Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2025

Debt consists of the following:


				Carrying Value at
	Maturity Date	Interest Rate at June 30, 2025		June 30, 2025		December 31, 2024
				(In millions)
Senior Notes	April 15, 2027	6.625	%	$	350.0	$	350.0

Revolving credit facility	January 14, 2027	5.9%		287.5		248.6


Finance Leases	Various	Various		15.1		17.0
Other	Various	Various		14.4		13.1
Total debt				667.0		628.7
Less: Current portion of long-term debt and short-term debt				(8.7)		(8.4)

Less: Unamortized debt issuance costs				(1.6)		(2.0)
Total long-term debt				$	656.7	$	618.3

Schedule of Fair Value of Debt

The following table represents fair value information of the Notes, classified as Level 1 using estimated quoted market prices.


	June 30, 2025		December 31, 2024
	(In millions)
Carrying amount	$	350.0	$	350.0
Fair value	$	342.1	$	344.3

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

PARK OHIO INDUSTRIES INC/OH 10-Q