XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Tables)
 9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The Company's debt is comprised of the following:
 
 
September 30, 2017
 
 
 
 
 
 
Fair Value
(In millions)
 
Principal Balance
 
Carrying Value
 
Level 1
 
Level 2
ABL facility
 
$
—

 
$
—

 
$
—

 
$
—

Senior notes due 2023
 
535.0

 
527.7

 
560.4

 
—

Senior notes due 2022
 
1,600.0

 
1,582.2

 
1,686.6

 
—

Senior notes due 2021
 
590.3

 
584.4

 
619.8

 
—

Term loan facility
 
1,494.0

 
1,453.3

 
—

 
1,501.4

Senior debentures due 2034
 
300.0

 
202.3

 
299.9

 
—

Convertible senior notes
 
4.7

 
4.7

 
19.4

 
—

Euro private placement notes due 2020
 
14.2

 
15.2

 
—

 
14.8

Asset financing
 
95.8

 
95.8

 
92.6

 
—

Capital leases for equipment
 
165.4

 
165.4

 
—

 
165.4

Total debt
 
$
4,799.4

 
$
4,631.0

 
$
3,278.7

 
$
1,681.6

Current maturities of long-term debt
 
$
90.0

 
$
90.0

 
 
 
 
Long-term debt
 
$
4,709.4

 
$
4,541.0

 
 
 
 
 
 
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