Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt

Components of debt obligations

The Company’s debt obligations as of March 31, 2017 and December 31, 2016 consisted of the following (in millions):

	March 31,			December 31,
	2017			2016
US Dollar revolving loan under the 2015 Credit Agreement	$	164.0		$	171.0
US Dollar notes under the Note Purchase Agreement	220.0			240.0
Unamortized debt issuance costs under the Note Purchase Agreement	(0.8		)	(0.8		)
Capital lease obligations and other loans	1.6			1.5
Total debt	384.8			411.7
Current portion of long-term debt	(0.1		)	(20.1		)
Total long-term debt, less current portion	$	384.7		$	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 March 31, 2017 (in millions):

	Weighted Average Interest Rate		Total Amount Committed by Lenders		Outstanding Borrowings		Outstanding Lines of Credit		Total Amount Available
2015 Credit Agreement	2.2	%	$	500.0	$	164.0	$	1.1	$	334.9
Other lines of credit	—		234.6		—		131.0		103.6
Total revolving lines of credit			$	734.6	$	164.0	$	132.1	$	438.5