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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Debt and Average Interest Rates on Debt Outstanding
Debt and the average interest rates on debt outstanding were as follows: 
In millionsAverage interest rate as of June 30, 2022Maturity
Year
June 30,
2022
December 31,
2021
Revolving credit facilities2.300%2026$215.0 $195.0 
Term loans3.030%2024200.0 200.0 
Senior notes - fixed rate (1)
3.150%202288.3 88.3 
Senior notes - fixed rate (1)
4.650%202519.3 19.3 
Senior notes - fixed rate (1)
4.500%2029400.0 400.0 
Unamortized debt issuance costs and discountsN/AN/A(11.1)(8.5)
Total debt$911.5 $894.1 
(1) Senior notes are guaranteed as to payment by Pentair plc.
Debt Outstanding Matures on Calendar Year Basis
Debt outstanding, excluding unamortized issuance costs and discounts, at June 30, 2022 matures on a calendar year basis as follows:
 Q3-Q4       
In millions202220232024202520262027ThereafterTotal
Contractual debt obligation maturities
$88.3 $— $200.0 $19.3 $215.0 $— $400.0 $922.6