Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt

Components of debt obligations

The Company’s debt obligations as of September 30, 2016 and December 31, 2015 consisted of the following (in millions):

	September 30,			December 31,
	2016			2015
US Dollar revolving loan under the 2015 Credit Agreement	$	124.0		$	25.0
US Dollar notes under the Note Purchase Agreement	240.0			240.0
Unamortized debt issuance costs under the Note Purchase Agreement	(0.8		)	(0.9		)
Capital lease obligations and other loans	1.7			1.7
Total debt	364.9			265.8
Current portion of long-term debt	(20.2		)	(0.6		)
Total long-term debt, less current portion	$	344.7		$	265.2

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 September 30, 2016 (in millions):

	Weighted Average Interest Rate		Total Amount Committed by Lenders		Outstanding Borrowings		Outstanding Lines of Credit		Total Amount Available
2015 Credit Agreement	1.8	%	$	500.0	$	124.0	$	1.1	$	374.9
Other lines of credit	—		237.6		—		129.8		107.8
Total revolving lines of credit			$	737.6	$	124.0	$	130.9	$	482.7