Debt and Other Obligations (Tables)

6 Months Ended

Jun. 30, 2026

Debt Disclosure [Abstract]

Schedule of Debt and Other Obligations

Debt and other obligations are as follows:

	June 30, 2026		December 31, 2025
	(In millions)
Current
Current portion of Term-Loan	$	1.5	$	3.0
Deferred debt issuance costs - Term-Loan	(0.8)		(0.9)
Current portion of China Term-Loan	13.5		13.1
Other short-term debt and obligations	342.6		289.8
Current portion of long-term debt and other financial liabilities	356.8		305.0
Non-current
Term-Loan	620.1		636.7
Deferred debt issuance costs - Term-Loan	(1.0)		(1.5)
China Term-Loan	33.8		39.3
Long-term debt, net	652.9		674.5
Total	$	1,009.7	$	979.5

Schedule of Other Short-Term Debt and Obligations

Other short-term debt and obligations are as follows:

	June 30, 2026		December 31, 2025
	(In millions)
Revolving Credit Facility	$	125.3	$	58.8
Ancillary Credit Facilities
OEC GmbH outstanding borrowings	127.1		127.9
OEC LLC outstanding borrowings	12.5		19.4
OEC Huaibei outstanding borrowings	—		4.6
Korea Working Capital Loans (capacity $46.7 million)
Uncommitted	1.6		1.7
Committed	12.9		17.3
China Working Capital Loans (capacity $18.0 million)	14.3		17.1
Repurchase Agreement	48.9		43.0
Total of Other Short-term Debt and Obligations	$	342.6	$	289.8
Supplemental information:
Total ancillary capacity - EUR	€	234.0	€	234.0
Total ancillary capacity - U.S. Dollars	$	266.6	$	275.0