XML 43 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Financing Arrangements (Tables)
 6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Short-term debt
Short-term debt at June 30, 2021 and December 31, 2020 was as follows:
June 30,
2021		December 31,
2020
Variable-rate Accounts Receivable Facility with an interest rate of 0.96% at December 31, 2020
$— $58.0 
Borrowings under lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 0.50% to 2.10% at June 30, 2021 and 0.24% to 1.75% at December 31, 2020
76.0 61.8 
Short-term debt$76.0 $119.8 
Long-term debt
Long-term debt at June 30, 2021 and December 31, 2020 was as follows:
June 30,
2021		December 31,
2020
Variable-rate Senior Credit Facility with an average interest rate on U.S. Dollar of 1.46% and Euro of 1.48% at June 30, 2021 and U.S. Dollar of 2.01% and Euro of 1.48% at December 31, 2020
$9.4 $9.7 
Variable-rate Term Loan(1), maturing on September 11, 2023, with an interest rate of 1.35% at June 30, 2021 and 1.63% at December 31, 2020
325.4 329.6 
Fixed-rate Senior Unsecured Notes(1), maturing on September 1, 2024, with an interest rate of 3.875%
349.3 349.0 
Fixed-rate Euro Senior Unsecured Notes(1), maturing on September 7, 2027, with an interest rate of 2.02%
177.6 182.9 
Fixed-rate Senior Unsecured Notes(1), maturing on December 15, 2028, with an interest rate of 4.50%
396.7 396.5 
Fixed-rate Medium-Term Notes, Series A(1), maturing at various dates through May 2028, with interest rates ranging from 6.74% to 7.76%
154.7 154.7 
Fixed-rate Bank Loan, maturing on June 30, 2033, with an interest rate of 2.15%
17.5 18.8 
Other4.8 3.6 
Total debt$1,435.4 $1,444.8 
Less: Current maturities11.1 10.9 
Long-term debt$1,424.3 $1,433.9 
(1) Net of discounts and fees