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Long-term Debt | 6 Months Ended
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Jun. 30, 2019
Debt Disclosure [Abstract] |
Long-term Debt | Long-term Debt Our long-term debt outstanding consists of the following (in millions):
| June 30, 2019 |  | December 31, 2018
Credit Agreement— |  |  |
Advances under revolving credit facility | $ | 335.0 |  |  | $ | 30.0 |
Term loan facilities | 272.8 |  |  | 280.1 |
Bonds payable— |  |  |
5.125% Senior Notes due 2023 | 297.0 |  |  | 296.6 |
5.75% Senior Notes due 2024 | 1,095.5 |  |  | 1,194.7 |
5.75% Senior Notes due 2025 | 345.3 |  |  | 345.0 |
Other notes payable | 16.9 |  |  | 104.2 |
Finance lease obligations | 395.2 |  |  | 263.8 |
| 2,757.7 |  |  | 2,514.4 |
Less: Current portion | (38.1 | ) |  | (35.8 | )
Long-term debt, net of current portion | $ | 2,719.6 |  |  | $ | 2,478.6 |
As a result of adopting ASC 842 on January 1, 2019, notes payable of approximately $83 million related to sale/leaseback transactions involving real estate became finance lease obligations. See Note 1, Basis of Presentation, “Recent Accounting Pronouncements,” for additional information on ASC 842. In May 2019, we gave notice for redemption of $100 million of the outstanding principal amount of our existing 5.75% Senior Notes due 2024 (the “2024 Notes”). In June 2019, we completed this redemption using cash on hand and capacity under our revolving credit facility. Pursuant to the terms of the 2024 Notes, this optional redemption was made at a price of 101.917%, which resulted in a total cash outlay of approximately $102 million. As a result of this redemption, we recorded a $2.3 million Loss on early extinguishment of debt in the second quarter of 2019. Additionally, Long-term debt, net of current portion as of June 30, 2019, included amounts drawn under our revolving credit facility primarily to help fund the acquisition of Alacare on July 1, 2019, as discussed in Note 2, Business Combinations. For additional information regarding our indebtedness, see Note 9, Long-term Debt, to the consolidated financial statements accompanying the 2018 Form 10‑K.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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