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v3.26.1

Financing Arrangements (Tables) | 6 Months Ended
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Jun. 30, 2026
Debt Disclosure [Abstract] |
Schedule of Short-Term Debt | Short-term debt at June 30, 2026 and December 31, 2025 was as follows:
| June 30, 2026 |  | December 31, 2025
Borrowings under lines of credit for certain of the Company’s foreign subsidiaries with various banks with interest rates ranging from 2.85% to 5.62% at June 30, 2026 and 2.59% to 2.68% at December 31, 2025 | $ | 26.3 |  |  | $ | 24.5 |
Short-term debt | $ | 26.3 |  |  | $ | 24.5 |
Schedule of Long-Term Debt | Long-term debt at June 30, 2026 and December 31, 2025 was as follows:
| June 30, 2026 |  | December 31, 2025
Variable-rate Senior Credit Facility, with an average interest rate of 4.79% for U.S. dollars and 3.03% for Euros at June 30, 2026, and 2.91% for Euros at December 31, 2025 | $ | 118.4 |  |  | $ | 21.2 |
Variable-rate Accounts Receivable Facility with an interest rate of 4.66% at June 30, 2026 | 80.0 |  |  | — |
Fixed-rate Euro Senior Unsecured Notes(1), maturing on September 7, 2027, with an interest rate of 2.02% | 171.3 |  |  | 176.2 |
Variable-rate Term Loan(1), maturing on December 5, 2027, with an interest rate of 4.87% at June 30, 2026 and 4.94% at December 31, 2025 | 84.9 |  |  | 84.8 |
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% | 154.9 |  |  | 154.9 |
Fixed-rate Senior Unsecured Notes(1), maturing on December 15, 2028, with an interest rate of 4.50% | 398.8 |  |  | 398.5 |
Fixed-rate Senior Unsecured Notes(1), maturing on April 1, 2032, with an interest rate of 4.13% | 346.9 |  |  | 346.4 |
Fixed-rate Euro Senior Unsecured Notes(1), maturing on May 23, 2034, with an interest rate of 4.13% | 677.1 |  |  | 695.5 |
Fixed-rate Euro Bank Loan, maturing on June 30, 2033, with an interest rate of 2.15% | 9.7 |  |  | 10.6 |
Other | 7.9 |  |  | 9.4 |
Total debt | $ | 2,049.9 |  |  | $ | 1,897.5 |
Less: current maturities | 13.9 |  |  | 14.4 |
Long-term debt | $ | 2,036.0 |  |  | $ | 1,883.1 |
(1) Net of discounts and fees
Schedule of Maturities of Long-Term Debt | The maturities of long-term debt (including $6.3 million of finance leases) subsequent to June 30, 2026 are as follows:
Year |
2026 | $ | 12.1 |
2027 | 403.4 |
2028 | 602.9 |
2029 | 2.6 |
2030 | 2.2 |
2031 | 1.8 |
Thereafter | 1,038.1 |

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