Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt

Components of debt obligations

        The Company's debt obligations consist of the following as of December 31, (in millions):

	2017			2016
US Dollar revolving loan under the 2015 Credit Agreement	$	195.0		$	171.0
US Dollar notes under the Note Purchase Agreement		220.0			240.0
Unamortized debt issuance costs under the Note Purchase Agreement		(0.7	)		(0.8	)
Capital lease obligations and other loans		1.3			1.5
Total debt		415.6			411.7
Current portion of long-term debt		—			(20.1	)
Total long-term debt, less current portion	$	415.6		$	391.6

Summary of maximum commitments and net amounts available under the 2015 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 2015 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, at December 31, 2017 (in millions):

	Weighted Average Interest Rate			Total Amount Committed by Lenders		Outstanding Borrowings		Outstanding Letters of Credit		Total Amount Available
2015 Credit Agreement		2.7	%	$	500.0	$	195.0	$	1.1	$	303.9
Other lines of credit		—			257.9		—		137.7		120.2
Total revolving loans				$	757.9	$	195.0	$	138.8	$	424.1

Annual maturities of debt outstanding, less deferred financing cost amortization

        Annual maturities of debt outstanding, less deferred financing cost amortization, at December 31, 2017 are as follows (in millions):

2018	$	—
2019		15.0
2020		194.9
2021		—
2022		104.9
Thereafter		100.8
Total	$	415.6