XML 45 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Short-term debt Short-term debt at June 30, 2018 and December 31, 2017 was as follows:
 
June 30,
2018
December 31,
2017
Variable-rate Accounts Receivable Facility with an interest rate of 2.93% at June 30, 2018 and 2.15% at December 31, 2017
$
96.4

$
62.9

Borrowings under variable-rate lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 0.32% to 1.10% at June 30, 2018 and 0.32% to 2.22% at December 31, 2017
65.9

42.5

Short-term debt
$
162.3

$
105.4

Long-term debt Long-term debt at June 30, 2018 and December 31, 2017 was as follows:
 
June 30,
2018
December 31,
2017
Fixed-rate Medium-Term Notes, Series A, maturing at various dates through May 2028, with interest rates ranging from 6.74% to 7.76%
$
154.6

$
154.5

Fixed-rate Senior Unsecured Notes, maturing on September 1, 2024, with an interest rate of 3.875%
347.3

346.9

Variable-rate Senior Credit Facility with a weighted-average interest rate of 2.26% at June 30, 2018 and 1.83% at December 31, 2017
94.6

52.0

Fixed-rate Euro Senior Unsecured Notes, maturing on September 7, 2027, with an interest rate of 2.02%
174.6

179.3

Variable-rate Euro Term Loan with an interest rate of 1.13% at June 30, 2018 and December 31, 2017
109.1

119.7

Other
3.9

4.5

 
884.1

856.9

Less: Current maturities
2.7

2.7

Long-term debt
$
881.4

$
854.2