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INDEBTEDNESS (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of debt activity (both current and non-current)

	December 31, 2011		Borrowings		Repayments			Other (4)		June 30, 2012
Domestic revolving loan facility	$	—	$	586.0	$	(436.0	)	$	—	$	150.0
Foreign revolving loan facility	30.9		—		(31.9		)	1.0		—
Term Loan 1(1)	300.0		—		—			—		300.0
Term Loan 2(1)	500.0		—		—			—		500.0
6.875% senior notes	600.0		—		—			—		600.0
7.625% senior notes	500.0		—		—			—		500.0
Trade receivables financing arrangement (2)	—		98.0		(59.3		)	—		38.7
Other indebtedness (3)	70.2		14.5		(10.6		)	0.7		74.8
Total debt	2,001.1		$	698.5	$	(537.8	)	$	1.7	2,163.5
Less: short-term debt	71.3									237.4
Less: current maturities of long-term debt(1)	4.2									331.6
Total long-term debt	$	1,925.6								$	1,594.5

(1) On February 8, 2012, the lenders agreed, with respect to the proceeds from the pending sale of our Service Solutions business, to waive the mandatory prepayments required by the senior credit facilities. The waiver requires that a portion of the proceeds from the pending sale be used to repay $325.0 of the term loans ($300.0 for Term Loan 1 and $25.0 for Term Loan 2). As we expect the sale to close during the second half of 2012 and to make these debt repayments at the time of the closing, we have classified $325.0 of the term loans as “Current maturities of long-term debt” within our condensed consolidated balance sheet as of June 30, 2012. In addition, we have allocated approximately $2.5 and $5.0 of interest expense associated with the $325.0 of expected term loan repayments to discontinued operations within our condensed consolidated statements of operations for the three and six months ended June 30, 2012, respectively.

(2) Under this arrangement, we can borrow, on a continuous basis, up to $130.0, as available.

(3) Includes balances under a purchase card program of $42.2 and $40.4 at June 30, 2012 and December 31, 2011, respectively.

(4) “Other” includes debt assumed and foreign currency translation on any debt instruments denominated in currencies other than the U.S. dollar.