XML 70 R34.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt Schedule of Long-term Debt Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Debt Instrument [Line Items]  
Schedule of Debt [Table Text Block]
Debt is composed of the following obligations.
December 31,
($ in millions)20232022
Local overdraft facilities$13.4 21.2 
Other short-term borrowings134.5 143.0 
Short-term borrowings$147.9 164.2 
Credit facility, net of debt issuance costs of $14.4 and $11.2
610.6 1,213.8 
Long-term senior notes, 1.96%, face amount of €175.0, due June 2027, net of debt issuance costs of $0.4 and $0.5
193.3 186.5 
Long-term senior notes, 6.875%, face amount of $400.0, due December 2028, net of debt issuance costs of $7.1 and $—
392.9 — 
Long-term senior notes, 2.21%, face amount of €175.0, due June 2029, net of debt issuance costs of $0.6 and $0.7
193.1 186.3 
Total debt$1,537.8 1,750.8 
Schedule of Credit Facility, Average Outstanding Amount [Table Text Block]
Year Ended December 31,
($ in millions)20232022
Average outstanding borrowings$1,875.9 1,399.1 
Average effective interest rate5.9 %2.9 %