Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt

Components of debt obligations

The Company’s debt obligations as of March 31, 2020 and December 31, 2019 consisted of the following (dollars in millions):

	March 31,		December 31,
	2020		2019
US Dollar notes under the 2012 Note Purchase Agreement	$	205.0	$	205.0
CHF Dollar notes under the 2019 Note Purchase Agreement		307.7		306.8
US Dollar notes under the 2019 Term Loan		300.0		300.0
US Dollar under the 2019 Revolving Credit Agreement		196.3		—
Unamortized debt issuance costs		(2.5)		(2.6)
Capital lease obligations and other loans		4.1		4.1
Total debt		1,010.6		813.3
Current portion of long-term debt		(95.8)		(0.5)
Total long-term debt, less current portion	$	914.8	$	812.8

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 its credit agreements 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, 2020 (in millions):

	Weighted		Total Amount				Outstanding
	Average		Committed by		Outstanding		Letters of		Total Amount
	Interest Rate		Lenders		Borrowings		Credit		Available
2019 Credit Agreement	1.3	%	$	600.0	$	196.3	$	0.3	$	403.4
Other lines of credit	0.0	%		245.3		—		133.5		111.8
Total revolving lines of credit			$	845.3	$	196.3	$	133.8	$	515.2