v3.25.2
Debt Short-Term Borrowings and Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Debt is composed of the following obligations.
($ in millions)June 30, 2025December 31, 2024
Short-term debt:
Local overdraft facilities$22.7 18.9 
Other short-term borrowings84.5 134.9 
Commercial paper, net of debt issuance costs of $0.8 and $0.7
689.2 199.3 
Total short-term debt, net of debt issuance costs$796.4 353.1 
Credit facility, net of debt issuance costs of $10.0 and $11.4
370.0 88.6 
Long-term senior notes, 1.96%, face amount of €175.0, due June 2027, net of debt issuance costs of $0.3 and $0.3
205.1 181.2 
Long-term senior notes, 6.875%, face amount of $400.0, due December 2028, net of debt issuance costs of $4.9 and $5.6
395.1 394.4 
Long-term senior notes, 2.21%, face amount of €175.0, due June 2029, net of debt issuance costs of $0.4 and $0.5
205.1 181.1 
Total debt, net of debt issuance costs$1,971.7 1,198.4 
Schedule of Credit Facility, Average Outstanding Amount [Table Text Block]
The following table provides additional information on our Program, Facility and Uncommitted Facility, collectively.
Three Months Ended June 30,Six Months Ended June 30,
($ in millions)2025202420252024
Average outstanding borrowings $1,573.5 1,705.8 $1,290.0 1,381.3 
Average effective interest rate5.0 %6.2 %5.0 %6.2 %