XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Financing Arrangements (Tables)
 9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Short-term debt Short-term debt at September 30, 2017 and December 31, 2016 was as follows:
 
September 30,
2017
December 31,
2016
Variable-rate Accounts Receivable Facility with an interest rate of 2.07% at September 30, 2017
$
5.6

$
—

Borrowings under variable-rate lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 0.32% to 1.75% at September 30, 2017 and 0.50% at December 31, 2016, respectively
35.5

19.2

Short-term debt
$
41.1

$
19.2
Long-term debt Long-term debt at September 30, 2017 and December 31, 2016 was as follows:
 
September 30,
2017
December 31,
2016
Fixed-rate Medium-Term Notes, Series A, maturing at various dates through May 2028, with interest rates ranging from 6.74% to 7.76%
$
159.5

$
159.5

Fixed-rate Senior Unsecured Notes, maturing on September 1, 2024, with an interest rate of 3.875%
346.6

345.9

Variable-rate Senior Credit Facility with a weighted-average interest rate of 1.59% at September 30, 2017 and 1.50% at December 31, 2016
91.2

83.8

Variable-rate Accounts Receivable Facility with an interest rate of 2.07% at September 30, 2017 and 1.65% at December 31, 2016
69.2

48.9

Fixed-rate Euro Senior Unsecured Notes, maturing on September 7, 2027, with an interest rate of 2.02%
176.5

—

Variable-rate Euro Term Loan with an interest rate of 1.13% at September 30, 2017
117.8

—

Other
4.0

1.9

 
$
964.8

$
640.0

Less: Current maturities
5.0

5.0

Long-term debt
$
959.8

$
635.0