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v3.23.2

Debt Short-Term Borrowings and Long-Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | Debt is composed of the following obligations.
($ in millions) | June 30, 2023 | December 31, 2022
Short-term debt: |  |
Local overdraft facilities | $ | 13.0 |  | 21.2 |
Other short-term borrowings | 99.1 |  | 143.0 |
Total short-term debt | $ | 112.1 |  | 164.2 |
Credit facility, net of debt issuance costs of $9.5 and $11.2 | 1,840.5 |  | 1,213.8 |
Long-term senior notes, 1.96%, face amount of €175.0, due June 2027, net of debt issuance costs of $0.5 and $0.5 | 190.4 |  | 186.5 |
Long-term senior notes, 2.21%, face amount of €175.0, due June 2029, net of debt issuance costs of $0.6 and $0.6 | 190.3 |  | 186.3 |
Total debt | $ | 2,333.3 |  | 1,750.8 |
Schedule of Credit Facility, Average Outstanding Amount [Table Text Block] |
| Three Months Ended June 30, | Six Months Ended June 30,
($ in millions) | 2023 | 2022 | 2023 | 2022
Average outstanding borrowings | $ | 2,315.8 |  | 1,581.9 |  | $ | 2,019.5 |  | 1,135.0 |
Average effective interest rate | 5.9 | % | 1.6 | % | 5.7 | % | 1.4 | %

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- Definition Schedule of Credit Facility, Average Outstanding Amount [Table Text Block] + References No definition available. + Details
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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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