Debt (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Debt and Average Interest Rates on Debt Outstanding

Debt and the average interest rates on debt outstanding were as follows:

In millions	Average interest rate at September 30, 2024	Maturity Year	September 30, 2024		December 31, 2023
Revolving credit facility	N/A	2026	$	—	$	—
2021 Term loan facility	6.315%	2026	188.8		200.0
2023 Term loan facility	6.315%	2028	281.2		292.5
2024 Term loan facility	6.447%	2026	500.0		—
Senior notes - fixed rate	4.550%	2028	500.0		500.0
Senior notes - fixed rate	2.750%	2031	300.0		300.0
Senior notes - fixed rate	5.650%	2033	500.0		500.0
Unamortized debt issuance costs and discounts	N/A	N/A	(11.8)		(11.8)
Total debt			2,258.2		1,780.7
Less: Current maturities and short-term borrowings			(37.5)		(31.9)
Long-term debt			$	2,220.7	$	1,748.8

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding at September 30, 2024, excluding unamortized issuance costs and discounts, matures on a calendar year basis as follows:

	Q4
In millions	2024		2025		2026		2027		2028		2029		Thereafter		Total
Contractual debt obligation maturities	$	9.4	$	37.5	$	679.4	$	22.5	$	721.2	$	—	$	800.0	$	2,270.0