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Debt Short-Term Borrowings and Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Short-term borrowings and long-term debt obligations are composed of the following.


($ in millions)			June 30, 2021			December 31, 2020
Short-term borrowings:
Local overdraft facilities			$	8.0		12.0
Other short-term borrowings			94.5			50.0
Total short-term borrowings			$	102.5		62.0
Credit facility, net of debt issuance costs of $13.3 and $8.7			336.7			(8.7)
Long-term senior notes, 4.4%, face amount of $275.0, due November 2022, net of debt issuance costs of $0.4 and $0.8			274.6			274.2
Long-term senior notes, 1.96%, face amount of €175.0, due June 2027, net of debt issuance costs of $0.8 and $0.8			206.7			213.9
Long-term senior notes, 2.21%, face amount of €175.0, due June 2029, net of debt issuance costs of $0.9 and $0.9			206.6			213.9
Total debt			$	1,127.1		755.3

Schedule of Credit Facility, Average Outstanding Amount [Table Text Block]

The following tables provides additional information on our Facility.


			Three Months Ended June 30,						Six Months Ended June 30,
($ in millions)			2021			2020			2021			2020
Average outstanding borrowings under the Facility			$	612.5		1,351.5			$	399.6		1,143.4
Effective interest rate on the Facility			1.0		%	1.4		%	1.0		%	1.8		%