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Debt (Tables)
 6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The Company's debt is comprised of the following:
 
 
June 30, 2017
 
 
 
 
 
 
Fair Value
(In millions)
 
Principal Balance
 
Carrying Value
 
Level 1
 
Level 2
ABL facility
 
$
—

 
$
—

 
$
—

 
$
—

Senior notes due 2023
 
535.0

 
527.5

 
561.8

 
—

Senior notes due 2022
 
1,600.0

 
1,581.5

 
1,682.0

 
—

Senior notes due 2021
 
570.6

 
564.5

 
602.0

 
—

Senior notes due 2018
 
265.8

 
266.5

 
272.0

 
—

Term loan facility
 
1,494.0

 
1,451.0

 
—

 
1,502.9

Senior debentures due 2034
 
300.0

 
201.8

 
301.4

 
—

Convertible senior notes
 
38.4

 
37.8

 
150.9

 
—

Euro private placement notes due 2020
 
13.7

 
14.7

 
—

 
14.1

Asset financing
 
105.5

 
105.5

 
105.5

 
—

Capital leases for equipment
 
120.5

 
120.5

 
—

 
120.5

Total debt
 
$
5,043.5

 
$
4,871.3

 
$
3,675.6

 
$
1,637.5

Current maturities of long-term debt
 
$
136.6

 
$
117.0

 
 
 
 
Long-term debt
 
$
4,906.9

 
$
4,754.3

 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
Fair Value
(In millions)
 
Principal Balance
 
Carrying Value
 
Level 1
 
Level 2
ABL facility
 
$
30.0

 
$
30.0

 
$
—

 
$
30.0

Senior notes due 2023
 
535.0

 
527.1

 
560.4

 
—

Senior notes due 2022
 
1,600.0

 
1,579.9

 
1,689.4

 
—

Senior notes due 2021
 
527.1

 
520.7

 
546.0

 
—

Senior notes due 2018
 
265.8

 
267.1

 
274.0

 
—

Term loan facility
 
1,481.9

 
1,439.2

 
—

 
1,507.1

Senior debentures due 2034
 
300.0

 
200.8

 
241.6

 
—

Convertible senior notes
 
49.4

 
47.1

 
129.8

 
—

Euro private placement notes due 2020
 
12.6

 
13.7

 
—

 
14.0

Asset financing
 
145.0

 
145.0

 
145.0

 
—

Capital leases for equipment
 
97.4

 
97.4

 
—

 
97.4

Total debt
 
$
5,044.2

 
$
4,868.0

 
$
3,586.2

 
$
1,648.5

Current maturities of long-term debt
 
$
138.9

 
$
136.5

 
 
 
 
Long-term debt
 
$
4,905.3

 
$
4,731.5