v3.25.2
Debt and Credit Facilities (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Total Debt Outstanding
Our total debt outstanding consisted of the amounts set forth in the following table: 

(In millions)Interest rateJune 30, 2025December 31, 2024
Short-term borrowings(1)
$317.6 $140.5 
Current portion of long-term debt(2)
42.1 64.6 
Total current debt359.7 205.1 
Term Loan A due March 2027460.6 685.2 
Senior Secured Notes due October 20261.573 %598.6 598.1 
Senior Notes due December 20274.000 %423.4 423.1 
Senior Notes due February 20286.125 %768.2 767.0 
Senior Notes due April 20295.000 %422.6 422.3 
Senior Notes due February 20317.250 %421.6 421.3 
Senior Notes due July 20326.500 %396.4 396.2 
Senior Notes due July 20336.875 %447.1 446.9 
Other(2)
43.9 38.7 
Total long-term debt, less current portion(3)
3,982.4 4,198.8 
Total debt(4)
$4,342.1 $4,403.9 
(1)Short-term borrowings of $317.6 million at June 30, 2025, were comprised of $171.2 million under our revolving credit facility, $92.5 million under our European securitization program, $50.0 million under our U.S. securitization program, and $3.9 million of short-term borrowings from various lines of credit. Short-term borrowings of $140.5 million at December 31, 2024, were comprised of $83.0 million under our European securitization program, $50.0 million under our U.S. securitization program, and $7.5 million of short-term borrowings from various lines of credit.
(2)Current portion of long-term debt included finance lease liabilities of $7.4 million and $6.6 million at June 30, 2025 and December 31, 2024, respectively. Other debt includes long-term liabilities associated with our finance leases of $10.6 million and $12.9 million at June 30, 2025 and December 31, 2024, respectively. See Note 4, "Leases," for additional information on finance lease liabilities.
(3)Amounts are shown net of unamortized discounts and issuance costs of $22.7 million as of June 30, 2025 and $31.5 million as of December 31, 2024.
(4)As of June 30, 2025, our weighted average interest rate on our short-term borrowings outstanding was 4.8% and on our long-term debt outstanding was 5.3%. As of December 31, 2024, our weighted average interest rate on our short-term borrowings outstanding was 4.5% and on our long-term debt outstanding was 5.4%.
Schedule of Available Lines of Credit
The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including our revolving credit facility, and the amounts available under our accounts receivable securitization programs.

(In millions)June 30, 2025December 31, 2024
Used lines of credit(1)
$317.6 $140.5 
Unused lines of credit978.2 1,141.4 
Total available lines of credit(2)
$1,295.8 $1,281.9 
(1)Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and lines of credit available to several subsidiaries.
(2)Of the total available lines of credit, $1,143.7 million was committed as of June 30, 2025.