Lines of Credit and Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Summary of outstanding debt obligations

The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions) as of:

	March 31, 2026		December 31, 2025
Commercial paper	$	361.0	$	226.0
Current maturities of long-term debt:
Finance lease obligations	$	18.2	$	18.3
Total current maturities of long-term debt	$	18.2	$	18.3
Long-Term Debt:
Finance lease obligations	$	50.1	$	50.6
Term Loan	300.0		300.0
Senior unsecured notes	800.0		800.0
Debt issuance costs	(6.0)		(6.5)
Total long-term debt	$	1,144.1	$	1,144.1
Total debt	$	1,523.3	$	1,388.4

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the Program was as follows as of:

	March 31, 2026		December 31, 2025
Weighted average borrowing rate	4.20	%	3.98	%

The Term Credit Agreement contains customary covenants and events of default that are substantially similar to the existing covenants and events of default in our Credit Agreement.

	March 31, 2026		December 31, 2025
Weighted average borrowing rate	4.60	%	4.90	%

Our weighted average borrowing rate on the Credit Agreement was as follows as of:

	March 31, 2026		December 31, 2025
Weighted average borrowing rate	—	%	—	%