Lines of Credit and Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2021

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 September 30, 2021		As of December 31, 2020
Current maturities of long-term debt:
Asset securitization program	$	290.0	$	—
Finance lease obligations	10.6		10.1
Debt issuance costs	—		(0.2)
Total current maturities of long-term debt	$	300.6	$	9.9
Long-Term Debt:
Finance lease obligations	27.8		29.3
Domestic credit facility	9.0		—
Senior unsecured notes	950.0		950.0
Debt issuance costs	(9.2)		(8.6)
Total long-term debt	$	977.6	$	970.7
Total debt	$	1,278.2	$	980.6

Eligible amounts available and beneficial interests sold

	As of September 30, 2021		As of December 31, 2020
Eligible amount available under the ASP on qualified accounts receivable	$	369.8	$	279.1
Less: Beneficial interest transferred	(290.0)		—
Remaining amount available	$	79.8	$	279.1

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the facility was as follows:

	As of September 30, 2021		As of December 31, 2020
Weighted average borrowing rate	1.38	%	—	%