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Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of long-term debt Debt consists of the following:
Carrying Value at
Maturity DateInterest Rate at
December 31, 2020
December 31, 2020December 31, 2019
Senior Notes due 2027April 15, 20276.625 %$350.0 $350.0 
Revolving credit facilityNovember 26, 20241.35 %143.7 173.2 
Industrial Equipment Group European FacilitiesDecember 21, 20213.25 %— 4.6 
Finance leasesVariousVarious18.7 17.2 
OtherVariousVarious22.3 23.5 
Total debt534.7 568.5 
Less: Current portion of long-term debt and short-term debt(11.6)(16.8)
Less: Unamortized debt issuance costs(5.3)(6.5)
Total long-term debt, net
$517.8 $545.2 
Fair value of debt
The following table represents fair value information of the Notes, classified as Level 1, at December 31, 2020 and 2019. The fair value was estimated using quoted market prices.

December 31, 2020December 31, 2019
Carrying amount$350.0 $350.0 
Fair value$361.8 $358.3 
Maturities of long-term debt Maturities of short-term and long-term debt, excluding finance leases, during each of the five years subsequent to December 31, 2020 are as follows:
2021$4.5 
2022$4.2 
2023$3.9 
2024$147.1 
2025$2.6