Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Components of debt obligations

The Company’s debt obligations consist of the following (in millions):

	2022			2021
EUR notes (in U.S. Dollars) under the 2021 Note Purchase Agreement	$	160.6		$	170.7
CHF notes (in U.S. Dollars) under the 2021 Note Purchase Agreement		325.1			329.2
CHF notes (in U.S. Dollars) under the 2019 Note Purchase Agreement		321.9			325.9
U.S. Dollar notes under the 2019 Term Loan Agreement		293.3			299.2
U.S. Dollar notes under the 2012 Note Purchase Agreement		100.0			205.0
Unamortized debt issuance costs		(1.7	)		(2.0	)
Other loans		5.9			1.9
Total notes and loans outstanding		1,205.1			1,329.9
Finance lease obligations		14.1			4.3
Total debt		1,219.2			1,334.2
Current portion of long-term debt and finance lease obligations		(18.7	)		(112.4	)
Total long-term debt, less current portion	$	1,200.5		$	1,221.8

Summary of maximum commitments and net amounts available under the 2019 Credit Agreement and other lines of credit

The following is a summary of the maximum commitments and the net amounts available to the Company under the 2019 Revolving Credit Agreement and other lines of credit with various financial institutions located primarily in Germany and Switzerland that are unsecured and typically due upon demand with interest payable monthly (dollars in millions):

	Weighted Average Interest Rate			Total Amount Committed by Lenders		Outstanding Borrowings		Outstanding Letters of Credit		Total Committed Amounts Available
2019 Credit Agreement		0.15	%	$	600.0	$	—	$	—	$	600.0
Bank guarantees and working capital line	varies				130.7		—		130.7		—
Total revolving lines of credit				$	730.7	$	—	$	130.7	$	600.0

Annual maturities of debt outstanding, less deferred financing cost amortization

Annual maturities of notes and loans outstanding are as follows (in millions):

2023	$	16.6
2024		115.7
2025		16.1
2026		248.7
2027		0.6
Thereafter		809.1
Total	$	1,206.8