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Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Short-term debt
Short-term debt at June 30, 2019 and December 31, 2018 was as follows:
 
June 30,
2019
December 31,
2018
Borrowings under variable-rate lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 0.34% to 3.50% at June 30, 2019 and 0.29% to 1.00% at December 31, 2018
$
37.3

$
33.6

Short-term debt
$
37.3

$
33.6


Long-term debt
Long-term debt at June 30, 2019 and December 31, 2018 was as follows:
 
June 30,
2019
December 31,
2018
Variable-rate Senior Credit Facility with an average interest rate on U.S. Dollar of 3.57% and Euro of 1.09% at June 30, 2019 and 3.40% and 1.10%, respectively, at December 31, 2018
$
54.6

$
43.9

Variable-rate Euro Term Loan(1), maturing on September 18, 2020, with an interest rate of 1.13% at June 30, 2019 and December 31, 2018
81.8

107.1

Variable-rate Accounts Receivable Facility, with an interest rate of 3.32% at June 30, 2019 and 3.22% at December 31, 2018
100.0

75.0

Variable-rate Term Loan(1), maturing on September 11, 2023, with an interest rate of 3.65% at June 30, 2019 and 3.77% at December 31, 2018
342.8

347.1

Fixed-rate Senior Unsecured Notes(1), maturing on September 1, 2024, with an interest rate of 3.875%
348.1

347.7

Fixed-rate Euro Senior Unsecured Notes(1), maturing on September 7, 2027, with an interest rate of 2.02%
170.1

171.4

Fixed-rate Senior Unsecured Notes(1), maturing on December 15, 2028, with an interest rate of 4.50%
395.9

395.8

Fixed-rate Medium-Term Notes, Series A(1), maturing at various dates through May 2028, with interest rates ranging from 6.74% to 7.76%
154.6

154.6

Other
3.7

5.4

 
1,651.6

1,648.0

Less: Current maturities
9.0

9.4

Long-term debt
$
1,642.6

$
1,638.6