XML 50 R37.htm IDEA: XBRL DOCUMENT v3.24.0.1
Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of long-term debt
Debt consists of the following:
Carrying Value at
Maturity DateInterest Rate at
December 31, 2023
December 31, 2023December 31, 2022
Senior Notes due 2027April 15, 20276.625 %$350.0 $350.0 
Revolving credit facilityJanuary 14, 2027
6.94% - 7.19%
263.5 285.3 
Finance leasesVariousVarious16.3 18.5 
OtherVariousVarious15.9 15.3 
Total debt645.7 669.1 
Less: Current portion of long-term debt and short-term debt(9.4)(10.9)
Less: Unamortized debt issuance costs(2.9)(3.1)
Total long-term debt, net
$633.4 $655.1 
Fair value of debt
The following table represents fair value information of the Notes, classified as Level 1, at December 31, 2023 and 2022. The fair value was estimated using quoted market prices.
December 31, 2023December 31, 2022
Carrying amount$350.0 $350.0 
Fair value$330.2 $227.5 
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, 2023 are as follows:
2024$5.5 
2025$5.1 
2026$2.8 
2027$614.2 
2028$0.9