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Short-term Debt and Credit Lines | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Short-term Debt and Credit Lines | Note 4 Short-term Debt and Credit Lines The Company did not have short-term debt at December 31, 2023 and 2022. On July 8, 2021, the Company entered into a new credit agreement, with a maturity date of July 8, 2026. The Company amended its credit agreement to modify the benchmark interest rate on January 20, 2023. The credit agreement includes a $150.0 million multi-currency line of credit that supports commercial paper (up to $100.0 million). The facility includes several features that enhance the Company’s financial flexibility including an increase feature, acquisition holiday and favorable financial covenants. The Company was in compliance with all covenants as of December 31, 2023. The Company had $154.4 million of unused credit lines available at December 31, 2023.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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