Lines of Credit and Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2023

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:

	September 30, 2023		December 31, 2022
Current maturities of long-term debt:
Asset securitization program	$	—	$	350.0
Finance lease obligations	11.6		11.2
Senior unsecured notes	350.0		350.0
Debt issuance costs	—		(0.6)
Total current maturities of long-term debt	$	361.6	$	710.6
Long-Term Debt:
Finance lease obligations	31.9		28.3
Credit agreement	—		192.0
Senior unsecured notes	1,100.0		600.0
Debt issuance costs	(10.3)		(6.1)
Total long-term debt	$	1,121.6	$	814.2
Total debt	$	1,483.2	$	1,524.8

Eligible amounts available and beneficial interests sold

	September 30, 2023		December 31, 2022
Eligible amount available under the ASP on qualified accounts receivable	$	400.0	$	350.0
Less: Beneficial interest transferred	—		(350.0)
Remaining amount available	$	400.0	$	—

Summary of weighted average borrowing rate facility

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

	September 30, 2023		December 31, 2022
Weighted average borrowing rate	—	%	5.57	%