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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
December 31,
(In millions)20202019
Debt:
Short-term borrowings
Restricted cash borrowings (year-end weighted-average interest rate of 0.0% in 2020 and 0.0% in 2019(a)
$ 10.3 
Other (year-end weighted-average interest rate of 5.4% in 2020 and 8.8% in 2019)
14.2 4.0 
Total short-term borrowings$14.2 14.3 
Long-term debt
Bank credit facilities:
Term loan A (year-end effective interest rate of 2.1% in 2020 and 3.5% in 2019)
less unamortized issuance cost of $5.4 million in 2020 and $3.0 million in 2019
$1,292.4 767.0 
Senior unsecured notes (year-end effective interest rate of 4.6% and 5.5% respectively for "2017 Senior Notes" and "2020 Senior Notes" in 2020 and 4.6% in 2019)
less unamortized issuance cost of $12.5 million in 2020 and $7.1 million in 2019
987.5 592.9 
Revolving Credit Facility (year-end weighted average interest rate of 3.5% in 2019)
 115.0 
Other primarily non-U.S. dollar-denominated facilities (year-end weighted-  
average interest rate of 1.9% in 2020 and 7.0% in 2019)
40.2 4.9 
Financing leases (year-end weighted-average interest rate of 4.0% in 2020 and 4.9% in 2019)
151.4 149.5 
Total long-term debt$2,471.5 1,629.3 
Total Debt$2,485.7 1,643.6 
Included in:  
Current liabilities$151.5 88.8 
Noncurrent liabilities2,334.2 1,554.8 
Total debt$2,485.7 1,643.6 

(a)The 2019 amount is for a short-term borrowing related to cash borrowed under lending arrangements used in the process of managing customer cash supply chains, which has been classified as restricted cash and not available for general corporate purposes. In the third quarter of 2020, due to the change of contractual agreements, these funds no longer fall under the definition of restricted cash borrowings. See Note 20 for more details.
Schedule of Minimum Repayments of Long-term Debt
Minimum repayments of long-term debt are as follows:
(In millions) Financing leasesOther long-term debtTotal
2021$37.5 99.8 137.3 
202236.2 70.8 107.0 
202328.8 71.0 99.8 
202422.3 1,090.5 1,112.8 
202514.4 404.6 419.0 
Later years12.2 601.3 613.5 
Total$151.4 2,338.0 2,489.4 
Schedule of Financing Lease Asset Classes
Property and equipment acquired under financing leases are included in property and equipment as follows:
December 31,
(In millions)20202019
Asset class:  
Buildings$4.1 4.1 
Vehicles276.9 267.5 
Machinery and equipment17.4 5.1 
 298.4 276.7 
Less: accumulated amortization(128.9)(114.2)
Total$169.5 162.5