Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt consists of the following:

				Carrying Value at
	Maturity Date	Interest Rate at March 31, 2018		March 31, 2018			December 31, 2017
				(In millions)
Senior Notes due 2027	April 15, 2027	6.625	%	$	350.0		$	350.0
Revolving credit facility	April 17, 2022	3.33	%	172.0			124.7
Industrial Equipment Group European Facilities	December 21, 2021	3.25	%	27.7			27.0
Capital Leases	Various	Various		19.3			20.3
Other	Various	Various		22.6			19.9
Gross debt				591.6			541.9
Less current portion of long-term and short-term debt				(14.5		)	(17.7		)
Less unamortized debt issuance costs				(8.4		)	(8.7		)
Total long-term debt, net				$	568.7		$	515.5

Fair value of debt

The following table represents fair value information of the Notes, classified as Level 1 using estimated quoted market prices.

	March 31, 2018		December 31, 2017
	(In millions)
Carrying amount	$	350.0	$	350.0
Fair value	$	360.2	$	380.6