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Lines of Credit and Financing Arrangements (Tables) | 3 Months Ended
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Mar. 31, 2024
Debt Disclosure [Abstract] |
Summary of outstanding debt obligations | The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions) as of:
| March 31, 2024 |  | December 31, 2023
Commercial paper | $ | 250.0 |  |  | $ | 150.0 |
Current maturities of long-term debt: |  |  |
Finance lease obligations | $ | 22.5 |  |  | $ | 12.1 |
Total current maturities of long-term debt | $ | 22.5 |  |  | $ | 12.1 |
Long-Term Debt: |  |  |
Finance lease obligations | $ | 50.5 |  |  | $ | 32.7 |
Credit agreement | 12.0 |  |  | 20.0 |
Senior unsecured notes | 1,100.0 |  |  | 1,100.0 |
Debt issuance costs | (8.8) |  |  | (9.6) |
Total long-term debt | $ | 1,153.7 |  |  | $ | 1,143.1 |
Total debt | $ | 1,426.2 |  |  | $ | 1,305.2 |
Summary of weighted average borrowing rate facility | Our weighted average borrowing rate on the Program was as follows as of:
| March 31, 2024 |  | December 31, 2023
Weighted average borrowing rate | 5.56 | % |  | 5.66 | %
Our weighted average borrowing rate on the facility was as follows as of:
| March 31, 2024 |  | December 31, 2023
Weighted average borrowing rate | 6.66 | % |  | 6.67 | %

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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