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Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt [Abstract]  
Debt
The Company’s debt as of September 30, 2018 and December 31, 2017 is summarized as follows.

   
September 30,
2018
  
December 31,
2017
 
Short-term borrowings
 
$
-
  
$
-
 
Long-term debt
        
Revolving credit facility, due 2020
 
$
-
  
$
-
 
Receivables financing agreement, due 2020
  
-
   
-
 
Term loan denominated in U.S. dollars, due 2024 (1)
  
1,025.9
   
1,282.3
 
Term loan denominated in Euros, due 2024 (2)
  
706.7
   
735.9
 
Capitalized leases and other long-term debt
  
26.4
   
26.9
 
Unamortized debt issuance costs
  
(3.7
)
  
(4.9
)
Total long-term debt, net, including current maturities
  
1,755.3
   
2,040.2
 
Current maturities of long-term debt
  
7.9
   
20.9
 
Total long-term debt, net
 
$
1,747.4
  
$
2,019.3
 


(1)
As of September 30, 2018, the applicable interest rate was 4.99% and the weighted-average rate was 4.78% for the nine month period ended September 30, 2018.


(2)
As of September 30, 2018, the applicable interest rate was 3.00% and the weighted-average rate was 3.00% for the nine month period ended September 30, 2018.