Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Debt and Average Interest Rates on Debt Outstanding

Debt and the average interest rates on debt outstanding were as follows: 

In millions	Average interest rate as of March 31, 2025	Maturity Year	March 31, 2025		December 31, 2024
Revolving credit facility (Senior Credit Facility)	5.523%	2026	$	205.7	$	9.5
Term Loan Facility	5.657%	2023 - 2027	825.0		825.0
Senior notes - fixed rate (1)	4.650%	2025	19.3		19.3
Senior notes - fixed rate (1)	4.500%	2029	400.0		400.0
Senior notes - fixed rate (1)	5.900%	2032	400.0		400.0
Other	N/A	2025	—		9.3
Unamortized debt issuance costs and discounts	N/A	N/A	(14.3)		(15.1)
Total debt			1,835.7		1,648.0
Less: Current maturities of short-term borrowings			—		9.3
Long-term debt			$	1,835.7	$	1,638.7
(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 March 31, 2025 matures on a calendar year basis as follows:

	Q2 - Q4
In millions	2025		2026		2027		2028		2029		2030		Thereafter		Total
Contractual debt obligation maturities	$	19.3	$	205.7	$	825.0	$	—	$	400.0	$	—	$	400.0	$	1,850.0