XML 21 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
Debt (Details 2)
$ in Millions
3 Months Ended 9 Months Ended
Apr. 12, 2013
USD ($)
Apr. 04, 2013
USD ($)
item
Nov. 20, 2006
USD ($)
item
Nov. 20, 2006
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
Debt              
Debt outstanding         $ 2,109.8 $ 2,109.8 $ 2,319.1
Ownership interest in domestic subsidiaries (as a percent)         100.00% 100.00%  
Real estate properties portfolio              
Debt              
Debt outstanding         $ 40.8 $ 40.8 $ 41.8
Interest rate (as a percent)         6.40% 6.40%  
Lump sum payment on maturity         $ 39.2 $ 39.2  
Third Amended and Restated Credit Agreement              
Debt              
Number of banks as lenders | item   26          
Unsecured revolving credit facility              
Debt              
Maximum borrowing capacity of the revolving credit facility   $ 1,500.0          
Commitment fee on unused portion of revolving credit facility (as a percent)         0.20%    
Weighted average fixed interest rate (as a percent)         1.44% 1.44% 1.42%
Letters of credit outstanding         $ 58.8 $ 58.8  
Available on the revolving credit facility         $ 952.2 $ 952.2  
Unsecured revolving credit facility | Third Amended and Restated Credit Agreement              
Debt              
Increased maximum borrowing capacity under the credit subject to approval of the lenders and certain other conditions   500.0          
Unsecured revolving credit facility | LIBOR              
Debt              
Variable interest rate         LIBOR    
Interest rate added to base (as a percent)         1.25%    
Unsecured revolving credit facility | Bank prime rate              
Debt              
Variable interest rate         bank prime rate    
Interest rate added to base (as a percent)         0.25%    
Senior Unsecured Notes              
Debt              
Percentage of principal amount at which the notes may be required to be repurchased in event of a change of control and a downgrade of the entity's credit rating           101.00%  
Senior unsecured notes issued November 20, 2006              
Debt              
Issuance of debt       $ 600.0      
Number of tranches comprising the debt issuance | item     2        
Senior unsecured notes due November 15, 2016              
Debt              
Debt outstanding         $ 350.0 $ 350.0 $ 350.0
Interest rate (as a percent)     6.20% 6.20%      
Issuance of debt     $ 350.0        
Senior unsecured notes due November 15, 2036              
Debt              
Debt outstanding         250.0 250.0 250.0
Interest rate (as a percent)     6.85% 6.85%      
Issuance of debt     $ 250.0        
Senior unsecured notes due April 15, 2023              
Debt              
Debt outstanding         $ 500.0 $ 500.0 $ 500.0
Interest rate (as a percent) 4.50%            
Issuance of debt $ 500.0            
Unsecured Revolving Credit Facility and Senior Unsecured Notes              
Debt              
Ownership interest in domestic subsidiaries (as a percent)         100.00% 100.00%  
Minimum percentage of consolidated EBITDA required for the entity and subsidiary guarantors         80.00% 80.00%  
Minimum percentage of consolidated tangible assets required for the entity and subsidiary guarantors         80.00% 80.00%  
Term loan expiring April 4, 2018              
Debt              
Annual amortization of term loan thereafter until March 2018 (as a percent)           10.00%  
Weighted average fixed interest rate (as a percent)         1.44% 1.44% 1.42%
Term loan expiring April 4, 2018 | Third Amended and Restated Credit Agreement              
Debt              
Issuance of debt   $ 500.0          
Term loan expiring April 4, 2018 | LIBOR              
Debt              
Variable interest rate         LIBOR    
Interest rate added to base (as a percent)         1.25%    
Term loan expiring April 4, 2018 | Bank prime rate              
Debt              
Variable interest rate         bank prime rate    
Interest rate added to base (as a percent)         0.25%    
Other separate revolving credit facilities              
Debt              
Maximum borrowing capacity of the revolving credit facility         $ 77.9 $ 77.9  
Debt outstanding         57.5 57.5 $ 48.3
IRB | Metals USA              
Debt              
Debt outstanding         $ 11.2 $ 11.2 $ 11.5