficial interest transferred	(400.0)		(250.0)
Remaining amount available	$	—	$	85.6

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the facility was as follows:

	As of June 30, 2022		As of December 31, 2021
Weighted average borrowing rate	2.53	%	1.38	%