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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
 
December 31,
(In millions)
2017
 
2016
 
 
 
 
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 0.0% in 2017 and 0.5% in 2016)(a)
27.0

 
22.3

Other (year-end weighted-average interest rate of 8.9% in 2017 and 8.1% in 2016)
18.2

 
32.2

Total short-term borrowings
$
45.2

 
162.8

 
 
 
 
Long-term debt
 
 
 
Bank credit facilities:
 
 
 
Term loan A (year-end effective interest rate of 3.3% in 2017 )
 
 
 
less unamortized issuance cost of $2.3 million in 2017
$
491.4

 

Senior unsecured notes (year-end effective interest rate of 4.6% in 2017 )
 
 
 
less unamortized issuance cost of $8.8 million in 2017
591.2

 

Revolving Facility (year-end weighted average interest rate of 1.8% in 2016)

 
55.8

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

 
85.6

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

 
65.6

Other primarily non-U.S. dollar-denominated facilities (year-end weighted-
 
 
 
average interest rate of 4.4% in 2017 and 6.9% in 2016)
12.0

 
6.4

Capital leases (year-end weighted-average interest rate of 5.0% in 2017 and 4.2% in 2016)
96.9

 
67.0

Total long-term debt
$
1,191.5

 
280.4

 
 
 
 
Total Debt
$
1,236.7

 
443.2

 
 
 
 
Included in:
 
 
 
Current liabilities
$
97.1

 
195.6

Noncurrent liabilities
1,139.6

 
247.6

Total debt
$
1,236.7

 
443.2



(a)
These 2017 and 2016 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
 
 
 
 
 
 
2018
$
22.6

 
29.3

 
51.9

2019
18.4

 
27.7

 
46.1

2020
16.7

 
26.5

 
43.2

2021
15.0

 
25.2

 
40.2

2022
12.8

 
393.9

 
406.7

Later years
11.4

 
603.1

 
614.5

Total
$
96.9

 
1,105.7

 
1,202.6

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)
2017
 
2016
 
 
 
 
Asset class:
 
 
 
Buildings
$
2.2

 
2.0

Vehicles
175.7

 
131.8

Machinery and equipment
1.5

 
1.4

 
179.4

 
135.2

Less: accumulated amortization
(76.4
)
 
(63.5
)
Total
$
103.0

 
71.7