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Debt (Tables)

12 Months Ended

Dec. 31, 2023

Line of Credit Facility [Line Items]

Summary of Components of Long-Term Borrowings and Finance Lease Obligations

The following table summarizes the components of Long-term borrowings and finance lease obligations:

(in millions of dollars)			2023						2022
2022 Credit Agreement			$	297.4					$	361.0
Finance lease obligations			1.6						2.0
Total long-term borrowings and finance lease obligations, including current portion			299.0						363.0
Less: Current maturities			3.9						0.8
Less: Current finance lease obligations			0.8						0.7
Total long-term borrowings and finance lease obligations			$	294.3					$	361.5

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The following table summarizes the carrying amounts and fair values of the Company’s financial instruments:

			2023												2022
(in millions of dollars)			Notional Amount						Fair Value						Notional Amount						Fair Value
Long-term borrowings and finance lease obligations (a)			$	299.0					$	299.0					$	363.0					$	363.0

(a)    Includes current portions of long-term borrowings and finance lease obligations aggregating to $4.7 million and $1.5 million as of December 31, 2023 and 2022, respectively.

Schedule of Gross Borrowings and Gross Payments

The following table summarizes the gross borrowings and gross payments under the Company’s revolving credit facilities:

			For the Years Ended December 31,
(in millions of dollars)			2023						2022						2021
Gross borrowings			$	134.3					$	137.0					$	214.0
Gross payments			198.4						55.8						143.5

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- Definition

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Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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