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Debt (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Outstanding Debt
The following table summarizes our outstanding debt obligations.
As of December 3120222021
Commercial paper(a)
$448.3 $195.4 
Short-term loans0.5 — 
Current maturities of long-term debt2.2 2.2 
Commercial paper and current maturities of long-term debt451.0 197.6 
Non-current maturities of long-term debt7.7 9.9 
Total debt$458.7 $207.5 
(a)The increase in commercial paper outstanding from December 31, 2021 to December 31, 2022 was primarily related to funding our share repurchase activity and our acquisition of Habonim. See Note 18, Capital Stock, and Note 23, Acquisitions and Investments, for additional information.
Schedule of Commercial Paper
The following table presents our outstanding commercial paper borrowings and associated weighted average interest rates.
As of or for the Year Ended December 3120222021
Commercial Paper Outstanding - U.S. Program$299.2 $150.0 
Commercial Paper Outstanding - Euro Program149.1 45.4 
   Total Commercial Paper Outstanding$448.3 195.4 
Weighted Average Interest Rate - U.S. Program4.92 %0.28 %
Weighted Average Interest Rate - Euro Program2.31 %(0.47)%
Outstanding commercial paper for both periods had maturity terms less than three months from the date of issuance.