XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.23.3

Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
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 at September 30, 2023 | Maturity Year | September 30, 2023 | December 31, 2022
Revolving credit facility | N/A | 2026 | $ | — |  | $ | — |
2021 Term loan facility | 6.673% | 2026 | 277.5 |  | 288.8 |
2023 Term loan facility | 7.049% | 2028 | 296.3 |  | — |
Senior notes - fixed rate | 4.550% | 2028 | 500.0 |  | 500.0 |
Senior notes - fixed rate | 2.750% | 2031 | 300.0 |  | 300.0 |
Senior notes - fixed rate | 5.650% | 2033 | 500.0 |  | — |
Unamortized debt issuance costs and discounts | N/A | N/A | (12.3) |  | (5.6) |
Total debt |  |  | 1,861.5 |  | 1,083.2 |
Less: Current maturities and short-term borrowings |  |  | (30.0) |  | (15.0) |
Long-term debt |  |  | $ | 1,831.5 |  | $ | 1,068.2 |
Debt Outstanding Matures on Calendar Year Basis | Debt outstanding at September 30, 2023, excluding unamortized issuance costs and discounts, matures on a calendar year basis as follows:
| Q4 |  |  |  |  |  |  |
In millions | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | Thereafter | Total
Contractual debt obligation maturities | $ | 7.5 |  | $ | 31.9 |  | $ | 37.5 |  | $ | 253.1 |  | $ | 22.5 |  | $ | 721.3 |  | $ | 800.0 |  | $ | 1,873.8 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration