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Financing Arrangements (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Short-Term Debt | Short-term debt at September 30, 2025 and December 31, 2024 was as follows:
| September 30, 2025 | December 31, 2024
Borrowings under lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 2.58% to 7.81% at September 30, 2025 and 3.36% to 3.95% at December 31, 2024 | $ | 12.0 |  | $ | 8.7 |
Short-term debt | $ | 12.0 |  | $ | 8.7 |
Schedule of Long-Term Debt | Long-term debt at September 30, 2025 and December 31, 2024 was as follows:
| September 30, 2025 | December 31, 2024
Fixed-rate Euro Senior Unsecured Notes(1), maturing on September 7, 2027, with an interest rate of 2.02% | $ | 176.0 |  | $ | 155.3 |
Variable-rate Term Loan(1), maturing on December 5, 2027, with an interest rate of 5.39% at September 30, 2025 and 5.58% at December 31, 2024 | 309.8 |  | 369.6 |
Fixed-rate Medium-Term Notes, Series A(1), maturing at various dates through May 2028, with interest rates ranging from 6.74% to 7.76% | 154.8 |  | 154.8 |
Fixed-rate Senior Unsecured Notes(1), maturing on December 15, 2028, with an interest rate of 4.50% | 398.4 |  | 398.1 |
Fixed-rate Senior Unsecured Notes(1), maturing on April 1, 2032, with an interest rate of 4.13% | 346.1 |  | 345.1 |
Fixed-rate Euro Senior Unsecured Notes(1), maturing on May 23, 2034, with an interest rate of 4.13% | 694.2 |  | 609.7 |
Fixed-rate Euro Bank Loan, maturing on June 30, 2033, with an interest rate of 2.15% | 11.3 |  | 10.6 |
Other | 10.2 |  | 10.8 |
Total debt | $ | 2,100.8 |  | $ | 2,054.0 |
Less: current maturities | 9.4 |  | 4.3 |
Long-term debt | $ | 2,091.4 |  | $ | 2,049.7 |
(1) Net of discounts and fees
Schedule of Maturities of Long-Term Debt | The maturities of long-term debt (including $8.2 million of finance leases) subsequent to September 30, 2025 are as follows:
Year |
2025 | $ | 1.6 |
2026 | 14.7 |
2027 | 514.8 |
2028 | 522.8 |
2029 | 2.5 |
2030 | 1.9 |
Thereafter | 1,058.2 |

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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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