Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Short-Term Debt

Short-term debt as of December 31, 2022 and 2021 was as follows:

	2022		2021
Borrowings under lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 2.38% to 5.50% at December 31, 2022 and 0.50% to 2.00% at December 31, 2021	46.3		42.6
Short-term debt	$	46.3	$	42.6

Schedule of Long-Term Debt

Long-term debt as of December 31, 2022 and 2021 was as follows:

	2022		2021
Variable-rate Senior Credit Facility with an average interest rate on U.S. Dollar of 5.10% and Euro of 2.21% at December 31, 2022 and 1.09% and 1.00%, respectively, at December 31, 2021	$	8.5	$	9.0
Variable-rate Accounts Receivable Facility, with an interest rate of 5.01% at December 31, 2022.	85.0		—
Variable-rate Term Loan(1), maturing on December 5, 2027, with an interest rate of 5.55% at December 31, 2022 and of 1.23% at December 31, 2021	399.1		321.1
Fixed-rate Senior Unsecured Notes(1), maturing on September 1, 2024, with an interest rate of 3.875%	349.8		349.5
Fixed-rate Euro Senior Unsecured Notes(1), maturing on September 7, 2027, with an interest rate of 2.02%	160.4		170.3
Fixed-rate Senior Unsecured Notes(1), maturing on December 15, 2028, with an interest rate of 4.50%	397.2		396.9
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%	154.8		154.7
Fixed-rate Senior Unsecured Notes(1), maturing on April 1, 2032, with an interest rate of 4.125%	342.1		—
Fixed-rate Euro Bank Loan, maturing on June 30, 2033, with an interest rate of 2.15%	13.6		15.8
Other	6.4		5.0
Total debt	$	1,916.9	$	1,422.3
Less current maturities	2.7		11.2
Long-term debt	$	1,914.2	$	1,411.1

(1) Net of discount and fees

Schedule of Maturities of Long-term Debt

The maturities of long-term debt (including $3.2 million of finance leases) for the years subsequent to December 31, 2022 are as follows:

Year
2023	$	2.7
2024	442.0
2025	26.6
2026	51.4
2027	529.0
Thereafter	877.1