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Indebtedness (Tables)
 12 Months Ended
Dec. 31, 2012
Indebtedness  
Schedule of debt activity (both current and non-current)

 

 

 
   December 31,
2011		   Borrowings   Repayments   Other(4)   December 31,
2012		  

Domestic revolving loan facility

   $ —   $ 1,065.0   $ (1,065.0 ) $ —   $ —  

Foreign revolving loan facility

     30.9     —     (31.9 )   1.0     —  

Term loan 1(1)

     300.0     —     (300.0 )   —     —  

Term loan 2(1)

     500.0     —     (25.0 )   —     475.0  

6.875% senior notes

     600.0     —     —     —     600.0  

7.625% senior notes

     500.0     —     —     —     500.0  

Trade receivables financing arrangement(2)

     —     127.3     (127.3 )   —     —  

Other indebtedness(3)

     70.2     17.7     (26.3 )   55.4     117.0  
                       

Total debt

     2,001.1   $ 1,210.0   $ (1,575.5 ) $ 56.4     1,692.0  
                           

Less: short-term debt

     71.3                       33.4  

Less: current maturities of long-term debt

     4.2                       8.7  
                             

Total long-term debt

   $ 1,925.6                     $ 1,649.9  
                             
(1)
On December 3, 2012, a portion of the proceeds from the sale of Service Solutions were used to repay $325.0 of the term loans ($300.0 for Term Loan 1 and $25.0 for Term Loan 2). In addition, we have allocated approximately $8.0 of interest expense associated with the $325.0 of term loan repayments to discontinued operations within our consolidated statement of operations for the year ended December 31, 2012.

(2)
Under this arrangement, we can borrow, on a continuous basis, up to $130.0, as available. At December 31, 2012, we had $46.3 of available borrowing capacity under the facility.

(3)
Includes balances under a purchase card program of $27.9 and $40.4 and capital lease obligations of $82.3 and $26.0 at December 31, 2012 and December 31, 2011, respectively.

(4)
"Other" includes debt assumed, including $60.0 of capital lease obligations related to the new corporate headquarters building, and foreign currency translation on any debt instruments denominated in currencies other than the U.S. dollar.
Schedule of fees charged and the interest rate margins applicable to Eurodollar and alternate base rate loans

 

 

Consolidated Leverage Ratio
  Domestic
Revolving
Commitment
Fee		   Global
Revolving
Commitment
Fee		   Letter of
of
Credit
Fee		   Foreign
Credit
Commitment
Fee and
Bilateral
Foreign
Credit Fee		   Foreign
Credit
Instrument
Fee and
Bilateral
Foreign
Credit Fee		   LIBOR
Rate
Loans		   ABR
Loans		   Term
Loan
LIBOR
Rate
Loans		   Term
Loan
ABR
Loans		  

Greater than or equal to 3.00 to 1.00

     0.40 %   0.40 %   2.00 %   0.40 %   1.25 %   2.00 %   1.00 %   2.25 %   1.25 %

Between 2.00 to 1.00 and 3.00 to 1.00

     0.35 %   0.35 %   1.875 %   0.35 %   1.125 %   1.875 %   0.875 %   2.125 %   1.125 %

Between 1.50 to 1.00 and 2.00 to 1.00

     0.30 %   0.30 %   1.75 %   0.30 %   1.00 %   1.75 %   0.75 %   2.00 %   1.00 %

Between 1.00 to 1.00 and 1.50 to 1.00

     0.275 %   0.275 %   1.50 %   0.275 %   0.875 %   1.50 %   0.50 %   1.75 %   0.75 %

Less than 1.00 to 1.00

     0.25 %   0.25 %   1.25 %   0.25 %   0.75 %   1.25 %   0.25 %   1.50 %   0.50 %