v2.4.0.8
Debt (Tables)
3 Months Ended
Mar. 31, 2014
Debt Disclosure [Abstract]  
Debt Outstanding
Debt outstanding consisted of the following:
 
(in millions)
 
March 31, 2014
 
December 31, 2013
Senior secured term loan, payable in quarterly installments through February 10, 2019, including variable interest (4.25% at March 31, 2014) at LIBOR or alternate base rate, plus applicable margin, including original discount of $0.1 million and $0.2 million at March 31, 2014 and December 31, 2013, respectively
 
$
1,120.6

 
$
1,123.5

Senior secured revolving line of credit, due on February 10, 2017, variable interest (4.63% weighted average at March 31, 2014) at LIBOR or alternate base rate, plus applicable margin
 
28.5

 

11.375% notes - Senior notes, principal due June 15, 2018, semi-annual interest payments, 11.375% fixed interest per annum, including unamortized fair value adjustment of $91.4 million and $95.9 million as of March 31, 2014 and December 31, 2013, respectively
 
736.4

 
740.9

9.625% notes - Senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 9.625% fixed interest per annum
 
600.0

 
600.0

8.125% notes - Senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 8.125% fixed interest per annum, including original issuance discount of $1.6 million and $1.7 million at March 31, 2014 and December 31, 2013, respectively
 
398.4

 
398.3

Capital lease obligations
 
3.3

 
4.2

Other notes payable
 
4.3

 

Total debt
 
$
2,891.5

 
$
2,866.9

Less short-term debt and current portion of long-term debt
 
(45.7
)
 
(13.8
)
Total long-term debt
 
$
2,845.8

 
$
2,853.1

Interest Expense
Interest expense consisted of the following:
(in millions)
 
Three Months
Ended
March 31,
2014
 
Three Months
Ended
March 31,
2013
Senior secured term loan
 
$
12.6

 
$
11.7

Senior secured revolving line of credit
 
0.1

 

11.375% notes
 
13.8

 
14.2

9.625% notes
 
15.7

 
15.5

8.125 % notes
 
8.5

 
8.5

Other
 
0.1

 
(0.1
)
Total interest
 
$
50.8

 
$
49.8