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INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 27, 2015
INDEBTEDNESS |
Schedule of debt activity (both current and non-current) |
|  | December 31, |  |  |  |  |  |  |  | June 27, |
|  | 2014 |  | Borrowings |  | Repayments |  | Other (4) |  | 2015 |
Domestic revolving loan facility |  | $ | 133.0 |  | $ | 325.0 |  | $ | (217.0 | ) | $ | — |  | $ | 241.0 |
Term loan (1) |  | 575.0 |  | — |  | (7.2 | ) | — |  | 567.8 |
6.875% senior notes, due in August 2017 |  | 600.0 |  | — |  | — |  | — |  | 600.0 |
Trade receivables financing arrangement (2) |  | 10.0 |  | 95.0 |  | (88.0 | ) | — |  | 17.0 |
Other indebtedness (3) |  | 51.7 |  | 1.3 |  | (3.6 | ) | (0.3 | ) | 49.1 |
Total debt |  | 1,369.7 |  | $ | 421.3 |  | $ | (315.8 | ) | $ | (0.3 | ) | 1,474.9 |
Less: short-term debt |  | 181.1 |  |  |  |  |  |  |  | 294.1 |
Less: current maturities of long-term debt |  | 30.8 |  |  |  |  |  |  |  | 37.5 |
Total long-term debt |  | $ | 1,157.8 |  |  |  |  |  |  |  | $ | 1,143.3 |
| (1) |  | The term loan is repayable in quarterly installments of 5.0% annually, and payments began during our second fiscal quarter of 2015. The remaining balance is repayable in full on December 23, 2018.
| (2) |  | Under this arrangement, we can borrow, on a continuous basis, up to $80.0, as available. At June 27, 2015, we had $50.2 of available borrowing capacity under this facility after giving effect to outstanding borrowings of $17.0.
| (3) |  | Primarily included balances under a purchase card program of $30.2 and $32.1 and capital lease obligations of $13.0 and $13.6 at June 27, 2015 and December 31, 2014, respectively. The purchase card program allows for payment beyond the normal payment terms for goods and services acquired under the program. As this arrangement extends the payment of these purchases beyond their normal payment terms through third-party lending institutions, we have classified these amounts as short-term debt.
| (4) |  | “Other” primarily included debt assumed and foreign currency translation on any debt instruments denominated in currencies other than the U.S. dollar.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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