Lines of Credit and Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2023

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 June 30, 2023		As of December 31, 2022
Current maturities of long-term debt:
Asset securitization program	$	400.0	$	350.0
Finance lease obligations	11.5		11.2
Senior unsecured notes	350.0		350.0
Debt issuance costs	(0.2)		(0.6)
Total current maturities of long-term debt	$	761.3	$	710.6
Long-Term Debt:
Finance lease obligations	31.0		28.3
Credit agreement	192.0		192.0
Senior unsecured notes	600.0		600.0
Debt issuance costs	(5.3)		(6.1)
Total long-term debt	$	817.7	$	814.2
Total debt	$	1,579.0	$	1,524.8

Eligible amounts available and beneficial interests sold

	As of June 30, 2023		As of December 31, 2022
Eligible amount available under the ASP on qualified accounts receivable	$	400.0	$	350.0
Less: Beneficial interest transferred	(400.0)		(350.0)
Remaining amount available	$	—	$	—

Summary of weighted average borrowing rate facility

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

	As of June 30, 2023		As of December 31, 2022
Weighted average borrowing rate	6.46	%	5.57	%