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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
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) | 2024 |  | 2023
2022 Credit Agreement | $ | 210.9 |  |  | $ | 297.4 |
Finance lease obligations | 12.9 |  |  | 1.6 |
Total long-term borrowings and finance lease obligations, including current portion | 223.8 |  |  | 299.0 |
Less: Current maturities | 7.0 |  |  | 3.9 |
Less: Current finance lease obligations | 12.4 |  |  | 0.8 |
Total long-term borrowings and finance lease obligations | $ | 204.4 |  |  | $ | 294.3 |
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:
| 2024 |  | 2023
(in millions of dollars) | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Long-term borrowings and finance lease obligations (a) | $ | 223.8 |  |  | $ | 223.8 |  |  | $ | 299.0 |  |  | $ | 299.0 |
(a) Includes current portions of long-term borrowings and finance lease obligations aggregating to $19.4 million and $4.7 million as of December 31, 2024 and 2023, 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) | 2024 |  | 2023 |  | 2022
Gross borrowings | $ | 18.0 |  |  | $ | 134.3 |  |  | $ | 137.0 |
Gross payments | 94.5 |  |  | 198.4 |  |  | 55.8 |

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