Quarterly report pursuant to Section 13 or 15(d)

Financing Agreements - Narrative (Details)

v3.20.2
Financing Agreements - Narrative (Details)
€ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Jun. 16, 2020
USD ($)
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Jun. 30, 2020
USD ($)
Dec. 31, 2019
Jun. 30, 2019
Sep. 30, 2021
Jun. 30, 2020
USD ($)
Rate
Jun. 30, 2019
USD ($)
Sep. 15, 2020
Jun. 30, 2020
EUR (€)
May 19, 2020
USD ($)
Jan. 10, 2020
EUR (€)
Sep. 30, 2019
USD ($)
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           $ 2,000,000.0       $ 2,000,000.0            
Long-term Debt           1,711,100,000       1,711,100,000           $ 619,500,000
Maximum ratio of Indebtedness to EBITDA allowed             4.75                  
Debt Instrument, Covenant Terms, Minimum Ratio of Earnings before Interest, Taxes, Depreciation, and Amortization to Interest Expense             3.00                  
Amortization of deferred financing costs                   2,500,000 $ 900,000          
$500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           1,400,000       1,400,000            
Debt instrument, face amount           500,000,000.0       500,000,000.0            
Long-term Debt           $ 479,900,000       $ 479,900,000           0
Weighted average interest rates           2.59%       3.07%            
$225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           $ 400,000       $ 400,000            
Debt instrument, face amount           225,000,000.0       225,000,000.0            
Long-term Debt           $ 216,200,000       $ 216,200,000           0
Weighted average interest rates           2.46%       2.94%            
$900.0 revolving credit facility (excluding outstanding letters of credit)                                
Debt instrument [Line Items]                                
Line of credit facility, maximum borrowing capacity           $ 642,400,000       $ 642,400,000            
Long-term Debt           0       0           0
Letters of Credit Outstanding, Amount           8,100,000       8,100,000            
Line of credit facility, remaining borrowing capacity           $ 891,900,000       $ 891,900,000            
Weighted average interest rates           2.59%   2.89%   2.78% 2.66%          
Weighted average facility fee           0.30%   0.13%   0.24% 0.12%          
$150.0 senior unsecured notes, net of discount (5)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           $ 3,900,000       $ 3,900,000           4,300,000
Debt instrument, face amount           375,000,000.0       375,000,000.0            
Long-term Debt           $ 370,600,000       $ 370,600,000           370,100,000
Debt instrument, increase to coupon rate           0.0025       0.0025     0.0025      
Debt instrument, original coupon rate           0.045       0.045     0.045      
$150.0 senior unsecured notes, net of discount (5)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross                               200,000
Debt instrument, face amount           $ 150,000,000.0       $ 150,000,000.0            
Long-term Debt           150,000,000.0       150,000,000.0           149,700,000
$100.0 Series A Notes (6)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           300,000       300,000            
Long-term Debt           99,700,000       99,700,000           99,700,000
Other Financing Agreements                                
Debt instrument [Line Items]                                
Line of credit facility, maximum borrowing capacity           383,700,000       383,700,000            
Line of credit facility, amount utilized for bank guarantees           267,400,000       267,400,000            
Syndicated credit facility                                
Debt instrument [Line Items]                                
Line of credit facility, maximum borrowing capacity | €                         € 150.0      
L/G Facility Agreement Amendment                                
Debt instrument [Line Items]                                
Line of credit facility, increase in maximum borrowing capacity | €                             € 25.0  
$400.0 senior unsecured notes (2)                                
Debt instrument [Line Items]                                
Debt Issuance Costs, Line of Credit Arrangements, Gross           5,500,000       5,500,000            
Debt instrument, face amount $ 400,000,000.0                              
Long-term Debt           394,500,000       394,500,000           $ 0
Debt interest rate 5.75%                              
Amortization of deferred financing costs $ 5,500,000                              
Debt instrument, redemption price, percentage of principal amount redeemable 101.00%                              
Amendment Of Credit Agreement, L/G Facility Agreement And The Shelf Agreement [Member]                                
Debt instrument [Line Items]                                
Amortization of deferred financing costs                   3,600,000            
Debt covenant, maximum cash or cash equivalents under each borrowing                           $ 350,000,000.0    
Debt Instrument, Redemption, Period One [Member] | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Periodic Payment, Principal                   0.05            
Debt Instrument, Redemption, Period One [Member] | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Periodic Payment, Principal                   0.05            
Debt Instrument, Redemption, Period Three [Member] | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Periodic Payment, Principal                   0.075            
Debt Instrument, Redemption, Period Three [Member] | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Periodic Payment, Principal                   0.075            
Debt Instrument, Redemption, Period Five [Member] | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Periodic Payment, Principal                   $ 0.10            
Base Rate [Member] | Minimum | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   0.00%            
Base Rate [Member] | Minimum | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   0.00%            
Base Rate [Member] | Maximum | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   1.375%            
Base Rate [Member] | Maximum | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   1.25%            
LIBO Rate [Member] | Minimum | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   1.00%            
LIBO Rate [Member] | Minimum | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   0.875%            
LIBO Rate [Member] | Maximum | $500.0 term loan (1)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   2.375%            
LIBO Rate [Member] | Maximum | $225.0 term loan (4)                                
Debt instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate | Rate                   2.25%            
Milacron | Revolver [Member] | $900.0 revolving credit facility (excluding outstanding letters of credit)                                
Debt instrument [Line Items]                                
Long-term Line of Credit           $ 650,000,000.0       $ 650,000,000.0            
Forecast [Member] | $150.0 senior unsecured notes, net of discount (5)                                
Debt instrument [Line Items]                                
Debt instrument, original coupon rate                       0.050        
Forecast [Member] | Amendment Of Credit Agreement, L/G Facility Agreement And The Shelf Agreement [Member]                                
Debt instrument [Line Items]                                
Maximum ratio of Indebtedness to EBITDA allowed   3.50 3.75 4.00 4.25       4.75