Debt and Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Debt and Lease Commitments

December 31 (dollars in millions)	2017		2016
Bank credit lines, average year-end interest rates of 2.5% for 2017 and 2.4% for 2016	$	15.9	$	23.6
Revolving credit agreement borrowings, average year-end interest rates of 2.5% for 2017 and 1.7% for 2016		190.0		80.0
Commercial paper, average year-end interest rates of 1.7% for 2017 and 1.1% for 2016		77.0		85.6
Term notes with insurance companies, expiring 2029-2034, average year-end interest rates of 3.4% for 2017 and 3.5% for 2016		122.7		125.5
Canadian term notes with insurance companies, expiring through 2018, average year-end interest rates of 5.3% for 2017 and 2016		4.8		8.9
		410.4		323.6
Less long-term debt due within one year		7.5		7.2
Long-term debt	$	402.9	$	316.4

Schedule of Maturities of Long Term Debt

Scheduled maturities of long-term debt within each of the five years subsequent to December 31, 2017 are as follows:

Years ending December 31 (dollars in millions)	Amount
2018	$	7.5
2019		—
2020		6.8
2021		290.0
2022		6.8

Schedule of Future Minimum Payments Under Non Cancelable Operating Leases

Future minimum payments under non-cancelable operating leases relating mostly to office, manufacturing and warehouse facilities total $47.5 million and are due as follows:

Years ending December 31 (dollars in millions)	Amount
2018	$	20.2
2019		4.9
2020		3.6
2021		3.1
2022		2.5
Thereafter		13.2