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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
 
December 31,
(In millions)
2016
 
2015
 
 
 
 
Debt:
 
 
 
Short-term borrowings
 
 
 
Uncommitted credit facilities (year-end weighted-average interest rate of 1.7% in 2016)
$
108.3

 

Restricted cash borrowings (year-end weighted-average interest rate of 0.5% in 2016 and 0.1% in 2015)(a)
22.3

 
3.5

Other (year-end weighted-average interest rate of 8.1% in 2016 and 8.7% in 2015)
32.2

 
29.1

Total short-term borrowings
$
162.8

 
32.6

 
 
 
 
Long-term debt
 
 
 
Bank credit facilities:
 
 
 
Revolving Facility (year-end weighted-average interest
 
 
 
rate of 1.8% in 2016 and 1.8% in 2015)
$
55.8

 
163.3

Private Placement Notes (Series A effective interest rate of 4.6%, Series B effective interest
 
 
 
rate of 5.2%), due 2021, less unamortized debt costs of $0.1 million in 2016 and $0.1 million in 2015
85.6

 
92.8

Term loan (year-end effective interest rate of 2.5% in 2016 and 2.2% in 2015)
 
 
 
less unamortized debt costs of $0.2 million in 2016 and $0.2 million in 2015
65.6

 
70.9

Other primarily non-U.S. dollar-denominated facilities (year-end weighted-
 
 
 
average interest rate of 6.9% in 2016 and 5.1% in 2015)
6.4

 
11.4

Capital leases (year-end weighted-average interest rate of 4.2% in 2016 and 3.6% in 2015)
67.0

 
59.5

Total long-term debt
$
280.4

 
397.9

 
 
 
 
Total Debt
$
443.2

 
430.5

 
 
 
 
Included in:
 
 
 
Current liabilities
$
195.6

 
72.4

Noncurrent liabilities
247.6

 
358.1

Total debt
$
443.2

 
430.5



(a)
These 2016 and 2015 amounts are for short-term borrowings related to cash borrowed under lending arrangements used in the process of managing customer cash supply chains, which is currently classified as restricted cash and not available for general corporate purposes. See Note 19 for more details.
Schedule of Minimum Repayments of Long-term Debt
Minimum repayments of long-term debt are as follows:
(In millions)
Capital leases
 
Other long-term debt
 
Total
 
 
 
 
 
 
2017
$
18.5

 
14.3

 
32.8

2018
14.8

 
13.1

 
27.9

2019
11.1

 
16.0

 
27.1

2020
9.1

 
69.8

 
78.9

2021
7.6

 
65.2

 
72.8

Later years
5.9

 
35.0

 
40.9

Total
$
67.0

 
213.4

 
280.4

Schedule of Capital Lease Aset Classes
Property and equipment acquired under capital leases are included in property and equipment as follows:
 
December 31,
(In millions)
2016
 
2015
 
 
 
 
Asset class:
 
 
 
Buildings
$
2.0

 
2.0

Vehicles
131.8

 
114.1

Machinery and equipment
1.4

 
13.6

 
135.2

 
129.7

Less: accumulated amortization
(63.5
)
 
(66.0
)
Total
$
71.7

 
63.7