Derivatives and Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments

The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:

	June 30, 2024				December 31, 2023
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	953.3	$	953.3	$	1,187.5	$	1,187.5
Fixed rate debt	819.3		796.7		819.3		824.5
Total debt	$	1,772.6	$	1,750.0	$	2,006.8	$	2,012.0

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis were as follows:

	June 30, 2024
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Interest rate contract assets	$	—	$	5.2	$	—	$	—	$	5.2
Foreign currency contract assets	—		7.5		—		—		7.5
Foreign currency contract liabilities	—		(48.4)		—		—		(48.4)
Deferred compensation plan assets	13.5		—		—		14.8		28.3
Total recurring fair value measurements	$	13.5	$	(35.7)	$	—	$	14.8	$	(7.4)

	December 31, 2023
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Interest rate contract assets	$	—	$	0.3	$	—	$	—	$	0.3
Foreign currency contract assets	—		0.2		—		—		0.2
Foreign currency contract liabilities	—		(70.0)		—		—		(70.0)
Deferred compensation plan assets	12.1		—		—		14.0		26.1
Total recurring fair value measurements	$	12.1	$	(69.5)	$	—	$	14.0	$	(43.4)